Logo of Ash-Sharqiyah Development Co.
Ash-Sharqiyah Development Co.'s board of directors agreed, on Oct. 31, not to renew the contract term for CEO Mohammed Al-Hojailan, slated to expire on Dec. 31, 2023, the company said in a statement to Tadawul.
However, the notice period to be served is two months, effective Oct. 31, 2023.
Al-Hojailan was named as the CEO in June 2021.
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