HONG KONG — Global Sources Ltd. (Nasdaq: GSOL) (http://www.globalsources.com) has appointed Peter Zapf, 42, to Chief Operating Officer. Zapf assumed the role effective January 5, 2011, after serving as Deputy COO since January 1, 2010. Craig Pepples, who has been COO since 1999, is shifting to focus on the China Business Group, which is dedicated to solidifying Global Sources as the market leader in China management media.
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 B2B market, after which he joined Hong Kong-based AsiaCommerce, a startup incubator, as Chief Executive Officer. He rejoined Global Sources in 2001.
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.