RIYADH: Leejam Sports Company has announced the appointment of the Chairman and Vice Chairman of the Board and the Managing Director as well as the reformation of one of the Board committees.
[the_ad id=”31605″]The Board of Directors of Leejam Sports Company (Fitness Time) are elected for the current term, which commenced on 10/12/2018 to 09/12/2021, at the meeting on Sunday 12/05/2019, where the following resolutions were approved:
- The appointment of Mr. Ali Hamad Alsagri as (non-executive) Chairman of the Board of Directors.
- The appointment of Mr. Hamad Ali Al-Sagri as (non-executive) Vice Chairman and Managing Director.
- The reformation of the Nominations and Remunerations Committee for the current term from 10/12/2018 until 09/12/2021 and the members are as follows:
- A) Mr. Hisham Husain AlKhaldi, (Independent) Chairman of the Committee.
- B) Mr. Ali Hamad Al-Sagri, (non-executive) member of the Committee.
- C) Ms. Hessah Hamad Al-Sagri, (non-executive) member of the Committee.
The Board will strive to achieve results in the best interests of the company, by carrying out their duties with diligence, due care, attention and loyalty towards the management of the company. This will allow the Board to safeguard the company’s interests and development, and maximize its value by adopting strategic initiatives that ensure the company maintains its position as a leader in the sports and fitness sector, whilst continuing to adhere to all relevant rules and regulations.