HONG KONG, June 23, 2011 –
Global Sources Ltd.'s (NASDAQ: GSOL)
shareholders have appointed Mr. Peter Yam, 64, as a member of the company's board of directors at the
company's annual general meeting of shareholders held on June 22, 2011.
"The addition of Peter Yam fortifies the depth and knowledge base of our board of
directors," said Global Sources' chairman and CEO, Merle A. Hinrichs. "Peter is a seasoned
executive who has conducted business throughout China for over 25 years. On behalf of our board of directors,
I wish to extend our warmest welcome to Peter."
Peter Yam joined Emerson (NYSE: EMR) in 1986 and is currently an advisor to Emerson after
retiring as president of Emerson Greater China and chairman of Emerson Electric (China) Holdings Co. Ltd. in
April 2008. For more than two decades, Yam played a key role in leading Emerson's investments in China.
Since June 2010, Yam has served as a non-executive director of ISG Asia Investment (HK) Ltd., and 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 Planning and Development Committee, Hong Kong University
School of Professional and Continuing Education. 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. 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.
Yam holds a bachelor’s degree in electrical engineering from the University of Hong Kong and an Executive MBA from the University of Chicago.
