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Almunajem Foods Co.’s board of directors approved on Dec. 17 a request from Suliman Al-Gwaiz to step down from his position as Vice Chairman, while continuing to serve as a board member.

 

In a statement to Tadawul, the company said the board appointed Nader Al-Wehibi as Vice Chairman. Both decisions will be effective from Jan. 1, 2026, until the end of the current board term on Feb. 14, 2029.

 

According to data available on Argaam, the company’s shareholders approved the election of board members for the four-year term, starting on Feb. 15, 2025.

 

Also in February, Al-Gwaiz was named the Vice Chairman.

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