The Saudi Corporate sector is known to reward well to its CEOs. In this article, we have listed the top 7 highest-paid CEOs of Saudi Arabia in the year 2022. Check if your company CEO is there.
Ibrahim AlHudaiti – SASCO
Saudi Automotive Services Co (SASCO) tops the list of highest-paid CEOs in Saudi Arabia as they paid an annual package of SR 12.44 million to their chairman of the executive committee Ibrahim bin Mohammed AlHudaiti in 2022. In other words, he is the highest paid executive in Saudi Arabia right now.
- 2021: SR 240,000.
Sultan AlHudaiti – SASCO
The second highest paid executive of Saudi Arabia is also employed by SASCO that paid SR 11.53 million to the vice-chairman of the executive committee Sultan bin Mohammed AlHudaiti in 2022.
- 2021: SR 2.76 million.
Mohamed Al-Khereiji – Al Arabiya
Mohamed Al-Khereiji, the CEO at Al Arabiya is at number 3 among the highest-paid CEOs in Saudi Arabia with an annual package of SR 8.96 million in 2022.
- 2021: SR 2.12 million.
Muwaffaq Bin Mansour – Al Othaim
Muwaffaq Bin Mansour, the CEO of Al Othaim is number 4 among the highest-paid CEOs in Saudi Arabia with an annual package of SAR 7.73 million in 2022.
Majed Al-Nefaie – Seera
Majed bin Ayed Al-Nefaie, the CEO of Seera Group Holding ranked in the 5th position on the list with SR 6.63 million in annual salaries in 2022.
- 2021: SR 2.42 million.
Riyadh Almalik – SASCO
Riyadh Almalik is the CEO of SASCO which came at the 6th position among the highest-paid executives in Saudi Arabia for the year 2022 with an annual package of SR 6.47 million.
- 2021: SR 3.46 million.
Al Rowaita – SRGM
Abdul Rahman Ibrahim Al Rowaita, the chairman of Saudi Research and Marketing Group ranked in the 7th position on the list with SR 6.32 million in annual salaries in 2022.
- 2021: SR 6.32 million.
- 2020: SR 6.24 million
Source: Argaam
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