Ceva Logistics has appointed Stuart Young as chief financial officer, to take over on 1 February.
Young joins Ceva, formerly TNT Logistics until bought last month by private equity firmApollo Management, from DHL Exel Supply Chain, where he was CFO for Europe, Middle East and Africa.He succeeds Ed Kraaijenzank, interim TNT Logistics/Ceva CFO since September.
“We are delighted that Stuart has joined Ceva Logistics as he brings a wealth of skills andexperience to our business as we enter this new phase of our development,” said Dave Kulik, CevaCEO.
Ceva, the world’s second largest logistics services provider, has reported sales of EUR 3.5billion and employs 38,000 people in 26 countries. TNT sold the division to Apollo Management forEUR 1.48 million.
