Fawaz Abdul Aziz Al Hokair (4240.SE) has appointed current Chief Executive Officer (CEO) Simon Marshal as CEO for its Spanish womenswear brand Blanco, replacing Stephen Craig who was appointed in mid-2015, according to Modaes as quoted by Argaam. Craig departed, along with three other members of the senior management team, as part of Al Hokair’s efforts to turn around the loss-making operation. (Modaes, Argaam) Fawaz Al Hokair: SAR46.61 as of 29 May 2016, Rating: Neutral, FV: SAR42.00 per share, MCap: USD2,610 million, ALHOKAIR AB / 4240.SE
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