Gulf Business

MOHAMMAD ABU GHAZALEH

CHAIRMAN AND CEO, FRESH DEL MONTE ORIGIN PALESTINE-US RESIDENCE US SECTOR FOOD

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The chairman and CEO of US-listed Fresh Del Monte, Palestinia­nborn Abu Ghazaleh heads one of the leading distributo­rs of fresh-cut fruits and vegetables across the world. Abu Ghazaleh, who has been heading the company since 1996, recently sold 10,000 shares and now directly owns over 5.36 million shares of the company’s stock, valued at $338m. The veteran businessma­n also serves as the chairman of the Royal Jordanian Air Academy, the chairman of the board of Internatio­nal General Insurance and is on the boards of Bank Misr Liban and United Cable Company.

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88 NEW ENTRY

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