Phoenix Power Company SAOG announced that it has resolved the following at the meeting of the Board of Directors held on 22 February 2022: Approval of the retirement of Mr. Paul Atkinson from his position as CEO of the company with effect from April 1, 2022 and the appointment of Mr. Mohammed Said Al Shuaili as CEO of the company with effect from April 1, 2022. Mohammed has 15 years of experience in the field of electricity and water production.