Al-Lujain announces CEO resignation
Alujain Corporation announced the resignation of its CEO, Eng. Khaled bin Muhammad Al-Daud, due to reaching the legal retirement age. His resignation will take effect starting September 14, 2026. Muhammad bin Khaled Al-Mutairi has been appointed temporarily to this position during the transition period to ensure business continuity, based on his nine years of experience within the company. He currently serves as Vice President of Administrative Affairs. This step aims to maintain management stability, with a plan to re-contract with Al-Daud within 15 days of his official resignation, in line with the company's desire to benefit from his expertise while complying with retirement regulations.
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