Sector News

Kayan appoints chairman

January 13, 2015
News
(Reuters) – Saudi Kayan Petrochemical Co, an affiliate of Saudi Basic Industries Corp. (SABIC), replaced its non-executive chairman of the board, the company said in a statement.
 
Omar Al-Amoudi, executive vice president of shared services at SABIC and an existing Kayan board member, took over from Mutlaq Al-Morished, who resigned after becoming chief executive of National Industrialization Co. (Tasnee), Kayan said.
 
Al-Morished left his post as chief financial officer of SABIC to take up the position at Tasnee, Reuters reported on Dec. 14.
 
Al-Amoudi is also the chairman of Saudi Methanol Co, another Sabic subsidiary, and a board member of Marafiq, the utility company for the Jubail and Yanbu industrial cities, where most of the Kingdom’s petrochemicals industry are based.

Related News

August 23, 2019

The higher purpose of being a CEO

Borderless Leadership

When I left my second large company experience to become President of a small manufacturing company I did so driven by ego; I fancied the title. Soon enough I realized […]

August 23, 2019

As Brexit nears, Britain’s drugs, devices and pricing regulators seek the exit

Life sciences

Firm details on exactly how the U.K. will regulate new medicines is still to be decided after it leaves the EU later this year (caveats on timing abound), but we […]

August 23, 2019

The Simply Good Foods Company acquires Quest Nutrition for $1bn

Food & Drink

The Simply Good Foods Company, the owner of Atkins-branded food products, has secured a deal to acquire protein snack maker Quest Nutrition for $1 billion. Quest, which sells a range […]