Mayar shareholders elect new board members

Logo of Mayar Holding Co.

Mayar Holding Co.’s shareholders approved electing a board of directors for the upcoming four-year term, starting Nov. 21, 2025, during the ordinary general meeting (OGM), held on Nov. 5, according to a statement to Tadawul.

The elected board members are Thamer Al Rayes (Chairman), Mohammad Al Rayes (Vice Chairman), Abdulmajeed Al Shaikh (board member and CEO), Tarek Al Rrumaim (member), Mohammed Alshaikh (member), and Raeed Aljalajel (member).

 

The elected board was delegated with the authority of the ordinary general assembly as per Article 1/27 of the Companies Law, for one year from the general assembly approval date or until the end of the session of the elected board, whichever comes first, in accordance with the executive regulations of the private companies of listed joint stock companies law.

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