SHANGHAI, March 5, 2013 /PRNewswire/ -- CEVA Logistics, one of the world's leading supply chain companies, has appointed Jacob Moe as the new Managing Director for South China.
Jacob joins CEVA from Damco, where he was combined Chief Commercial and Chief Operations Officer for Damco Africa and the Middle East. In his 14 years career with Damco and A.P.Moller Maersk, he has held positions within Key Account Management, Country Management, Operations and Sales, focusing on logistics. He has previously spent four years working in Hong Kong and Shanghai and has also held positions in New Zealand, Indonesia, the Netherlands and South Africa.
Jacob will take over from Connie Tang, who will take on a new role as Vice President of Strategic Development in China.
"I am delighted to join CEVA and I look forward to leading our experienced South China team. We will continue to focus on delivering value to our customers' supply chains," says Jacob.
Martin Thaysen, Executive Vice President for CEVA in China, adds: "I am very confident that Jacob's talent, experience and track record will be a valuable addition to the China leadership team. Our focus on how we service and develop our customers, along with our initiatives around organizational development is a great match with Jacob's capabilities. I look forward to working closely with him to accelerate the growth of our business in South China."
Jacob will hold responsibility for CEVA's business in South China, Hong Kong and Taiwan regions and will assume the role on 1 March 2013, based in Hong Kong.
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 51,000 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 2011, the Group reported revenues of EUR6.9 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 2012 and beyond, 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
+86-21-2310-7688
Anita.wei@cevalogistics.com
