TPG Announces Appointments of Sohaib Abbasi, Stephen Elop, and Jeffrey Tarr as Senior Advisors
February 11, 2019 at 01:16 pm EST
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TPG announced the appointments of Sohaib Abbasi, Stephen Elop, and Jeffrey Tarr as Senior Advisors to the firm's technology group. Together, Abbasi, Elop, and Tarr bring decades of leadership experience in distinct areas of technology. In their roles, they will advise TPG on its portfolio and investment activities within the sector. Abbasi has more than 30 years of experience in enterprise software, most recently serving as Chairman and CEO of Informatica. Prior to Informatica, Abbasi served as a member of Oracle's Executive Committee and Senior Vice President of its Tools Products and Education Services divisions. Abbasi currently serves on the Boards of McAfee, Red Hat, New Relic, and StreamSets. Elop has a robust professional background with more than 20 years of experience spanning enterprise software and smart devices. Most recently, Elop served as Group Executive of Technology, Innovation and Strategy at Telstra. Prior to this, Elop was the Executive Vice President of the Microsoft Devices Group, and before that, President and CEO of Nokia. Elop has held other executive roles at Juniper Networks, Adobe Systems, and Macromedia. Tarr has significant experience leading data and information-intensive businesses and has built three publicly-traded companies into industry leaders. Throughout his career he has served as the CEO of DigitalGlobe, President and COO of IHS (now IHS Markit) and Chairman and CEO of Hoover's (now a division of DB). He currently serves as Vice Chair of the Stanford Graduate School of Business Management Board, and as Co-Chair of the World Economic Forum Global Future Council on Space Technologies.
PostNL N.V. specializes in supplying mail, parcels and e-commerce services. The company also provides services in the area of data and document management, direct marketing and fulfilment. Net sales (including intragroup) break down by activity as follows:
- parcel delivery (58.3%): in 2023, PostNL N.V. delivered 343 million parcels in Belgium, the Netherlands and Luxembourg;
- mail delivery in the Netherlands (35.4%): 1,745 million postal items processed in 2023;
- other (6.3%).
Net sales are distributed geographically as follows: the Netherlands (85.3%), Europe (8.5%) and other (6.2%).