Savola Group's (2050.SE) Board of Directors (BoD) approved the appointment of Sulaiman Abel Kader Al Muhaidib as the company's Chairman during its last AGM held on 23 June 2016. Al Muhaidib has been holding the position of chairman since August 2010. In addition, new board committees were formed effective as of 1 July 2016 for a period of three years. (Mubasher) Savola: SAR36.65 as of 23 June 2016, Rating: Neutral, FV: SAR40.00 per share, MCap: USD5,219 million, SAVOLA AB / 2050.SE
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