DKSH keeps Wolle at the helm for another five years

TUESDAY, NOVEMBER 20, 2012
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The board of DKSH, the major market-expansion services provider with a focus on Asia, is extending the contract of its president and chief executive officer, Joerg Wolle, for a further five years.

“Since our merger [between Diethelm Keller Services Asia and SiberHegner Holding] in 2002, Joerg Wolle has played a decisive role in the success story of DKSH, which reached a further culmination point with the initial public offering in spring 2012. I am delighted by the fact that, with the renewed extension of the contract with Wolle up to 2017, we have secured long-term leadership continuity,” chairman Adrian T Keller said yesterday.
“Since the merger, DKSH’s net sales have more than doubled, while profitability has more than quadrupled. With a clearly defined strategy for sustainable profitable growth, the group is continuously enhancing its position as the leading market-expansion services provider in Asia,” he added.
Positive trends stimulating business are the increasing demand from Asia’s markets for western goods, generated by a steadily growing middle class, and rising demand for outsourcing services. With Asia now at the centre of global trade flows, and the pronounced growth of intra-Asian business, DKSH is optimally positioned to benefit from this diversity of growth drivers, Keller said.
By strengthening its management structure, DKSH is positioning itself for the next phase of expansion. Effective February 1 next year, Bruno Sidler will assume the newly created function of chief operating officer. He will support the ongoing implementation of the strategy for sustainable profitable growth.
Wolle said DKSH would benefit from Sidler’s decades of specialist expertise and from his outstanding competence in the logistics industry.
This applies specifically to the interfaces between DKSH’s business model, which is focused on sales and marketing, and the distribution of products throughout Asia, but generally also in the sector of business services and as an outsourcing partner for multinational and medium-sized manufacturers, he said.
For Thailand, DKSH achieved Bt50.5 billion in sales in the first six months, up 15 per cent year on year.