Al Yamamah Steel Industries Company announced the acceptance of the Board of Directors the resignation of the CEO, Mr. Yousef Saeed Bazaid due to reaching the legal age of retirement, and it has been agreed with him to return to work after the cut off period within a month from the effective date of the resignation. The Board of Directors also decided to assign Mr. Sahal Mekdar Al Thobiti to serve as CEO during Mr. Youssef's cut off period from work.