Saudia Cargo announces Loay Mashabi as new CEO

Saudia Cargo has appointed Loay Mashabi as its new chief executive officer and managing director, effective January 1, 2025.

Saudia Cargo announces Loay Mashabi as new CEO. Image: Saudia Cargo

Mashabi succeeds Teddy Zebitz as CEO, who has led Saudia Cargo to record success, driving innovation and solidifying its leading position, Zebitz will continue to serve as a member of the Board of Directors.

“During Teddy's tenure, we have achieved remarkable milestones and navigated through numerous challenges, all while maintaining our commitment to performance and service excellence,” said Abdulkareem Abualnasr, Saudia Cargo Board Chairman. “Teddy's vision and leadership have been instrumental in building the capabilities of our company and in executing our strategies, and we are deeply grateful for all his valuable contributions.”

Under his leadership, Saudia Cargo will focus on accelerating its growth, expanding its international network, and advancing Saudi Vision 2030’s logistics sector goals, enabling the Kingdom's transformation by securing essential goods and providing customer-centric solutions that help businesses thrive and industries grow.

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