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SASCO CEO exits; ex-ENGIE chief takes over Aug. 1
SASCO CEO Riyadh Almalik resigns for personal reasons, effective July 31. Mohammed Al-Hajjaj, former ENGIE chief, takes over Aug. 1.
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Saudi Automotive Services Co. (SASCO) said its board accepted CEO Riyadh Almalik's resignation on Tuesday, effective July 31, citing personal reasons. Almalik will stay on the board and its committees.
The board appointed Mohammed Al-Hajjaj as his replacement, starting Aug. 1. Al-Hajjaj holds a bachelor's in applied electrical engineering from King Fahd University of Petroleum and Minerals and a master's in engineering management from the University of Dayton in the US. He previously ran ENGIE as CEO and has a background in management and investment.