Global Logistic's co-founder Jeffrey Schwartz dies
His vision was key in making GLP the company that it is today, says CEO
Singapore
JEFFREY H Schwartz, co-founder and deputy chairman of mainboard-listed Global Logistic Properties (GLP), died on Wednesday, aged 55, the company announced on Thursday.
A note published on GLP's website on Nov 4 said that Mr Schwartz, who was chairman of the executive committee, had decided to take time off to focus on health-related issues but would continue to be involved in strategic decisions.
"His vision was key in making GLP the company that it is today. I am honoured to continue his legacy," GLP co-founder and CEO Ming Z Mei said in the Thursday announcement, adding: "He will…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
TikTok suspends new app’s reward programme amid EU concerns
Hong Kong spot crypto ETFs to start trading next week
Cordlife substantial shareholder Nanjing Xinjiekou still mulling over offer to buy over remaining shares
Nvidia agrees to acquire Israeli AI software provider Run:ai
HSBC says growing Chinese wealth fuels client investments in US
Unilever's India quarterly profit disappoints