Almarai promotes company veteran to CEO

Saudi Arabian food-and-beverage group Almarai has appointed Fawaz bin Mohammed Al‑Jasser as its next CEO. Al‑Jasser will replace Abdullah bin Nasser Albader, who has stepped down from the role due to “personal reasons”. The appointment is effective 16 January, the company said in a statement yesterday (3 December). Al‑Jasser has spent close to two decades at Almarai, holding a range of senior roles across the business. His responsibilities have included leadership of the company's bakery, seafood and hu ...