Hoofddorp, the Netherlands, February 8 2016 – CEVA Logistics, one of the world’s largest supply chain management companies, today announced that it has appointed Fuat Adoran to lead its Balkan, Middle East & Africa cluster. He served as Managing Director, CEVA Turkey for the last three years.
Adoran will continue to be based in Istanbul and will report to company CEO, Xavier Urbain. He has worked at CEVA since the company was established in Turkey in 2001.
In his new position, Adoran will be responsible for some 4,500 staff across 9 countries. CEVA is the market leader in Turkey with an excellent footprint across the country in both freight management and contract logistics. One of Adoran’s primary goals with be share the knowledge and expertise developed there to create solutions for customers in other countries within his cluster. He will intensify the collaboration between countries to provide new and service improvements to customers.
CEVA’s Contract Logistics footprint in Turkey provides it with an excellent opportunity to create a roadmap for growing business opportunities within the cluster across all four business lines – air, ocean, ground transportation and contract logistics.
“I see a number of promising business development opportunities for CEVA. This area comprises a diverse group of countries operating in a number of key vertical markets where we have particular expertise which we can capitalize on to drive forward and achieve our goals. Investment in verticals such as our project business in the Middle East will certainly continue,” says Adoran.
Says CEVA Logistics CEO, Xavier Urbain: “I am pleased to welcome Fuat in his new role. I am confident he will help us to develop the BAMECA cluster and support our goal of creating strong added value services for our customers.”
Adoran has a degree in Business Administration and a Masters in General Management.
For more information contact:
T: +44 (0)208 941 5381
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 42,000 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 2015 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.