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Pallet-Management-Services - AFM

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sales increased from €203.0 million (1991) to €1.1 billion<br />

(2000). Prior to Hagemeyer Deutschland GmbH, Mr. Nimtsch<br />

served as a Tax Advisor and Public Chartered Accountant for<br />

Deloitte & Touche and PricewaterhouseCoopers. He holds a<br />

degree in business economics from the University of Munich.<br />

Wolfgang Orgeldinger became Chief Operating Officer of<br />

the company in January 2002 and previously served as Chief<br />

Information Officer of IFCO SYSTEMS with responsibility for<br />

e-logistics and IT since December 2000. Mr. Orgeldinger also<br />

became a Managing Director of IFCO SYSTEMS GmbH in<br />

February 2001 and is serving as Supervisory Board member in<br />

subsidiaries of the Company. Before joining IFCO SYSTEMS<br />

Mr. Orgeldinger was a member of the Executive Board of<br />

Computer 2000 AG, Europe‘s leading IT distributor, where<br />

he was responsible for the company’s European logistics, IT,<br />

technical services, and configuration and assembly operations.<br />

From 1997 to 1999, Mr. Orgeldinger served as Managing<br />

Director of the Computer 2000 Deutschland GmbH, prior to that<br />

he worked there for 3 years as Director IT & Logistics. Before<br />

joining Computer 2000, Mr. Orgeldinger worked for nine years<br />

for Digital Equipment in various management positions in the<br />

area of marketing, sales, consulting, IT and operations.<br />

David S. Russell became President of IFCO SYSTEMS North<br />

America Inc. (<strong>Pallet</strong>-<strong>Management</strong>-<strong>Services</strong> and RPC US) in<br />

January 2002. He joined IFCO SYSTEMS North America in<br />

May 2000 as Senior Vice President with responsibility for<br />

sales and marketing and as General Manager for the US RPC<br />

business. Prior to joining IFCO SYSTEMS, he served, beginning<br />

in March 1999, as a Director and President and Chief Executive<br />

Officer of General Rental, Inc., a privately held equipment rental<br />

company in Pompano Beach, Florida. From October 1996 to<br />

August 1998, Mr. Russell was Vice President/General Manager<br />

of Ryder TRS, Inc., a privately held company with publicly traded<br />

bond debt in Denver, Colorado. Beginning in 1982, Mr. Russell<br />

also served in various management positions, including as an<br />

Officer, at Ryder System, Inc., a publicly traded company, until<br />

the sale of its Consumer Truck Rental Division in October 1996.<br />

| CORPORATE | EXECUTIVE MANAGEMENT COMMITTEE |<br />

39

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