Pactera Announces Chairman of the Board
BEIJING, March 25, 2015 /PRNewswire/ -- Pactera Technology International Ltd. ("Pactera" or the "Company"), a global consulting and technology services provider strategically headquartered in China and part of The Blackstone Group (NYSE: BX) Portfolio, today announced that Mei-Wei Cheng has been appointed Chairman of the Board, effective immediately.
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Mr. Cheng previously held multiple executive positions, including the role of Chairman, CEO, and President at major global corporations with strategic investments in the China market including Siemens, Ford Motor, GE, and AT&T.
Pactera CEO Tiak Koon Loh commented "We are very excited about welcoming Mr. Cheng as our newly-appointed Chairman of the Board. He brings Pactera a depth of cross industry experience in China and internationally, and I am confident that he will be a strong addition to the Pactera Board. He will play a guiding role in applying our strategic vision to help enterprises increase their business performance, and I look forward to working together to strengthen Pactera's industry leadership and capacity to provide world-class services that enale high performance, high-value client operations."
Mr. Cheng added, "It is a great honor and responsibility to assume Chairmanship of the Pactera Board. I firmly believe we have the strong capabilities within Pactera needed to achieve our long term strategic vision. We have a solid business strategy, and more importantly, we will continue to provide best-in-class enterprise solutions and value-added IT services that enhance client value. I hope to leverage my industry experience of leading large and successful global enterprises to navigate business complexities and uncover the extraordinary opportunities presented by both global and China markets."
Cheng retired from Siemens effective May 1st, 2014. He assumed the position as CEO Siemens North East Asia, President and CEO Siemens Ltd., China on July 1, 2010, with full responsibility for all Siemens activities in China, Macau, Hong Kong, Taiwan, Mongolia and South Korea.
Before joining Siemens, Cheng spent more than ten years at Ford Motor (China) Ltd. from 1998 to 2009, where he, as Chairman and CEO, and later Executive Chairman, steered the company to continuous successes and established Ford among the top auto brands in China. He was also a Corporate Group Vice President of Ford Motor Company.
Cheng joined Ford in 1998 from General Electric Corporation where he was a Corporate Vice President of the company and Regional Executive and President of GE Appliance - Asia in Hong Kong. He was a Corporate Vice President of General Electric Co. and Chairman and CEO of GE (China) Ltd. from 1995 to 1996.
Cheng started his career in 1972 with AT&T, and later became President of AT&T China. Under his leadership, AT&T established a major presence in China.
Cheng served on the Board of Directors of Diebold, Inc from 2009 to 2013. He is currently a member of the board of directors of Seagate Technology plc. He is also a member of the Cornell Engineering College Advisory Council, Dartmouth Tuck Asia Advisory Board, and Magna International's China Advisory Board. He is also a Senior Venture Partner of Fontinalis Capital Partners II and a founding Partner of China Fortune Healthcare Investment Ltd.
Cheng holds a bachelor's degree in industrial engineering/operations research from Cornell University, a MBA degree from Rutgers University, and is a graduate of Dartmouth's Tuck Executive Program and MIT's Program for Senior Executives.
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SOURCE Pactera Technology International Ltd.
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