HOOFDDORP, The Netherlands, Dec. 6, 2010 /PRNewswire-Asia/ -- CEVA Logistics, a leading global supply chain management company, has today announced the appointment of Didier Chenneveau to lead its growing business in Asia Pacific.
Chenneveau is currently EVP and Chief Supply Chain Officer for LG Electronics, with worldwide responsibility for Global Supply Chain Management for the Company's US$50 billion operations. Prior to joining LG in 2008, Didier was VP of Americas Operations for HP's Imaging and Printing Business. He was based in San Diego, USA. He also worked in Europe running HP's Consumer PC Business and in various managerial Financial and Operations roles. Prior to joining HP, Didier worked for Caterpillar.
Chenneveau will be taking over the Asia Pacific region from Vittorio Favati, who after nine years within the region heading up activities for CEVA and its heritage businesses, will be moving to the global role of Chief Business Development Officer, based from the Company's headquarters in Amsterdam, the Netherlands.
"I am pleased to welcome Didier on board and believe he will bring strong leadership to our growing Asia Pacific region. With Vittorio transitioning to lead our business and sales areas, it makes us well placed to maximize on the opportunities we are seeing in the market and positions us well for continued growth in 2011," said John Pattullo, CEO, CEVA.
In related moves, CEVA has also announced Vittorio Favati will be moving from the Asia Pacific region to Amsterdam to take up the role of Chief Business Development Officer, and remains as a member of the Executive Board. Coen van der Maarel, who currently holds the position of Chief Business Development Officer, will be moving to a newly formed role as Managing Director for Central and Eastern Europe, reporting to Leigh Pomlett, President of Northern Europe. All changes will be effective from the beginning of 2011.
CEVA - Making business flow
CEVA Logistics provides world class supply chain solutions for large and medium-size national and multinational companies across the globe. As an industry leader, CEVA offers customers complete supply chain design and implementation in contract logistics and freight management, alone or in combination. CEVA's integrated global network has facilities in over 170 countries and more than 46,000 employees; all dedicated to delivering consistently excellent operations and supply chain solutions. For the year ending 31 December 2009, the Group reported revenues of €5.5 billion. For more information, please visit www.cevalogistics.com
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT of 1995:
The statements included in this news release, and other statements that are not historical facts, may contain forward-looking statements. In addition to the assumptions specifically mentioned in the above paragraphs, there are a number of other factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements. These factors include, but are not limited to, the actual effects of recent and future regulatory changes and technological developments, globalization, levels of spending in major economies, the economic downturn in Asia, Europe and the US, including the economic downturn in the automotive sector, levels of marketing and promotional expenditure, actions of competitors and joint venture partners, employee costs, future exchange and interest rates, changes in tax rates, unexpected costs of future business combinations or dispositions and other factors detailed in risk factors and elsewhere in CEVA most recent Annual Reports. Further information concerning the Company and its business, including factors that potentially could materially affect the Company's financial results, is contained in the Company's annual and quarterly reports, available on the Company's website. Should one or more of these risks or uncertainties materialize or the consequences of such a development worsen, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those forecasted or expected. CEVA disclaims any intention or obligation to update publicly or revise such statements, whether as a result of new information, future events or otherwise.
For more information contact:
CEVA Group Marketing & Communications
Krissy Attridge
Tel: +44-7769-235-084
Email: krissy.attridge@cevalogistics.com
