Breakdown of top-paid execs by salaries, remuneration in 2025

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Argaam’s periodic survey of compensation and salaries paid to senior executives and board members of Saudi joint-stock companies showed that 101 executives and board members at some Saudi-listed companies received the highest salaries and remuneration in 2025, led by Saleh Al Rashed, Cenomi Retail, and SNB.
Not all companies provide detailed disclosures on remuneration received by individual senior executives and board members. Some only disclose aggregate totals for key personnel, making individual tracking difficult.
Executives at Saudi banks, telecom companies, and blue-chip corporations who receive substantial compensation may be underrepresented due to partial disclosures.
Available data showed that Saleh Al Rashed Chairman Abdulaziz Al-Rashed topped the list, earning SAR 9.65 million by the end of 2025, including SAR 7.7 million in profit-based compensation and SAR 1.8 million in periodic bonuses.
The former CFO of Cenomi Retail ranked second, receiving SAR 8.04 million in 2025, comprising salaries and allowances, in addition to a periodic bonus of SAR 3.1 million and end-of-service benefits of SAR 2.2 million.
Cenomi Retail CEO Salim Fakhouri ranked third with SAR 7.89 million, while SNB Chairman Saeed Alghamdi fell from first place in the previous year to fourth in 2025, receiving SAR 7.35 million.
|
Highest-Paid Board Members and Senior Executives at Listed Companies in 2025 (SAR mIn) |
||||||
|
Company |
Member/Exec |
2023 |
2024 |
2025 |
CAPACITY |
Notes |
|
Saleh Al Rashed |
Abdulaziz Saleh Abdulaziz Al-Rashed |
-- |
-- |
9.65 |
Chairman |
A fixed amount, meeting attendance allowance, remuneration, and a profit share totaling SAR 7.7 million, plus SAR 1.8 million in periodic remuneration. |
|
Cenomi Retail |
Ahmed Al-Belbiesi |
-- |
3.14 |
8.04 |
Project Head / Former CFO |
Salaries and allowances, in addition to SAR 3.1 million in periodic remuneration and SAR 2.2 million in end-of-service benefits |
|
Cenomi Retail |
Salim Fakhouri |
-- |
4.46 |
7.89 |
CEO |
Salaries, allowances, and SAR 3 million in periodic remuneration |
|
SNB |
Saeed Alghamdi |
5.00 |
7.35 |
7.35 |
Chairman |
A fixed amount and SAR 6 million in remuneration |
|
Al Othaim |
Muwafaq Mubarrah |
2.42 |
-- |
7.02 |
CEO |
Salaries, remuneration, and SAR 4 million in short-term incentive plans |
|
SRMG |
Abdulrahman Al-Ruwaita |
6.31 |
6.32 |
6.33 |
Chairman |
A fixed amount, meeting attendance allowance, and SAR 6 million in remuneration. |
|
Saudi Cable |
Khalid Khashoggi |
-- |
1.25 |
6.31 |
CEO |
Salaries, allowances, and remuneration, including SAR 2.2 million in periodic remuneration, in addition to SAR 0.7 million in in-kind benefits |
|
Saudi Cable |
Abdullah Ghubein |
-- |
0.46 |
6.23 |
Chairman |
A fixed amount, meeting attendance allowance, expense allowance, and technical services fees totaling SAR 4 million, plus SAR 1.8 million in remuneration |
|
Bahari |
Mohammed Abdulaziz Alsarhan |
1.11 |
0.67 |
6.09 |
Chairman |
A fixed amount, meeting attendance allowance, and an exceptional remuneration of SAR 5.4 million for the Chairman in recognition of his efforts over the previous years |
|
Riyad Bank |
Abdullah Mohammed Al-Issa |
5.81 |
5.82 |
5.84 |
Chairman |
A fixed amount, meeting attendance allowance, and SAR 4.5 million in remuneration |
|
stc |
Mohammed Al Faisal |
0.23 |
0.63 |
5.41 |
Chairman |
A fixed amount of SAR 5.4 million and a meeting attendance allowance |
|
Alinma Bank |
Abdulmalik Alhogail |
3.89 |
4.57 |
4.79 |
Chairman |
A fixed amount, meeting attendance allowance, and SAR 3.5 million in remuneration |
|
Jazira Takaful |
Sager Shah |
4.99 |
0.23 |
4.70 |
Executive Member |
A fixed amount, meeting attendance allowance, expense allowance, and SAR 4.4 million in remuneration |
|
BSF |
Mazin Abdulrazzak AlRomaih |
3.79 |
4.56 |
4.56 |
Chairman |
Meeting attendance allowance and SAR 4.5 million in remuneration |
|
Yanbu Cement |
Ali Al-Ayed |
3.70 |
4.17 |
4.55 |
CEO |
Salaries of SAR 2 million, plus allowances and benefits, in addition to SAR 0.9 million in remuneration |
|
SASCO |
Riyadh Al Malik |
4.37 |
4.52 |
4.09 |
CEO |
Salaries of SAR 1.5 million, plus allowances and remuneration, including SAR 1.9 million in periodic remuneration |
|
SASCO |
Sultan Mohamed |
M3.09 |
4.64 |
4.03 |
Executive Member |
A fixed amount, meeting attendance allowance, expense allowance, and a SAR 3.5 million profit share |
|
SISCO Holding |
Khalid Suleimani |
2.41 |
3.41 |
3.71 |
CEO |
Salaries of SAR 1 million, plus allowances and in-kind benefits, as well as SAR 1.7 million in periodic remuneration and SAR 0.25 million in end-of-service benefits. Resigned in July 2025 |
|
MESC |
Fadhil AL-Saadi |
2.44 |
3.11 |
3.59 |
Former CEO |
Salaries and allowances, plus SAR 2.8 million in end-of-service benefits. Christian Scholes was appointed CEO effective January 2026 |
|
Bupa Arabia |
Loay Hisham Nazer |
1.25 |
3.13 |
3.27 |
Chairman |
A fixed amount, meeting attendance allowance, and SAR 2.5 million in remuneration |
|
SACO |
Abdel-Salam Bdeir |
2.88 |
3.03 |
3.07 |
CEO |
Salaries, allowances, and remuneration |
|
ACIG |
Ali bin Yahya Al-Jaafari |
3.46 |
4.11 |
3.01 |
Non-Executive Member |
A fixed amount, meeting attendance allowance, and remuneration. Served as an executive member during 2025 |
|
SSP |
Renwar Berzinji |
1.36 |
2.94 |
2.98 |
CEO |
A fixed amount, meeting attendance allowance, and fees for administrative and consultancy services |
|
Al Othaim |
N/A |
2.24 |
-- |
2.88 |
COO |
Salaries, remuneration, and incentive plans |
|
Yanbu Cement |
Waleed Mayouf |
2.08 |
2.25 |
2.77 |
CFO |
Salaries, allowances, benefits, and remuneration |
|
Yanbu Cement |
Nabeel Mohammed Baghdadi |
1.28 |
1.40 |
2.77 |
Chief Legal, Governance and Compliance Officer |
Salaries, allowances, benefits, and remuneration |
|
Tadawul Group |
Sarah Al-Suhaimi |
0.80 |
2.75 |
2.75 |
Chairman |
A fixed amount and short-term incentive plans |
|
Al Othaim |
Marwan lbrahim |
2.32 |
-- |
2.65 |
CFO |
Salaries, remuneration, and incentive plans |
|
Build Station |
Musaed Al-Qafari |
-- |
-- |
2.61 |
CEO |
Meeting attendance allowance and technical services fees |
|
SAIB |
Abdulatif Ali Alseif |
-- |
-- |
2.46 |
Chairman |
A fixed amount and meeting attendance allowance |
|
SISCO |
Mahmoud Hussien |
2.15 |
2.27 |
2.41 |
CFO |
Salaries, allowances, remuneration, and in-kind benefits |
|
Aslak |
Nabil H. Al-Amir |
-- |
-- |
2.35 |
CEO |
Meeting attendance allowance, technical services fees, and remuneration. |
|
Maadaniyah |
Shaker Alotaibi |
2.36 |
2.24 |
2.30 |
CEO |
Salaries, allowances, and remuneration |
|
Tawuniya |
Abdulaziz Alnowaiser |
1.50 |
2.28 |
2.28 |
Chairman |
A fixed amount, meeting attendance allowance, and remuneration |
|
MESC |
Ali Al-Ghamdi |
0.34 |
1.50 |
2.26 |
Executive Member |
Meeting attendance allowance and executive member remuneration |
|
Cenomi Retail |
Ahmad Abdelkareem |
-- |
-- |
2.18 |
CFO |
Salaries, allowances, and remuneration. Appointed in May 2025 |
|
Cenomi Retai |
Mohamed Abbas |
-- |
-- |
2.17 |
COO |
Salaries, allowances, and remuneration. |
|
Al Othaim |
N/A |
3.33 |
-- |
2.17 |
VP, Business Development |
Salaries, remuneration, and incentive plans |
|
Jamjoom Pharma |
Muhammad Jamjoom |
2.00 |
2.10 |
2.11 |
Chairman |
A fixed amount, remuneration, and expense allowance |
|
Alwasail |
Saleh Abdullah Abdulaziz Almushekih |
3.50 |
-- |
2.07 |
Non-Executive Member |
A fixed amount, meeting attendance allowance, and a profit share |
|
SACO |
N/A |
0.64 |
1.59 |
1.50 |
Chief Commercial Officer |
Salaries, allowances, and remuneration |
|
Ash-Sharqiyah |
Fayez Bin Mahfouz |
-- |
1.46 |
1.46 |
CEO |
Salaries and allowances |
|
SACO |
N/A |
1.01 |
1.29 |
1.45 |
CFO |
Salaries, allowances, and remuneration |
|
Saudi Cable |
Abdulaziz Batarfi |
0.40 |
0.55 |
1.43 |
CFO |
Salaries, allowances, and remuneration |
|
Bank Aljazira |
Abdulmajeed Al-Sultan |
0.50 |
1.20 |
1.41 |
Chairman |
A fixed amount, meeting attendance allowance, and remuneration |
|
Thimar |
Waleed Al-Shuwaier |
0.85 |
1.72 |
1.34 |
Chairman |
A fixed amount, meeting attendance allowance, and remuneration |
|
Farm Superstores |
Mohammed Al Aswad |
1.29 |
1.28 |
1.33 |
Chief Shared Services Officer |
Salaries, allowances, and remuneration |
|
BATIC |
Mohammed Al-Zamil |
1.76 |
1.75 |
1.29 |
Executive Member |
Meeting attendance allowance, technical services fees, and remuneration / Resigned from the assignment in September 2025 |
|
Mobily |
Moataz Al-Ezzawi |
0.68 |
1.11 |
1.29 |
Chairman |
A fixed amount, meeting attendance allowance, and expense allowance |
|
ANB |
Obaid Alrasheed |
0.50 |
1.03 |
1.27 |
CEO |
Meeting attendance allowance, remuneration, and expense allowance |
|
Maaden |
Yasser Al-Rumayyan |
0.46 |
1.28 |
1.27 |
Chairman |
A fixed amount and meeting attendance allowance |
|
ACWA Power |
Omar Al-Madhi |
0.27 |
1.00 |
1.27 |
Non-Executive Member |
A fixed amount, meeting attendance allowance, and remuneration |
|
Burgerizzr |
Mohammed Al-Ruwaigh |
1.28 |
1.18 |
1.27 |
Chairman |
A fixed amount, meeting attendance allowance, in-kind benefits, and profit share |
|
MESC |
N/A |
0.24 |
0.57 |
1.25 |
CFO |
Salaries, allowances, and periodic remuneration |
|
SADAFCO |
Abdullah AlNassar |
1.43 |
1.59 |
1.24 |
Executive Member |
A fixed amount, technical services fees, and remuneration |
|
SASCO |
Hassan Almanasif |
-- |
0.72 |
1.22 |
SATTA Executive Manager |
Salaries, allowances, and remuneration |
|
Naseej |
Munther Al Sorayai |
1.25 |
1.32 |
1.20 |
CEO |
Salaries, allowances, in-kind benefits, and remuneration |
|
Saudi Energy |
Scott Matthew Prochazka |
0.80 |
0.98 |
1.19 |
Independent Member |
A fixed amount, meeting attendance allowance, in-kind benefits, and expense allowance |
|
JAZADCO |
Khaled Albawardi |
0.64 |
1.04 |
1.19 |
Executive Member |
A fixed amount, meeting attendance allowance, and remuneration |
|
Almarai |
Naif Bin Sultan Saud Al Kabeer |
0.88 |
1.18 |
1.18 |
Chairman |
A fixed amount, meeting attendance allowance, and remuneration |
|
Aslak |
Abdullah Al-Dosari |
1.17 |
1.13 |
1.16 |
Sales Department Manager |
Meeting attendance allowance, technical services fees, and remuneration |
|
ACWA Power |
Mohammed Abunayyan |
0.27 |
1.00 |
1.15 |
Chairman |
A fixed amount, meeting attendance allowance, and remuneration |
|
Alwasail |
Nasser Almushekih |
2.27 |
-- |
1.15 |
Non-Executive Member |
A fixed amount, meeting attendance allowance, and profit share |
|
Jamjoom Pharma |
Ahmed Yousuf Jamjoom |
0.24 |
1.18 |
1.14 |
Executive Member |
A fixed amount, in-kind benefits, technical services fees, remuneration, and expense allowance |
|
Leejam Sports |
Hamad Al Sagri |
0.31 |
0.64 |
1.13 |
Executive Member |
A fixed amount, meeting attendance allowance, and remuneration |
|
SAB |
Lubna Olayan |
0.49 |
1.10 |
1.10 |
Chairman |
A fixed amount |
|
SASCO |
Muhammed Khairy Ahmed |
1.05 |
1.06 |
1.08 |
CFO |
Salaries, allowances, and remuneration |
|
MESC |
N/A |
-- |
1.04 |
1.05 |
Deputy Operations Manager |
Salaries, allowances, and periodic remuneration |
|
Tawuniya |
Abdulaziz Al-Sudais |
0.52 |
1.06 |
1.04 |
Independent Member |
A fixed amount and meeting attendance allowance |
|
MESC |
N/A |
0.59 |
0.82 |
1.03 |
General Manager, Human Resources |
Salaries, allowances, and end-of-service remuneration |
|
Amana Insurance |
Hazem Zaid Awda |
0.68 |
1.04 |
1.02 |
CFO |
Salary and remuneration |
|
SABIC |
Mohammed Al Qahtani |
0.88 |
0.97 |
1.02 |
Non-Executive Member |
A fixed amount, meeting attendance allowance, and remuneration |
|
Saudi Energy |
Abdulaziz Al-Naeem |
-- |
1.09 |
1.01 |
Independent Member |
A fixed amount, meeting attendance allowance, in-kind benefits, technical services fees, and expense allowance |
|
Maadaniyah |
Abdullah Suleiman |
1.16 |
1.02 |
1.01 |
Assistant General Manager, Wire Factory |
Salaries, allowances, and remuneration |
|
Mouwasat |
Sultan Alsubaie |
0.46 |
0.76 |
1.01 |
Chairman |
A fixed amount and meeting attendance allowance |
|
Saudi Cable |
Hamed Khalil |
-- |
0.53 |
1.00 |
Chief Commercial Officer |
Salaries, allowances, and remuneration |
For the highest remuneration and salaries paid to their senior executives in 2025
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