Panalpina today announced that Stefan Karlen, Managing Director Southeast Asia, has been appointed Regional CEO Asia Pacific with immediate effect. His predecessor Marco Gadola will be leaving the company to pursue a career opportunity outside of the logistics industry.

"We regret the departure of Marco Gadola because he is a well experienced manager and contributed a lot to Panalpina's performance," says CEO Monika Ribar. "But we understand his decision and wish him great success in the future. At the same time we are happy to have Stefan Karlen as our new Regional CEO Asia Pacific. Stefan has a profound understanding of our business and our culture."

Stefan Karlen joined Panalpina in 1997 and held several management positions in Europe and Asia; in his last position he has been responsible for Panalpina's Area Southeast Asia comprising Singapore, Malaysia, Indonesia, Philippines, Thailand and Vietnam. He will take over his new function as Regional CEO Asia Pacific on Monday, January 7th, 2013.

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