Al-Hassan Ghazi Ibrahim Shaker Company announced that the board of directors has accepted (by circulation) the request of Eng. Azzam Saud Almudaiheem to not renew his contract as a CEO of the company, as of November 18, 2020, in order to focus on his new role as a non-executive member of the board of directors, which was previously announced on October 1, 2020. The board of directors also decided, based on the recommendation of the nomination & remuneration committee, to approve the appointment of Mr. Mohammad Ibrahim Abunayyan as Acting CEO, as of November 11, 2020. Mr. Mohammed Ibrahim Abunayyan previously served as Chief Strategy & Transformation Officer of Shaker Group since 2017, and is ideally-placed to take on the role of Acting CEO having introduced and led the company’s successful Breakthrough Transformation Program. Prior to his previous position, Mr. Abunayyan has held the roles of Director of Quality Management at LG factory, Director of Strategic Planning, and General Manager in both retail and wholesale markets, as well as Director of Project Management.