SHANGHAI, Dec. 12, 2011 /PRNewswire-Asia/ -- CEVA Logistics, a leading global supply chain management company, today announced the appointment of Martin Thaysen as the new Managing Director for China effective 1 February 2012. Martin will be responsible for driving the strategy, operations and growth of CEVA's business in China.
Martin is currently the Chief Commercial Officer of Damco, heading the global commercial activities of the group, including sales, key account management, marketing and supply chain development. Prior to this, Martin was the Head of Group Strategy for A.P. Moller - Maersk, responsible for the development and implementation of strategy for A.P. Moller - Maersk.
Martin takes over the leadership for CEVA's business and operations in China from Ditlev Blicher who is moving to a global role within CEVA as EVP, Global Operations, based in Amsterdam, the Netherlands.
"I am very pleased to welcome Martin onboard and believe he will bring strong leadership to the development of our business and team in China. This is a critical juncture for CEVA to ensure we have a smooth and successful leadership transition. China is a global strategic priority for CEVA and our continued growth in this dynamic market will place us well for CEVA's future success. I want to thank Ditlev for his significant contribution and achievements in China under his solid leadership," said Didier Chenneveau, President, Asia Pacific, CEVA.
Martin will move from Copenhagen to be based in Shanghai. Martin is a Danish national and married with two children. He holds an Executive MBA from IMD, Lausanne, Switzerland. Martin currently sits on the Advisory Board of Cranfield University.
CEVA - Making business flow
CEVA Logistics, one of the world's leading non-asset based supply chain management companies, designs and implements industry leading solutions for large and medium-size national and multinational companies. Approximately 50,000 employees are dedicated to delivering effective and robust supply chain solutions across a variety of sectors and CEVA applies its operational expertise to provide best-in-class services across its integrated network, with a presence in over 170 countries. For the year ending 31 December 2010, the Group reported revenues of euro6.8 billion. For more information, please visit www.cevalogistics.com.
SAFE HARBOR STATEMENT:
This news release may contain forward-looking statements. These statements include, but are not limited to, discussions regarding industry outlook, the Company's expectations regarding the performance of its business, its liquidity and capital resources, its guidance for 2011 and the other non-historical statements. These statements can be identified by the use of words such as "believes" "anticipates," "expects," "intends," "plans," "continues," "estimates," "predicts," "projects," "forecasts," and similar expressions. All forward-looking statements are based on management's current expectations and beliefs only as of the date of this press release and, in addition to the assumptions specifically mentioned in the above paragraphs, there are a number of factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements, including the effect of local and national economic, credit and capital market conditions, a downturn in the industries in which we operate (including the automotive industry and the airfreight business), risks associated with the Company's global operations, fluctuations and increases in fuel prices, the Company's substantial indebtedness, restrictions contained in its debt agreements and risks that it will be unable to compete effectively. 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, which investors are strongly encouraged to review. 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:
Anita Wei
Marketing and Communications Manager, Greater China
Tel: +86-21-2310-7688
Email: anita.wei@cevalogistics.com
Felix Lo
Marketing Manager, Business Development, South China
Tel: +852-2942-0236
Email: felix.lo@cevalogistics.com
Follow CEVA on Twitter @cevalogistics
