{"id":132927,"date":"2020-11-30T11:49:51","date_gmt":"2020-11-30T11:49:51","guid":{"rendered":"https:\/\/www.mobileworldlive.com\/?p=303234"},"modified":"2020-11-30T11:49:51","modified_gmt":"2020-11-30T11:49:51","slug":"stc-boss-set-for-exit-in-2021","status":"publish","type":"post","link":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/2020\/11\/30\/stc-boss-set-for-exit-in-2021\/","title":{"rendered":"STC boss set for exit in 2021"},"content":{"rendered":"

<\/p>\n

\tSaudi Telecom Company (STC) announced its CEO Nasser Al Nasser has resigned from the position and will depart at the end of March 2021, with a process to find his successor underway.<\/p>\n

In a statement, STC said Al Nasser was leaving due to personal circumstances, and his resignation would take effect as of 28 March 2021.<\/p>\n

He will leave the role after just under three years, after being appointed in June 2018 to replace Khaled Biyari, who left for a government role as Assistant Minister of Defence for Executive Affairs.<\/p>\n

Under Al Nasser\u2019s leadership, STC has embarked on a strategy shift, attempting to expand its presence outside Saudi Arabia and into new segments. It has been in talks to acquire a majority stake [1] in Vodafone Egypt, with negotiations ongoing and raised $200 million by selling a stake in its mobile payment platform to Western Union. [2]<\/p>\n

STC added its board of directors had delegated the nomination and remuneration committee to start searching for a CEO successor, with any new development announced in due course.<\/p>\n

[1] https:\/\/www.mobileworldlive.com\/featured-content\/top-three\/vodafone-egypt-saga-rolls-on-as-deal-expires
\n[2] https:\/\/www.mobileworldlive.com\/featured-content\/money-home-banner\/stc-pay-bags-200m-western-union-investment<\/p>\n\n

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Saudi Telecom Company (STC) announced its CEO Nasser Al Nasser has resigned from the position …<\/p>\n

The post STC boss set for exit in 2021<\/a> appeared first on Mobile World Live<\/a>.<\/p>\n<\/div>","protected":false},"author":247,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"slim_seo":{"title":"STC boss set for exit in 2021 - ITTeacherITFreelance.hk","description":"Saudi Telecom Company (STC) announced its CEO Nasser Al Nasser has resigned from the position ... The post STC boss set for exit in 2021 appeared first on Mobil"},"footnotes":""},"categories":[11,8],"tags":[],"_links":{"self":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/132927"}],"collection":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/users\/247"}],"replies":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/comments?post=132927"}],"version-history":[{"count":1,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/132927\/revisions"}],"predecessor-version":[{"id":132928,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/132927\/revisions\/132928"}],"wp:attachment":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/media?parent=132927"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/categories?post=132927"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/tags?post=132927"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}