Altharwah Albashariyyah Co. (Tharwah) Announces the Resignation and Appointment of the Chief Executive Officer
| Element List | Explanation |
|---|---|
| Introduction | Altharwah Albashariyyah Co. (Tharwah) announces that its Board of Directors, by resolution dated 03/07/1447H (corresponding to 23/12/2025G), approved the acceptance of the resignation of Mr. Abdullah bin Mardi Al-Zahrani from the position of Chief Executive Officer, effective 01/01/2026G, at his request to focus on his supervisory and strategic role and business development in his capacity as Managing Director, while assigning day-to-day executive management to the new Chief Executive Officer. He will continue to serve on the Board as Managing Director.
The Board of Directors expressed its sincere thanks and appreciation to Mr. Abdullah bin Mardi Al-Zahrani for his efforts and valuable contributions during his tenure as the Company’s Chief Executive Officer, wishing him continued success in his current role as Managing Director. The Board of Directors also resolved to appoint Dr. Saleh bin Khalaf Al-Harthi as the Company’s Chief Executive Officer, effective 01/01/2026G, wishing him success in his duties during the coming period as Chief Executive Officer. |
| Element List | Explanation |
|---|---|
| Name of the Resigned Person | Abdullah bin Mardi Al-Zahrani |
| Resignation Acceptance Date | 2025-12-23 Corresponding to 1447-07-03 |
| Resignation Effective Date | 2026-01-01 Corresponding to 1447-07-12 |
| Reasons for Resignation | At his request to focus on his supervisory and strategic role and business development in his capacity as Managing Director. |
| Element List | Explanation |
|---|---|
| Appointment Type | Appointment |
| Name of the Appointed Person | Saleh bin Khalaf Al-Harthi |
| Date of Board Resolution | 2025-12-23 Corresponding to 1447-07-03 |
| Date Work Commencement | 2026-01-01 Corresponding to 1447-07-12 |
| Brief Resume | Dr. Saleh bin Khalaf Al-Harthi has more than 25 years of professional experience in executive leadership and strategic work within listed joint stock companies and global organizations. He held several senior positions at GO (Etihad Atheeb Telecommunications), including Chief Executive Officer of the Business Support Sector and Chief Executive Officer of the Strategy Sector. He also led management consulting as Chief Executive Officer of Aon Hewitt Saudi Arabia, and assumed multiple leadership roles at Saudi Telecom Company (STC) in the areas of planning, performance management, and leadership development. Dr. Al-Harthi holds a PhD in Electrical Engineering from the University of California, San Diego, USA. Until 31 December 2025G, he has served as Chairman of the Board of Directors of Altharwah Albashariyyah Co. (Tharwah) since 2023G, and pursuant to the Board resolution, he will assume the duties of the Company’s Chief Executive Officer effective 01/01/2026G, reflecting an integrated mix of executive experience, governance, and strategic leadership to support the Company’s next phase. |
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