Arjan Kaaks

Arjan Kaaks (pictured) has been appointed as chief finance officer at Ceva Logistics with immediate effect.

He replaces Rubin McDougal, who first took the role in June 2009. McDougal will retire, said Ceva, after a transition period over the coming months.

Kaaks will report straight to CEVA CEO Xavier Urbain. He comes the Maxeda DIY Group, where he had been CFO and an executive board member since August 2011.

Urbain said of the appointment: “Arjan is an operationally and commercially-focused CFO, driven to create enduring value for our customers, employees and investors. He is a strong addition to our management team.

“I also want to acknowledge Rubin McDougal’s numerous contributions to Ceva over his six years with the company.  He has played a key role in leading the company through global economic challenges. We thank Rubin for his dedication to Ceva’s success and wish him the very best.”

Kaaks said: “This is an exciting time to be joining Ceva. The company has started to execute its renewed strategy and progress is becoming visible.  We have a strong foundation to build upon as we continue our focus on driving sustainable topline growth and productivity improvements. I am thrilled to join Ceva’s community and leadership team, and to work together to achieve our ambitions.”

Last year Ceva spent $20m (£12.4m) on its UK fleet when it bought 160 new MANs, alongside 180 Lawrence David trailers.

At the time, Michael O'Donoghue, executive vice president, UK, Ireland and Nordics told The Hub: “We are delighted to make this investment in our ground transport operation. It increases our size and scale and signals our optimism in the UK marketplace."