Saudi Arabian Military Industries (SAMI), a wholly owned subsidiary of Saudi Arabia’s Public Investment Fund (PIF), has appointed Eng. Thamer Al-Muhid as its new Chief Executive Officer, effective February 1, 2025. The decision was made by SAMI’s Board of Directors, chaired by Prince Khalid bin Salman bin Abdulaziz.
With over 30 years of leadership experience, Al-Muhid brings extensive expertise in corporate transformation, operational excellence, and strategic expansion. His background includes leadership roles in multinational corporations, where he successfully drove key initiatives in mergers and acquisitions, research and development, and international partnerships.
Prior to joining SAMI, Al-Muhid served as Group CEO and Managing Director at Saudi Chemical Company Holding. He has also held senior positions at SABIC, Almarai, and the Ministry of Commerce and Industry. His proven track record in business strategy and industrial development positions him well to lead SAMI’s next phase of growth.
As CEO, Al-Muhid will oversee the organization’s efforts to strengthen Saudi Arabia’s defense capabilities, accelerate technological advancements, and support the goals of Vision 2030. Under his leadership, the company will continue its commitment to localizing 50% of the Kingdom’s defense spending and fostering national talent development.
The appointment follows the restructuring of SAMI’s Board of Directors in February 2024, reaffirming the company’s strategic direction as a key enabler of Saudi Arabia’s defense sector.