DHL parent Deutsche Post World Net will split its logistics division into two operating units: supply chain, led by Bruce Edwards; and global forwarding and freight business, headed by Hermann Ude. Both men will join the German company's executive board.
The changes were announced after a meeting of the Deutsche Post AG supervisory board on Tuesday.
The decision to split logistics into two business units is a structural move without any immediate costs or gains associated with it and there will be no changes to the group's reporting structures for the time being," Deutsche Post said in a statement.
Frank Appel, who was previously in sole charge of the logistics division, was last month promoted to chairman and chief executive officer of the group following the resignation of Klaus Zumwinkel due to his part in a tax fraud investigation.
Logistics is facing increasing organic growth demands in the future,Appel said. having a dedicated CEO for each of the logistics businesses on the executive board will further strengthen both businesses. At the same time, collaboration will be of prime importance, which is above all in the interest of customers. Bruce Edwards joined the company in 1989 and has been global CEO for the supply chain business since March 2007. As part of his extended role, Edwards will take additional responsibility for corporate information solutions.
Hermann Ude has worked for the group since 1998 and was most recently CEO of the European freight business.
In a separate decision, DHL Global Mail, formerly one of Appel抯 responsibilities, will be reintegrated into the mail corporate division.
Source: American Shipper