Al Yamamah Steel appoints Sahal Al Thobiti CEO as Youssef Bazaid steps down
17/11/2022
Argaam
Logo of Al Yamamah Steel Industries Co.
Al Yamamah Steel Industries Co. announced today, Nov. 17, that the board of directors accepted the resignation of CEO Youssef Bazaid, effective as of March 1, 2023.
The resignation was submitted due to personal circumstances, the steel producer added in a statement to Tadawul.
The board also approved appointing Sahal Al Thobiti as the new CEO.
January and February 2023 are designated for handing over duties and works between the two, it added.
Al Thobiti holds a Bachelor’s degree in mechanical engineering as well as accounting, along with a Master's in business administration from King Abdulaziz University. With 20 years of experience in the industrial sector, he ran Al Yamamah Steel’s COO post.
Market Indices
TASI
10,542.23
(47.72)
(0.45 %)
Quotes
ALYAMAMAH STEEL
34.86
(0.08)
(0.23%)
About Us
Join Us
Argaam Tools is an advanced tool that provides investors, analysts, research houses, and corporate executives with easy access to a single source for in-depth data on macroeconomy, capital market, sectors, and companies insights.
Argaam.com Copyright © 2026, Argaam Investment, All Rights Reserved
Call Request
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}