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TPG APPOINTS BAKKER AS CEO

TPG APPOINTS BAKKER AS CEO

   Dutch postal, express and logistics company TPG NV, has appointed Peter Bakker as chief executive officer. Bakker was the company's chief financial officer since 1998. He will replace Ad Scheepbouwer, who left TPG to head up KPN Telecom.

   TPG, which operates under brand names such as TNT and CTI Logistx, ranks among the world’s largest logistics companies.