Ceva Logistics’ chief financial officer (CFO), Rubin McDougal, is retiring from the company and will spend the next few months handing over responsibility to his replacement, Arjan Kaaks (pictured).


McDougal was CFO at Ceva for more than six years, a role he moved to from CNH, the agricultural and construction equipment maker.

Kaaks joins Ceva from retail firm, Maxeda DIY, where he was also CFO and a member of the executive board, a position he held for just over four years.

Before that his roles included being chief operating officer and CFO of O’Neill Group, the sports lifestyle brand, and CFO of brewing company Royal Grolsch. He also worked in various finance roles at Unilever over a 12-year period.

“Arjan is an operationally and commercially-focused CFO, driven to create enduring value for our customers, employees and investors,” said Xavier Urbain, Ceva’s CEO. “He is a strong addition to our management team. I also want to acknowledge Rubin McDougal’s numerous contributions to Ceva over his six years with the company. He has played a key role in leading the company through global economic challenges. We thank Rubin for his dedication to Ceva’s success and wish him the very best.”

For his part, Kaaks said it was an exciting time to be joining Ceva. “The company has started to execute its renewed strategy and progress is becoming visible,” he said. “We have a strong foundation to build upon as we continue our focus on driving sustainable topline growth and productivity improvements. I am thrilled to join Ceva’s community and leadership team, and to work together to achieve our ambitions.”