Board of Directors
Merle A. Hinrich
Mr. Hinrich has been a director since April 2000 and is currently our
Executive Chairman. He was our Chief Executive Officer from April 2000 to
August 2011. A co-founder of the business, he was the principal executive
officer of our predecessor company, Trade Media Holdings Limited, a Cayman
Islands corporation wholly owned by us ("Trade Media"), from 1971 through
1993 and resumed that position in September 1999. From 1994 to August 1999,
Mr. Hinrich was chairman of the ASM Group, which included Trade Media. Mr.
Hinrich is a director of Trade Media and has also been the Chairman of the
Board of Trade Media. Mr. Hinrich graduated from the University of Nebraska
and the Thunderbird School of Global Management ("Thunderbird"). Mr.
Hinrich is a founder and former chairman of the Society of Hong Kong
Publishers. He is a member of the board of trustees of Thunderbird and is a
board member of the Economic Strategy Institute. He is also an investment
Promotion Ambassador with Invest Hong Kong. His term as director expires in
Mr. Au was appointed as our Chief Executive Officer in August, 2011. Mr. Au
first became a team member in 1978 as an account executive for Asian Sources
Electronics magazine. The positions through which he advanced to senior
management included regional sales manager in 1988, associate publisher in
1991, publisher in 1992 and president of Asian Sales in 1999. Mr. Au has a
deep knowledge of Greater China and other markets where the company
operates. Mr. Au received a Diploma in Business Management in 1977 from the
Hong Kong Baptist University.
Chief Executive Officer
Chief Operating Officer
Mr. Barnes was appointed as our chief operating officer in January 2012. Mr.
Barnes is responsible for the company's worldwide operations, including
community development, content development, human resources and
administration. Mr. Barnes began his career handling operations for a group
of lobbyists in Austin, Texas. Later, he moved to Mexico City, where he
designed and delivered training programs for executives at Ford Motor Co.
and Mercedes-Benz. Upon completion of his MBA, Mr. Barnes spent a year
working as a Market Analyst for Global Sources in Phoenix, Arizona before
moving to Hong Kong to become Executive Assistant to the Chairman & CEO in
June of 2000. Since 2003 he has spent time managing each of the core
operational departments and assumed the role of General Manager of Content &
Community Development in December 2009. Mr. Barnes holds a Bachelor of Arts
degree from the University of Texas at Austin and an MBA from the
Thunderbird School of Global Management.
Chief Financial Officer
Ms. Lai was appointed as our Chief Financial Officer effective August 2010.
Ms. Lai joined Global Sources in June 2007 as financial controller, Hong
Kong & China. Prior to joining Global Sources, she was chief financial
officer and an executive director of HC International, Inc., a Hong Kong
listed company. Earlier in her career, she spent over four years with
PricewaterhouseCoopers ("PwC") Hong Kong. Ms. Lai graduated from the
Chinese University of Hong Kong with a bachelor's degree in professional
accountancy. She is also a Member of the Hong Kong Institute of Certified
Public Accountants and a Fellow Member of the Association of Chartered
Certified Accountants in the United Kingdom.
Chief Information Officer
Mr. Zapf was appointed as our chief information officer in January 2012. Mr.
Zapf began his career in software project management with the United States
Air Force. He then joined Global Sources in Phoenix, Arizona, working on the
development, sales and marketing of the company's early software and
e-commerce products. Later, he worked as a research analyst at Bear Stearns
in New York, focusing on the business-to-business market, after which he
joined Hong Kong-based AsiaCommerce, a startup incubator, as Chief Executive
Officer. He rejoined Global Sources in 2001, and was chief operating officer
from January 2011 to December 2011. Mr. Zapf holds a BS in Electrical
Engineering and Engineering and Public Policy from Carnegie Mellon
University, an MS in Computer Science from Troy State University, and an MBA
from Thunderbird, the American Graduate School of International Management.
President of Corporate Affairs and Publisher of Chief Executive China
Craig Pepples is President of Corporate Affairs and Publisher of Chief Executive China. Mr. Pepples is responsible for the sales, marketing and operations for the company's leading China management title, Chief Executive China. He is also responsible for Global Sources' Corporate Marketing and Corporate Communications.
Mr. Pepples joined Global Sources in October 1986, moving on to manage the company's China sales operations from 1989 to 1992 and was Country Manager for China from 1992 to 1999. From 1999 to 2010, Mr. Pepples was Global Sources' Chief Operating Officer.
Mr. Pepples graduated with a B.A. in Linguistics from Yale University.
Brandon Smith is President of eMedia Asia Ltd, Global Sources' joint venture with United Business Media's EETimes Group. He oversees the online and print editions of Electronic Engineering Times-Asia and Electronics Supply & Manufacturing-China, as well as a range of customized marketing services and IIC-China, the premier design event in mainland China. He also leads the company's strategic alliance with Penton to execute the online and print editions of Electronic Design-China.
President of eMedia Asia Ltd.
In addition, Mr. Smith manages the online and print editions of Global Sources' Electronic Component vertical.
Mr. Smith joined Global Sources in 1989 as a sales representative in Taiwan. He has since served in many responsibilities, including: Regional Sales Manager, Associate Publisher, Chief Representative for China, Chief Representative for the USA, and as Group Publisher.
President of Global Sources Exhibitions
Tommy Wong was appointed President of Global Sources Exhibitions in October 2009. He manages sales, marketing and operations for Global Sources' successful China Sourcing Fair trade shows series in Hong Kong, Dubai, Miami, Mumbai, Brazil and Johannesburg.
Mr. Wong joined the company in 1986 as an account executive for Asian Sources Hardwares magazine and has progressively advanced to senior management positions, including Country Manager of the Consumer Products Group, General Manager of Asian Sales and Associate Publisher of Chief Executive China magazine.
He has served as General Manager of Global Sources Exhibitions since 2003. He is recognized as an excellent sales leader, a strong team builder, and as a committed member of Global Sources' team.
Board of Directors
Merle A. Hinrich
Ms. Benecke has been a Director since April 2000. Ms. Benecke served as the company's Chief Executive Officer from 1994 to 1999, when under her leadership, the company launched its flagship website, Global Sources Online in 1995, its CD-ROMs as well as a number of new and successful publications.
From 2003 until 2010, Ms. Benecke has been a consultant to Publishers Representatives Ltd. (Hong Kong), a subsidiary of the company. Her consulting work has been focused on the launch, development and expansion of the China Sourcing Fairs in Shanghai, Hong Kong, Mumbai, Dubai, Singapore and Johannesburg. She graduated with a B.A. from the University of New South Wales, Australia.
Mr. Heng has been a director since April 2000. He joined us in August 1993
as deputy to the vice president of finance and was the Chief Financial
Officer (previously titled vice president of finance) from 1994 until June
30, 2009. Mr. Heng returned to serve as Interim Chief Financial Officer from
June 30, 2010 until August 1, 2010. He received an MBA from Schiller
International University in London in 1993, is a Singapore Certified Public
Accountant, a member of the Institute of Certified Public Accountants,
Singapore, and a Fellow Member of The Association of Chartered Certified
Accountants in the United Kingdom. Mr. Heng is currently a director and
audit committee chairman of Prison Fellowship Singapore, a Christian
non-profit organization that provides counseling and skills training to
prisoners and financial support to their families. Prior to joining us, he
was the regional financial controller of Hitachi Data Systems, a joint
venture between Hitachi and General Motors. His term as director expires in
Mr. Chalmers has been a director since October 2000. He was chairman,
Asia-Pacific, of PricewaterhouseCoopers LLP and a member of PwC's Global
Management Board from 1998 until his retirement in July 2000. He is a
30-year veteran with PwC's merger partner Coopers & Lybrand with specialist
experience in the securities industry. He has at various times been a
non-executive director of the Hong Kong SAR Securities and Futures
Commission, a member of the Takeovers and Mergers Panel, and chairman of the
Working Group on Financial Disclosure. He is currently a director of Air
Malta plc, the Gasan Group Limited (Malta), and Simonds Farsons Cisk Limited
(Malta). He was the Chairman of the Board of Directors of the Bank of
Valletta plc from 2004 until his retirement from that position in 2012. His
term as director expires in 2015.
Mr. Jones has been a director since April 2000. From August 2011 to
February 2013, Mr. Jones was with Better Place Inc., a global electric
vehicle services provider, where he was Vice President Global Corporate
Development and Strategy. He spent the previous 17 years in the private
equity industry, and before that he was in management consulting, investment
banking and general management. Mr. Jones was Managing Director of CHAMP
Private Equity, a leading Australian buyout firm from 2002 to 2011. In 1999,
he founded and, until 2002, led the development of UBS Capital's Australian
and New Zealand business. Prior to that, he spent four years with Macquarie
Direct Investment, a venture capital firm in Sydney, Australia, and one year
at BancBoston Capital in Boston, Massachusetts. Mr. Jones began his career
as a consultant with McKinsey & Company in Australia and New Zealand. He
left McKinsey to take the role of general manager of Butterfields Cheese
Factors, of the King Island Dairies group. He is a director of EC English
Pty Ltd, EMR Capital Pty Ltd and The National Museum of Australia. He was
previously Chairman of the Australian Venture Capital Association Limited
and a director of various listed and unlisted companies in Australia. Mr.
Jones holds a Bachelor of Engineering (First Class Hons.) from the
University of Melbourne and a Master of Business Administration from Harvard
Business School. His term as director expires in 2014.
Mr. Watkins was appointed as a casual director, (see "Election or Removal of
Directors" under Item 10 for a description of a "casual director") on
February 28, 2005 and was elected as a director at our annual general
meeting on May 9, 2005. Mr. Watkins was a director and group general counsel
of the Jardine Matheson Group in Hong Kong from 1997 until 2003. He was
group legal director of Schroders plc in 1996 to 1997 and of Trafalgar House
plc from 1994 to 1996. He was previously a partner and solicitor in the
London and Hong Kong offices of Linklaters from 1975 to 1994. He currently
is a non-executive director of Mandarin Oriental International Ltd., Jardine
Cycle & Carriage Ltd., Advanced Semiconductor Manufacturing Corporation
Ltd., IL&FS India Realty Fund II LLC, Asia Satellite Telecommunications
Holdings Ltd. and Hongkong Land Holdings Ltd., and is a member of the audit
committees of Jardine Cycle & Carriage Ltd. and Asia Satellite
Telecommunications Holdings Ltd. and the chairman of the audit committee of
Advanced Semiconductor Manufacturing Corporation Ltd. Mr. Watkins has a law
degree from the University of Leeds (First Class Hons.). His term as
director expires in 2014.
Mr. Yam was first appointed as a director at our annual general meeting of
shareholders on June 22, 2011. Mr. Yam joined Emerson (NYSE: EMR) in 1986
and is currently an advisor to Emerson after he retired as president of
Emerson Greater China and chairman of Emerson Electric (China) Holdings Co.,
Ltd in April 2008. For more than two decades, Mr. Yam played a key role in
leading Emerson's investments in China. Mr. Yam holds a bachelors degree in
electrical engineering from the University of Hong Kong and an Executive MBA
from the University of Chicago. Since June 2010, Mr. Yam has served as a
non-executive director of ISG Asia Investment (HK) Ltd. He is also currently
an adjunct professor of The Chinese University of Hong Kong's Faculty of
Business Administration Department of Management and a member of the College
Council and the Board of Governors of the Centennial College, Hong Kong.
Mr. Yam was previously a member of the Suzhou Industrial Park International
Advisory Committee from 2001 to 2008, a director of the Executive Committee
of Foreign Investment Companies in Beijing from 2003 to 2008, a
non-executive director of Sun Life Hong Kong Limited and affiliates from
2003 to 2010 and a member of the Board of Directors of the Hong Kong Science
& Technology Parks Corporation from 2001 to 2006, and he also previously
served as a vice-president of the American Chamber of Commerce in Hong Kong,
a visiting professor of Nanjing University's School of Business and a
visiting professor of Jiangmen Polytechnic in China. His term as director
expires in 2014.