The board of Directors of Almarai Company, in its meeting dated January 31, 2015, has decided to nominate Mr. Georges Schorderet as the new Chief Executive Officer (CEO) of the company. Mr. Georges Schorderet joined Almarai in 2004 as Chief Financial Officer (CFO), since 2011 he became the Chief Operating Officer (COO) of the company. The effective date is February 01, 2015.