Hoofddorp, the Netherlands, 3 June, 2014 – CEVA Logistics, one of the world’s leading supply chain management companies, today announced the appointment of Christophe Cachat as Chief Information Officer. He will report to Xavier Urbain, CEVA’s Chief Executive Officer and will join CEVA’s Executive Board. He will be based in Houston, Texas.
Mr. Cachat joins CEVA from Kuehne + Nagel where he served as SVP IT, Americas. Prior to that he worked as CTO for ACR Logistics in the UK, with earlier roles including security, technology and engineering director roles at ALSTOM in France, Banque Indosuez (now Crédit Agricole) and CEGETEL/SFR (Vivendi group). He brings a combination of extensive industry and IT experience and expertise to CEVA and will contribute to the further advancement of the company’s IT infrastructure.
“Christophe’s experience and successful track record are great additions to CEVA,” said CEVA’s CEO Xavier Urbain. “I am confident that he will bring strong leadership to the company, while continuing to improve the technology capabilities that we provide our customers.”
“I am pleased to be joining CEVA’s senior management team and have the opportunity to expand its technology capabilities, including its key CEVA Matrix® offering,” said Mr. Cachat. “Information and technology are the backbone of any supply chain and are how our customers gain efficiency and full visibility into the movement of their goods. I look forward to growing CEVA’s capabilities in this area to the benefit of all our customers.”
Mr. Cachat assumes the CIO role from Peter Dew, who was previously named CEVA’s President, Asia Pacific.
For more information, contact:
+44 208 755 5180
CEVA - Making business flow
CEVA, 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 44,000 employees in more than 170 countries are dedicated to delivering effective and robust supply chain solutions across a variety of sectors where CEVA applies its operational expertise to provide best-in-class services across its integrated network. 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 2014 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.