The company said in a statement to the Saudi Stock Exchange, that Al-Ohali is the vice chairman and managing director of the company in addition to his position as CEO.
The company explained that Abdullah Saif Al-Saadoun was assigned the position of Group CEO instead of Al-Awhali.
Sipchem indicated that Saudan graduated from King Fahd University of Petroleum and Mineral Resources in the year 1980, and holds a Bachelor of Science degree in Chemical Engineering.
Al-Saadoun worked after graduating with the Saline Water Conversion Corporation and then moved to Basic Industries Corporation, SABIC, where he held a number of leadership positions.
Al-Saadoun joined Sipchem in the year 2001, to contribute to many of the vital projects that the company implemented during its founding period.
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A percentage of Saudis’ wages on a target
