Saudi Automotive Services Co.'s (SASCO) board of directors decided today, June 30, to reappoint Ibrahim Al Hudaithi (non-executive) as Chairman and Sultan Al Hudaithi (executive) as Vice Chairman and Managing Director.
The company said in a bourse statement that the executive committee was formed, with Ibrahim Al Hudaithi as Chairman, and Sultan Al Hudaithi and Riyadh Saleh Almalik as members.
In addition, the remuneration and nomination committee was also formed, with Ali Mohammed Aba Al Khail as Chairman, and Majed Mohammed Al-Othman and Suleiman Abdulaziz as members.
During the meeting, the company's representatives to the Capital Market Authority (CMA) and Saudi Exchange were appointed.
The ordinary general meeting (OGM), held on June 16, approved forming the audit committee, and setting remunerations for its members for the 13th term, starting today, June 30, and ending on June 29, 2024.
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