Saudi Electricity Company Announces Resignation and Assignment of a CEO

Element List	Explanation
Announcement Detail	Saudi Electricity Company announces the Board of Directors’ acceptance of the resignation of the Company’s CEO, Eng. Khalid bin Hamad Al-Gnoon, effective on 25 September 2024 and the assignment of Eng. Khalid bin Salim Al-Ghamdi as an acting CEO effective on 25 September 2024. Eng. Al-Ghamdi currently holds the position of Executive Vice President, Technical Services & Acting Vice President Risk Management & Compliance at Saudi Electricity Company, with 20 years of diverse and cross-functional experience, where in his previous role he led the Corporate Digital Strategy, Investments and Growth at Saudi Aramco. Also he held several leadership positions in the company including; Project Manager for Saudi Aramco 4th Industrial Revolution Center, Head of Advanced Process Solutions and Head of Process Automation Systems at Saudi Aramco Corporate Engineering. Eng. Al-Ghamdi holds a bachelor degree in Systems Engineering from KFUPM, Saudi Arabia as well as a master’s degree of Information Systems (MIS) from University of Phoenix, USA. He attended several leadership development programs from well renowned institutions such as Harvard Business School.

Element List

Explanation

Announcement Detail

Saudi Electricity Company announces the Board of Directors’ acceptance of the resignation of the Company’s CEO, Eng. Khalid bin Hamad Al-Gnoon, effective on 25 September 2024 and the assignment of Eng. Khalid bin Salim Al-Ghamdi as an acting CEO effective on 25 September 2024.

Eng. Al-Ghamdi currently holds the position of Executive Vice President, Technical Services & Acting Vice President Risk Management & Compliance at Saudi Electricity Company, with 20 years of diverse and cross-functional experience, where in his previous role he led the Corporate Digital Strategy, Investments and Growth at Saudi Aramco. Also he held several leadership positions in the company including; Project Manager for Saudi Aramco 4th Industrial Revolution Center, Head of Advanced Process Solutions and Head of Process Automation Systems at Saudi Aramco Corporate Engineering.

Eng. Al-Ghamdi holds a bachelor degree in Systems Engineering from KFUPM, Saudi Arabia as well as a master’s degree of Information Systems (MIS) from University of Phoenix, USA. He attended several leadership development programs from well renowned institutions such as Harvard Business School.