Saudi Cable Chairman Sabri Alghamdi resigns, Abdullah Alghabin takes helm

21/04/2024 Argaam

Saudi Cable Chairman Sabri Alghamdi resigns, Abdullah Alghabin takes helm

Logo of Saudi Cable Co.

Saudi Cable Co.'s Chairman Sabri Alghamdi resigned effective April 20, 2024, due to his work commitments while remaining a member of the board of directors, according to a statement to Tadawul.

 

The company’s board decided to appoint Abdullah Alghabin as Chairman as of the same date, the statement added.

 

There are no costs associated with the event at the moment, Saudi Cable said, noting that the financial impact, if any, will be announced later.

 

According to data compiled by Argaam, Saudi Cable's board of directors decided on April 7 to appoint Sabri Alghamdi as Chairman for the three-year term starting April 4, 2024.

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