Hoofddorp, the Netherlands, 9 October, 2012 – CEVA Logistics, one of the world’s leading non-asset based supply chain management companies, today announced the retirement of John Pattullo, Chief Executive Officer, effective 12 October, 2012. Marvin O. Schlanger, CEVA’s current Chairman of the Board, will be appointed CEO. Pattullo will continue to serve on CEVA’s Board of Directors.
“When John came to CEVA, he expressed his expectation of staying with the company for five years,” Schlanger said. “Under his leadership, the integration of TNT Logistics and EGL was successfully executed and the company's unique customer-focused, end to end operating model successfully developed. He has also assembled a world class leadership team. All of this has allowed CEVA to serve our customers better and to grow faster than the market. We want to thank John for his strong leadership of the company and look forward to his continued guidance as a member of our Board."
Schlanger added, “I look forward to working with the talented and dedicated employees of CEVA as we execute our strategies to become the most admired company in the supply chain industry.”
CEVA is owned by affiliates of Apollo Global Management LLC, a leading global alternative asset manager.
CEVA:
CEVA Logistics, one of the world’s leading, non-asset based supply chain companies, designs and implements industry leading solutions for large and medium-size national and multinational companies. Approximately 51,000 employees are dedicated to delivering effective and robust supply chain solutions across a variety of sectors and CEVA applies its operational expertise to provide best-in-class services across its integrated network, with a presence in over 170 countries. For the year ending 31 December 2011, the Group reported revenues of €6.9 billion. For more information, please visit www.cevalogistics.com
