Giuseppe De Vincenzo appointed to head CEVA’s South Pacific (SOPAC) operations
28 October 2009 - 15:43 CET
MELBOURNE, Australia, 28 October 2009 - CEVA Logistics, a leading global supply chain management company, has today announced the appointment of Giuseppe De Vincenzo as its new Executive Vice President - designate for the South Pacific (SOPAC) business, which encompasses Australia and New Zealand.De Vincenzo, who will take up the position permanently on 1 January 2010, has been with the company for the past seven years, most recently as the company's Vice President, Brazil. Prior to this, he was the Managing Director of contract logistics, South America. He brings a wealth of international operating experience to the role, including a strong automotive background having previously worked for Fiat and Nissan prior to joining CEVA.
Commenting on his new role, Mr De Vincenzo said: "I am looking forward to driving the next stage of growth and realising the company's ambitious business goals for our SOPAC operations through strong company performance. This will involve further expanding and leveraging our unique range of supply chain service solutions to existing and new customers across the region.
De Vincenzo will succeed Howard Critchley, who has announced his impending retirement from full-time work with the company after 14 years of service. During this time, Mr Critchley has overseen development of the SOPAC business into a world class provider of integrated contract logistics and freight management services. In 2005, he took over the management of the company's Asian logistics business (Thailand, Indonesia and Malaysia) and in 2006 the China logistics activities before his current appointment as the Regional Vice President, SOPAC in 2007. From 1 January 2010, Mr Critchley will leave his current position and take up a consultancy role with CEVA, focused on growing the company's contract logistics footprint in several key markets across the Asia Pacific region, including India and other north Asian countries.
For more information contact:
David Cliffe
Marketing and Communications Manager
Telephone +613 9931 9959
Email david.cliffe@cevalogistics.com
CEVA Making Business Flow
CEVA Logistics is a leading global supply chain management company. We provide end-to-end design, implementation and operational solutions in contract logistics and freight management to large and medium-sized national and multinational companies. CEVA employs circa 50,000 people and runs an extensive global network with facilities in over 100 countries. For the year ending 31 December 2008, the Group reported revenues of €6.3bn. For more information, please visit www.cevalogistics.com.
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995:
The statements included in this news release, and other statements that are not historical facts, may contain forward-looking statements. In addition to the assumptions specifically mentioned in the above paragraphs, there are a number of other factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements. These factors include, but are not limited to, CEVA's substantial leverage, the actual effects of recent and future regulatory changes and technological developments, globalization, levels of spending in major economies, the economic downturn in Asia, Europe and the US, including the economic downturn in the automotive sector, levels of marketing and promotional expenditure, actions of competitors and joint venture partners, employee costs, future exchange and interest rates, changes in tax rates, unexpected costs of future business combinations or dispositions and other factors detailed in risk factors and elsewhere in CEVA's most recent annual and quarterly reports. 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. 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.
