Almarai holds its annual administration meeting
Last week, Almarai Company held its annual administration meeting to present business outcomes of 2015, and to discuss the opportunities and challenges in the New Year. Some 200 of the Company top managers in various divisions and Middle East operations attended the meeting.
Georges Schorderet, Almarai CEO, delivered a full presentation on the status of the Company and its vision for its business in the Middle East. The presentation showed the ways to boost the Company’s performance efficiency and effectiveness of its daily operations, for its products to remain associated with the epitaph “A quality you can trust”. Mr. Schorderet also discussed the plans scheduled for the current year, the mechanisms and assignments required to make them a success. In the meeting, Faisal Al-Fahady, HR Manager, and Paul Louis Gay, Chief Financial Officer “CFO” addressed the meeting.
This year, the Company hosted a guest speaker who talked about the historic heritage of Arabian Peninsula through surveillance on the ground. Almarai also hosted a Belgian expert in incentivizing mechanism and ability demonstration who presented some of his expertise to the attending managers.
It is worth mentioning that Almarai closed the year 2015 with record profits amounting to SAR 1.915 Billion, at 14% increase compared to previous year.