Testimonial From The Chairman Of The Board

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Manufacturers Of Writing &Drafting Materials Address STAEDTLER (Malaysia) Berhad (5418-V) Lot 8, Jalan P10/1 0 Kawasan Perusahaan Bangi Bandar Baru Bangi, 43650 Bangi Selangor, Malaysia Telephone 03-8926 8057 /03-8926 2551 Fax 03-8926 3551 Website vtruw.staedtler.com.my E-mail [email protected] December,20II To whom it may concern, Re: Testimonial L€tter for Peter Xavier I am pleased to provide a testimonial for Peter Xavier who will leave his position as Chief Executive Officer of STAEDTLER (nn) gha and STAEDTLER Marketing Sdn Bhd at the end of December2011 after serving the stipulated six months'notice period. Despite the various challenges he faced throughout his tenure, Peter Xavier's perseverance, commitment and performance has been truly commendable.He took on a very difficult task and has to date successfully turned around both companies to a platform of future growth. Remarkable is his achievement in collectively bettering budget results in areas of turnover, gross margins, operating expenses, inventory management, accountreceivables and EBIT. He also successfully resolved the matter of closing down the manufacturing activities of the company by selling factory land and building and various other fixed assets. Overall, Peter Xavier improved P&L and Balance Sheet results during his tenure ship and this is a highly commendableachievement. Additionally, he has created a very strong team spirit and motivated unity amongst staffs that has resulted in a very efficient and capable team that promise well for the future of the company. The performance results are also due to his setting up Key Performance Indicators, Key Result Areas and a mindset change amongst staffs. The Board of Directors fully acknowledges his contributions in turning around the company with commendableresults. I would highly recommend Peter Xavier for any management positions that he is considered for as he has shown that he is capable of achieving high performances and successful results for any endeavours he undertakes. I can be reached at STAEDTLER Noris in Germany to provide any further reference if necessary. Thank you, Yours sincerely, Chairman Board of Directors STAEDTLER (nn) eha and STAEDTLER Marketing Sdn Bhd TheSTEADTLER Group of Companies, headquarters NUrnberg, Germany, withassociated companies in Australia, Austria, Belgium, Brazil, Canada, Great Britain, Hong Kong, Indonesia, ltaly, Malaysia, Mexico, Netherlands, Philippines, Portugal, Singapore, Spain, Sweden, Thailand, USA

Transcript of Testimonial From The Chairman Of The Board

Page 1: Testimonial From The Chairman Of The Board

Manufacturers Of Writing & Drafting Materials

Address STAEDTLER (Malaysia) Berhad (5418-V)Lot 8, Jalan P10/1 0Kawasan Perusahaan BangiBandar Baru Bangi, 43650 BangiSelangor, Malaysia

Telephone 03-8926 8057 /03-8926 2551Fax 03-8926 3551Website vtruw.staedtler.com.myE-mail [email protected]

December,20II

To whom it may concern,

Re: Testimonial L€tter for Peter Xavier

I am pleased to provide a testimonial for Peter Xavier who will leave his position as ChiefExecutive Officer of STAEDTLER (nn) gha and STAEDTLER Marketing Sdn Bhd at the end ofDecember 2011 after serving the stipulated six months'notice period.

Despite the various challenges he faced throughout his tenure, Peter Xavier's perseverance,commitment and performance has been truly commendable. He took on a very difficult task andhas to date successfully turned around both companies to a platform of future growth.

Remarkable is his achievement in collectively bettering budget results in areas of turnover, grossmargins, operating expenses, inventory management, account receivables and EBIT.

He also successfully resolved the matter of closing down the manufacturing activities of thecompany by selling factory land and building and various other fixed assets.

Overall, Peter Xavier improved P&L and Balance Sheet results during his tenure ship and this isa highly commendable achievement.

Additionally, he has created a very strong team spirit and motivated unity amongst staffs thathas resulted in a very efficient and capable team that promise well for the future of the company.The performance results are also due to his setting up Key Performance Indicators, Key ResultAreas and a mindset change amongst staffs. The Board of Directors fully acknowledges hiscontributions in turning around the company with commendable results.

I would highly recommend Peter Xavier for any management positions that he is considered foras he has shown that he is capable of achieving high performances and successful results for anyendeavours he undertakes.

I can be reached at STAEDTLER Noris in Germany to provide any further reference if necessary.

Thank you,

Yours sincerely,

ChairmanBoard of DirectorsSTAEDTLER (nn) eha and STAEDTLER Marketing Sdn Bhd

The STEADTLER Group of Companies, headquarters NUrnberg, Germany, with associated companies in Australia, Austria, Belgium, Brazil, Canada, GreatBritain, Hong Kong, Indonesia, ltaly, Malaysia, Mexico, Netherlands, Philippines, Portugal, Singapore, Spain, Sweden, Thailand, USA