Two Unexpected Resignations at Sabanci Holding!

There were two unexpected resignations at Sabanci Holding. Two senior executives announced that they had decided to leave.

Sabanci Holding announced that the CFO Barış Oran and Tamer Saka, who was the Head of Sabanci Holding Building Materials Group, left their positions due to career choices. Barış Oran, who has been serving as the Head of Finance Group at Sabanci Holding since January 22, 2016, has decided to leave his position as of May 11, 2021 in order to continue his career abroad. At the same time as Sabanci Holding's announcement, American logistics company XPO Logistics announced that Oran was appointed as the CFO of the company's new subsidiary GXO Logistics. It was announced that Oran, who will take office as of May 2021, will lead the global financial operation of GXO Logistics with the completion of the planned division. Another change was in the Building Materials Group. Tamer Saka, who has been serving as Sabanci Holding Building Materials Group Chairman since April 2, 2018, announced that he will leave his post as of May 11, 2021 due to his career choice. Following statement were made by Sabanci Holding; “Thanks to Mr. Barış Oran and Tamer Saka for their important contribution and devoted work to our community up to now; We wish success and happiness in the next period of their lives. ”