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CEVA Appoints Connie Tang as its New Managing Director South China and Hong Kong

2010-06-29 15:50 2085

HONG KONG, June 29 /PRNewswire-Asia/ -- CEVA Logistics, a leading global supply chain management company, has announced the appointment of Connie Tang as Managing Director South China and Hong Kong. Based in Hong Kong, she will report to Ditlev Ingemann Blicher, Executive Vice President for CEVA in North Asia.

(Photo: http://www.prnasia.com/sa/2010/06/28/2010062815550.html )

Ms. Tang will assume responsibility for managing and directing CEVA's Contract Logistics and Freight Management businesses in Southern China, including Hong Kong. Ms. Tang will drive Operational Excellence for customers, penetrate new markets and identify opportunities for business growth in the region. She will also reinforce a unified organization structure and collaborative working environment for employees.

Ms. Tang joins CEVA from DHL Express, where she held a number of successive senior management positions including Marketing Director, Sales Director and General Manager. Most recently, she was Managing Director for Hong Kong & Taiwan and Senior Vice President for the Greater China area. Prior to joining DHL Express, Ms. Tang held a string of high profile positions with Swire Group and Commercial Software Services.

Ditlev Ingemann Blicher, Executive Vice President for CEVA in North Asia, said: "We are delighted to have Connie as part of our senior management team. Connie brings with her new perspectives and best practice in supply chain management to CEVA and we are confident she can play a key role as we further develop our integrated offerings for our customers in this dynamic Asian market."

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 euro 5.5 billion. For more information, please visit http://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 process of combining EGL and CEVA, 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:

Felix Lo

Marketing, CEVA

Tel: +852-2942-0236

Email: Felix.lo@cevalogistics.com

Source: CEVA Logistics
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