Home / Business and Economy / Board Member Resigns, New Appointment Announced
Board Member Resigns, New Appointment Announced
9 Oct
Summary
- MUATH MOHAMMED SAAD BINHOWAIMEL resigns from board
- RIDHA AHMED ALI ALABD appointed as new board member
- Resignation effective on 2025-10-09, new appointment also on 2025-10-09
On 2025-10-10, ALMODAWAT, a major company, announced a significant change in its board of directors. MUATH MOHAMMED SAAD BINHOWAIMEL, a long-standing board member, has submitted his resignation, effective 2025-10-09. The resignation comes after BINHOWAIMEL's tenure on the board, which began on 2024-06-10.
To fill the vacancy, the company has appointed RIDHA AHMED ALI ALABD as the new board member. ALABD's membership will commence on 2025-10-09, the same date as BINHOWAIMEL's resignation. The company has provided a brief resume of the appointed member, though the specific reasons for BINHOWAIMEL's departure have not been disclosed.
These leadership changes are expected to take effect in the coming weeks, as the company navigates this transition in its board composition.
