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UTi Worldwide Announces Organizational Changes

LONG BEACH, Calif., Sept. 18, 2012 (GLOBE NEWSWIRE) -- UTi Worldwide Inc. (Nasdaq:UTIW) today announced steps that will streamline its organization and facilitate improved integration and alignment between its freight forwarding and contract logistics and distribution businesses. The actions will also reduce complexity and optimize the value of the company's progress in its transformation initiatives. The changes are effective October 1, 2012.

Edward G. Feitzinger has been appointed Executive Vice President, Global Operations. In his expanded role, Mr. Feitzinger will be responsible for all of the operations in the company's freight forwarding and contract logistics and distribution businesses. UTi's regional leaders will report to Mr. Feitzinger, as will the company's product leaders. Mr. Feitzinger will continue to report to Eric W. Kirchner, chief executive officer.

Ronald W. Berger has been appointed Senior Vice President, Global Operating Processes and Chief Information Officer. In his expanded role, Mr. Berger will be responsible for UTi's information technology and global operating processes. The role aligns information technology and the company's transformation initiatives under a single leader. Ronald S. Glickman will partner with Mr. Berger during a transition period, after which he will pursue opportunities outside of the company.

Mr. Kirchner said, "These changes are taking place at a pivotal phase in the company's evolution. We've made good progress aligning and bringing consistency to our contract logistics and distribution business line under Ed's leadership, and I expect similar dividends from applying an enterprise perspective to all operations. Ed has a strong background in supply chain services with deep knowledge of both freight forwarding and contract logistics and distribution. Ron Berger has made significant progress in leading the company's transformation and driving improvements in our freight forwarding business line. Ron's background and knowledge of information technology complement his operational skills and will allow us to move seamlessly from the design phase of our system development and into operational production."

Stock quotes in this article: UTIW 

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