Saudi food company Almarai has named a new CEO.
The company announced in a stock exchange filing on Monday (Dec 9) the appointment of Majed Mazen Nofal as chief executive officer effective January 1, 2020.
He takes over from Georges P. Schorderet who stepped in as CEO after the departure in April of Alois Hofbauer. Schorderet will continue to serve as an advisor to the board of directors.
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