Saudi Steel Pipe Co. Announces the appointment of the Board Chairman, Vice Chairman, Managing Director, CEO and Secretary to the Board.
| Element List | Explanation |
|---|---|
| Announcement Detail | Saudi Steel Pipes Company announces the meeting of its new Board of Directors which was held on Tuesday 7/6/2022 and which approved the following resolutions: |
First: Appoint Mr. Mohammed AbdulAziz AbdulRahman Al Shayea as Chairman of the Board (Non-Executive)
Second: Appoint Mr. Carlos A. Ferreyra as Vice Chairman of the Board (Non-Executive)
Third: Appoint Mr. Mariano Armengol Lamazares as Managing Director effective from 7/6/2022G and until 6/6/2025G and CEO from 7/6/2022G, noting that his previous term as the Managing Director and CEO has ended on 6/6/2022G pursuant to the Company’s previous board resolution dated 10/6/2019G.
Fourth: Appoint Mr. Carlos A. Ferreyra as secretary of the Board.
It should be noted that Mr. Mariano Armengol Lamazares CV is attached.
It worth to be noted that the formation of the Audit Committee and the determination of its tasks, work rules and the rewards of its members were approved during the Ordinary General Assembly meeting held on 24/05/2022, which starts from 07/06/2022 and for a period of three years ending on 06/06/2025.
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