Saudi Company for Hardware, also known as SACO, has appointed Abdel Salam Badir as the new CEO to be effective in early January 2023, according to a bourse filing. This comes as the Riyadh-based home solution provider’s board of directors accepted the resignation of current CEO Haitham Al-Hamidi on Oct. 13, 2022. Despite this, Al-Hamidi will continue to be part of the firm’s board of directors as well as a non-executive member as of January 2023, according to SACO. Moreover, up until Badir takes over in early January, Al-Hamidi will continue with his duties to ensure a smooth transition to the new CEO. With a bachelor’s and master’s degree in business administration, Badir has 28 years of experience in the consumer goods sector in the Gulf Cooperation Council and the Middle East, according to SACO. He was CEO of several listed companies and has been involved in the management of corporate business transformations.