Eng. Fahad AlKhorayef, the Chief Executive Officer of Saudi Parts Center Company, has announced his resignation from the role with immediate effect.

Confirming the resignation, the company said, “...the Board of Directors has accepted the resignation submitted by Eng. Fahad M. AlKhorayef from his position as Chief Executive Officer of the company on 11 Shawwal 1446H, corresponding to April 9, 2025, with the resignation to take effect on 7 Dhul-Qi'dah 1446H, corresponding to May 5, 2025, due to personal reasons.”

It also added, “...the Board of Directors and all employees of the company express their sincere gratitude and appreciation to Eng. Fahad M. AlKhorayef for his significant efforts and tangible achievements that contributed to enhancing the company's position and achieving its objectives. They wish him continued success and prosperity in his future endeavors.”

The reason for the resignation, as mentioned, is ‘personal,’ and Eng. Fahad also did not disclose his next move. The company will be naming the outgoing CEO’s successor shortly.

Eng. Fahad joined the company 13 years ago as the General Manager and has officially held the position of CEO since 2021. He was named Managing Director and an executive board member in 2023. He holds over two decades of leadership experience across key sectors in Saudi Arabia, having served other subsidiaries of Alkhorayef Group, including Alkhorayef Printing Solutions as Managing Director and Alkhorayef Industries as Assistant General Manager. He also serves on the board of Alkhorayef Water & Power Technologies Co. and Abdullah Ibrahim Alkhorayef Sons, and previously served on the board of the Saudi Industrial Property Authority.

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On the academic front, Eng. Fahad holds an MBA from Aston Business School, a bachelor’s degree in industrial engineering from King Saud University, and has completed an executive education program at IMD. He also holds key licenses and certifications in leadership, operational excellence, and business strategy.