MEPCO Reappoints Chairman Musaab Al Muhaidib and Names Walid Shukri Vice Chairman for 2025-2029 Term

Middle East Paper Company (MEPCO) has reappointed Musaab Sulaiman Al Muhaidib as Chairman and named Walid Ibrahim Shukri as Vice Chairman for a four-year term running from November 14, 2025, to November 13, 2029, following a board meeting held on November 15, 2025. The board also established several key committees, including a nomination and remuneration committee with four members, a strategic and executive committee of four members, a risk and sustainability committee comprising three members, and an audit committee with three members for the new term. MEPCO's positive financial performance in 9M 2025 saw a net profit of SAR 24.86 million compared to a net loss of SAR 32.82 million in the same period last year, reflecting significant operational improvement. These leadership and governance decisions underscore MEPCO's focus on strengthening corporate structure while sustaining growth momentum in the Middle East paper sector.