RIYADH: Almarai Company has announces that Chief Executive Officer (CEO) of the Company, Alois Hofbauer, has resigned from his post on 06/07/2019 due to personal reasons, and that the Board of Directors has decided to appoint Georges P. Schorderet as new Chief Executive Officer (CEO) of the Company effective 07/07/2019.
Georges P. Schorderet has a longstanding experience serving the company lasted for 15 years. He currently serves as Advisor to the Board Directors, and he served as Chief Executive Officer of the Company from 01/02/2015 to 01/04/2019 where he requested to retire from office.
He also served as Chief Operating Officer of the company, and prior to that he was the company’s Chief Financial Officer. Georges holds an MBA from the International Institute for Management Development, Lausanne (Switzerland) and an International Senior Management Program from Harvard Business School, Boston (the United States of America) alongside being a certified accountant.