Herfy Food Services Company (Herfy Foods) has received a letter from a shareholder who owns more than 5% of the company's share capital; It demands the holding of a general meeting of shareholders to vote on the dismissal of the chairman of the board of directors and another member of the board of directors.
According to Arabiya Net, the company said in a statement, that accordingly it will take the necessary legal measures regarding the request.
Herfy Food Services Company had announced the Board of Directors' decision, based on the recommendation of the Nomination and Remuneration Committee, to terminate the assignment of Khaled Ahmed Al-Saeed from his position as CEO of the company and assign Sam Mohamed Badr CEO.
Herfy Food Services Company announced the resignation of its non-executive board member, Ahmed bin Hamad Al-Saeed, who submitted his resignation from his position as a non-executive board member, on June 17 2021, for special reasons, noting that Ahmed bin Hamad Al-Saeed’s membership in the current board session began in early May 2021, and the board of directors approved the resignation and it was effective as of June 21, 2021.
Herfy Food Services Company also announced the resignation of Issam Majid Al Muhaidib, a non-executive member, from the presidency and membership of the Audit Committee as of June 21, 2021, and the appointment of Eng. Hussein Ali Al-Asmari, an independent member of the Board of Directors, is a member of the Audit Committee from its date until the end of the current Board session on April 30, 2024.
