TADCO appoints Nasser Alrahili as Chairman, Faisal Alghamdi Vice

Logo of Tabuk Agricultural Development Co. (TADCO)

Tabuk Agricultural Development Co.’s (TADCO) board of directors decided on Aug. 13 to appoint Nasser Alrahili as board Chairman and Faisal Alghamdi as Vice Chairman.

For more news on listed companies

In a statement to Tadawul, the company said the board formed the nominations and remunerations committee, chaired by Waleed Ali with members Faisal Alghamdi and Abdullah Al Harbi.

It also set up the strategy and investment committee, chaired by Alrahili with members Alghamdi, Waleed Ali, and Maryam Talmasani, and the executive committee, chaired by Alrahili with members Alghamdi, Al Harbi, and Yahya Mubarki.

The audit committee was also formed for the new term and will be announced separately in line with disclosure requirements.

The board’s resolution to form the above-mentioned committees, including the audit committee, shall be effective as of Aug. 12, 2025, for a term of three years, ending on Aug. 11, 2028.

The board appointed a secretary and designated company representatives before the Capital Market Authority (CMA) and the Saudi Exchange (Tadawul).

According to data available on Argaam, TADCO shareholders approved the board of directors’ recommendation to end its current term early, which was originally set to run until June 30, 2027. This decision was made during the ordinary general meeting (OGM) held on Aug. 12.

Shareholders also approved electing members of the board from among the nominees for the new term (Aug. 12, 2025, to Aug. 11, 2028).