Horizon Food Company announced Mohammed bin Abdulaziz bin Abdullah Al Shetwey as its CEO on 4 June. Al Shetwey holds a number of degrees, including an MBA from MIT University, a master's degree in Financial Engineering from New York University, and a bachelor's degree in Administrative Sciences from King Saud University. The new official assumed several roles, such as the CFO of the PIF Fund Company as well as the Director of Investment and Cash Management of Saudi Electricity Company (SEC).

His latest position was the CEO of Saudi Advanced Industries Company. In addition, the recently-listed company terminated the appointment of Ahmed bin Mohammed Hussein Al Arafj as a board member.