Maaden named Darren Davis (currently senior VP Finance and CFO) as acting CEO of the company starting 1 July. The company mentioned that Khalid bin Salem Al Rowais (currently appointed as temporary CEO) will be unable to continue in the executive role due to health reasons.
Maaden: SAR57.60 as of 24 Jun. 2018, Rating: Sell, TP: SAR42.00/share, MCap: USD17,940mn, MAADEN AB/1211.SE
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