| Element List | Explanation |
|---|---|
| Introduction | Khalid Dhafer & Brothers Logistics Services Company announces that it has received a letter from the Chief Executive Officer, Mr. Saleh Farhan Alhariri, informing the Company of his intention not to renew his current contract, which expires on 30/09/2026, due to personal reasons. The Board of Directors has approved the request provided that the Chief Executive Officer Mr. Saleh Farhan Alhariri ,shall continue to perform his current duties until the end of his contract term on 30/09/2026. The Board of Directors extends its sincere appreciation to the Chief Executive Officer for his efforts and positive contributions during his tenure with the Company, wishing him continued success. The Board of Directors has also resolved to appoint the Deputy Chief Executive Officer for Operations, Mr. Majed Abdullah Al-Qahtani, as Chief Executive Officer effective from 01/10/2026. |
| Element List | Explanation |
|---|---|
| Name of the Resigned Person | Mr. Saleh bin Farhan Alhariri |
| Resignation Acceptance Date | 2026-05-23 Corresponding to 1447-12-06 |
| Resignation Effective Date | 2026-09-30 Corresponding to 1448-04-19 |
| Reasons for Resignation | Due to his unwillingness to renew the contract and due to his personal circumstances. |
| Element List | Explanation |
|---|---|
| Appointment Type | Appointment |
| Name of the Appointed Person | Mr. Majed bin Abdullah Al-Qahtani |
| Date of Board Resolution | 2026-05-23 Corresponding to 1447-12-06 |
| Date Work Commencement | 2026-10-01 Corresponding to 1448-04-20 |
| Brief Resume | Mr. Majed bin Abdullah Al-Qahtani holds a Bachelor’s degree in Business Administration, majoring in Marketing, from King Saud University, in addition to several professional certifications specialized in supply chain and logistics management. He also has more than 23 years of professional experience in the logistics sector, during which he held several leadership and managerial positions at Khalid Dhafer & Brothers Logistics Services Company , most recently serving as Deputy Chief Executive Officer for Operations |