EXEL LOGISTICS REVAMPS BUSINESS GLOBALLY

   Exel Logistics is changing its region-based organization into one based on industry sectors managed globally.
    The company, which has significant operations in the Americas, Europe and Asia Pacific, has created a global structure around its five market sectors: automotive, chemical, consumer, electronics and retail.
Mike Parish, former joint chief executive officer, Europe, will head up the development of Exel Logistics’ industrial markets (automotive, chemical and electronics). Bruce Edwards, former chief executive officer, Americas, will be in charge of the consumer, retail and home delivery markets.
    The new organization will enable a "faster transfer of best practise around the world" and better global supply chain services, the company said.
    All of Exel Logistics’ corporate functions, including information technology, "solutions design," human resources, marketing, strategy, finance and administration, are also being organized on a global basis.
As part of the reorganization, Richard Hunt, joint chief executive officer, Europe, is leaving Exel Logistics.