| Element List | Explanation |
|---|---|
| Introduction | The Saudi Cable Company announces the resignation of Mr. Khalid bin Asaad Khashogji from his position as a Managing Director of the Company while remaining a member of the Board of Directors and CEO of the Company, in order to focus on the requirements of the next phase and based on what the interest of the company requires, and the Board of Directors extends its sincere thanks and deep gratitude to Mr. Khalid Khashogji for his for his distinguished leadership, efforts and achievements during his assumption of his positions, wishing him success and repayment in the next phase of the company. The Company would also like to announce to its valued shareholders the decision of the Board of Directors to appoint Eng. Faris bin Mansour Al-Rajhi as Managing Director. |
| Element List | Explanation |
|---|---|
| Name of the Resigned Person | Mr. Khalid bin Asaad Khashoggi |
| Resignation Acceptance Date | 2026-01-27 Corresponding to 1447-08-08 |
| Resignation Effective Date | 2026-01-27 Corresponding to 1447-08-08 |
| Reasons for Resignation | To focus on the requirements of the next phase and based on what the company's interest requires. |
| Element List | Explanation |
|---|---|
| Appointment Type | Appointment |
| Name of the Appointed Person | Eng. Faris bin Mansour Al-Rajhi |
| Date of Board Resolution | 2026-01-27 Corresponding to 1447-08-08 |
| Date Work Commencement | 2026-01-27 Corresponding to 1447-08-08 |
| Brief Resume | Eng. Fares bin Mansour Alrajhi possesses over twenty years of experience in corporate management, business development, and supervising multiple commercial and industrial entities. He has also served as a member of the boards of directors of several companies and held various leadership positions throughout his professional career. He has an established track record in leading institutional transformations, achieving growth, and ensuring sustainability. During his professional career, Eng. Fares held a number of senior positions and board memberships in various companies, including the Tourism Enterprise Co. (Shams), Chairman of the Board of Directors of Methanol Chemicals Company (Chemanol), Qabas Al Taqnia Trading Company, Company Of World Box Factory, and Al Hekaliyah Construction Company. He also served as the Chief Executive Officer (CEO) of Dukhoon Al Wataniyah Trading Company, Nafaes Dukhoon Perfumes Company, and Aqdar wa Namaa Real Estate Company. Eng. Fares holds a bachelor’s degree in electrical engineering from King Saud University. |
