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Rabigh Refining and Petrochemical Company announced the resignation of Osman Al-Ghamdi from his position as CEO, effective August 31, due to personal reasons, while he will remain as a member of the Board of Directors. Hassan Al-Yami has been appointed as his successor starting September 1; he previously served as Vice President at Aramco. The company is currently focusing on executing strategic projects to increase production capacity and produce higher-value products, with the aim of boosting operational profits in the future and achieving record financial results in the second quarter of 2026, driven by market improvement, increased production, and higher product prices.
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