Obeikan Glass Company announced the resignation of Fayez Jameel Abdulrazzaq from his position as the firm's CEO due to personal reasons. The board members accepted Abdulrazzaq's resignation on 31 May, yet it will be effective on 30 June 2023. Meanwhile, Ibrahim Mohammad Alhammad will succeed Abdulrazzaq, startin from 1 July.

Alhammad has more than 25-year leadership experience in Saudi Basic Industries Corporation (SABIC), during which he served as the CEO of SABIC Morocco & West Africa from 2017 to 2022. The new official holds a master's degree from the Clarion University of Pennsylvania.