Hoofddorp, the Netherlands, 24 October 2016 - CEVA Logistics, one of the world’s largest supply chain management companies, has today announced the appointment of Peter Waller as Chief Financial Officer and member of the Executive Board with immediate effect.
Peter brings experience in the travel, logistics, business services and internet/e-commerce industries. He has previously been Group CFO at Eurofins Scientific and spent over eight years with the Thomas Cook Group in London and Frankfurt where he held roles including CFO of its online division, as Investor Relations Director and as Group Financial Controller for its German airline subsidiary Condor. He has also served as a management consultant at several firms. Peter received his MBA from ESSEC and the University of Mannheim and a PhD in Strategy from the University of Paderborn in Germany.
“We are delighted that Peter is joining CEVA. His strong commercial and strategic financial expertise and leadership skills make him an excellent fit for CEVA. He will be a real asset in allowing us to reach our next level of performance,” said Xavier Urbain, CEO.
Peter Waller succeeds Arjan Kaaks, who has chosen to leave CEVA to pursue new opportunities. We would like to thank Arjan for his contributions to CEVA.
For more information please contact:
T: +44 (0)208 941 5381
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 41,000 employees in more than 160 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 2016 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.