MEPCO reappoints Musaab Almuhaidib as Chairman, names Walid Shukri Deputy

Logo of Middle East Paper Co. (MEPCO)

Middle East Paper Co. (MEPCO) said its board agreed at a Nov. 15 meeting to reappoint non-executive member Musaab Almuhaidib as Chairman and to appoint non-executive member Walid Shukri as Vice Chairman, according to a statement to Tadawul.

The board also approved the formation of a nomination and remuneration committee comprising four members, it said.

In addition, the board endorsed the formation of a strategic and executive committee with four members, and a risk and sustainability committee with three members.

The company said the board appointed a secretary and designated its representatives to the Capital Market Authority (CMA) and Tadawul for all matters related to implementing the Capital Market Law and its executive regulations.

In a separate statement to Tadawul, MEPCO said the board decided to form the audit committee, comprising three members, for the new four-year board term, which began on Nov. 14, 2025, and will run until Nov. 13, 2029.