Majed Mazen Nofal

Majed Mazen Nofal was appointed Chief Executive Officer of Modern Mills for Food Products Company effective July 1, 2026, following a board decision on June 20, 2026. Nofal brings more than 25 years of experience in food production, fast-moving consumer goods (FMCG), and industrial manufacturing across Saudi Arabia and the Middle East, having held positions at several leading companies. He holds a bachelor's degree in accounting from the College of Business Administration (CBA) at King Saud University, and has completed the executive and strategic leadership development program at IMD and the international finance program at INSEAD.

Nofal's professional record is defined by a focus on business transformation and operational performance enhancement, with expertise in the establishment of new ventures, the integration of mergers and acquisitions, and large-scale optimization of procurement and supply chain operations. He has a history of leading corporate productivity programs and strategic initiatives, including digital transformation projects powered by SAP systems.

Career history

• Chief Executive Officer, Takween Advanced Industries (January 2023–June 2026)
• Chief Executive Officer, Daily Food Co. (Maestro Pizza) (Late 2021–2023)
• Chief Executive Officer, Pure Beverages Industry Co. (Late 2020–2021)
• Chief Executive Officer, Almarai (January 1, 2020–November 17, 2020)
• Chief Financial Officer, Almarai (April 2019–December 31, 2019)
• Head of Central Procurement and General Manager – New Businesses, Almarai (2010–2019)
• Chief Executive Officer, Western Bakeries Co. (L'usine) as subsidiary of Almarai (approximately 4 years)
• Chief Financial Officer, Western Bakeries Co. (L'usine) in Jeddah (7 years)
• Audit and Assurance Services, Ernst & Young, Riyadh (1992–2001, 9 years)

What Majed Nofal could bring to Modern Mills: With a 25+ year track record in food production and industrial manufacturing spanning multiple Saudi Arabia-based enterprises, Nofal is well-positioned to drive operational transformation at Modern Mills. His documented expertise in procurement optimization, SAP-enabled digital transformation, and business turnarounds suggests he could accelerate efficiency gains in Modern Mills' flour and animal feed manufacturing operations. His experience scaling enterprise productivity programs and managing M&A integration points to potential growth and margin expansion opportunities for the company.