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CEVA Logistics appoints John Klompers new Managing Director for Central Europe

30 October 2008 - 18:36 CET

HOOFDDORP, Netherlands, 30 October 2008 - CEVA Logistics, one of the leading supply chain companies in the world, has appointed John Klompers to the position of Managing Director for Central Europe, effective February 1, 2009. He will replace Christian Fürstaller, who will be leaving the company.

John Klompers has over 15 years experience in the logistics industry. He joins CEVA from Panalpina, where his last position was Chief Marketing & Sales Officer and Member of the Executive Board.

John will report to Bruno Sidler, CEVA's President for Northern Europe: "I am confident that John's appointment will bring increased capabilities to our already strong management team. He has an excellent track record of leadership within this business and will bring significant added value in driving forward our growth plans for the region."

John Klompers will be based in the CEVA Regional Head Office for Central Europe, in Frankfurt.

For more information contact:
Paula Satink
+ 31 23 568 3492
Paula.Satink@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 forwarding to large and medium-sized national and multinational companies. CEVA employs 56,000 people and runs an extensive global network with facilities in over 100 countries. Following the acquisition of EGL in August 2007, the new combined company had pro forma sales of € 6.3 billion. 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, the process of combining EGL and CEVA, the actual effects of recent and future regulatory changes and technological developments, globalization, levels of spending in major economies, the economic climate in Asia and the US, 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 integrating recently acquired businesses and future business combination or dispositions and other factors detailed in risk factors and elsewhere in CEVA and EGL's most recent Annual Reports, including but not restricted to the EGL Annual Report on Form 10-K. 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 filings with the Securities and Exchange Commission. 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. EGL and CEVA disclaim any intention or obligation to update publicly or revise such statements, whether as a result of new information, future events or otherwise.