Zvi Schreiber to depart CEO role to pursue new ventures while remaining on board; CFO Pablo Pinillos takes interim helm pending search

Image: Shutterstock 12/03/2019

Image: Shutterstock

Freightos founder Zvi Schreiber will step down from his role as chief executive at the end of January, with chief financial officer Pablo Pinillos serving as interim chief executive.

Global freight booking and payment platform Freightos said that Zvi Schreiber will step down from his role as chief executive on 31 January "in order to pursue other entrepreneurial interests".

However, Schreiber will continue to serve as a non-executive board member, providing ongoing guidance as the company seeks to grow its digital freight pricing, procurement and booking services.

Pablo Pinillos, the company’s chief financial officer, will serve as interim chief executive until a new chief executive is appointed.

“Building Freightos from a vision into the world’s largest digital international freight booking platform has been the adventure of a lifetime,” said Schreiber.

“Together with forward-thinking carriers, freight forwarders, and shippers, we’ve led the industry’s digital transformation, proving that global freight can modernise, supporting smoother trade between the people of the world. 

"With a growing base of thousands of customers worldwide, the time is right for Freightos to have a chief executive laser-focused on our next stage of scale-up, while I turn my attention to new adventures. It will be a privilege to continue actively supporting Freightos as a board member, and I can’t wait to see where our outstanding team takes it from here.”

“Zvi poured himself into this company,” said Udo Lange, non-executive chairman of Freightos. “His vision and his belief in a connected, digital freight ecosystem have shaped Freightos at every step. All of us on the board are deeply grateful for what he’s built, and we’re glad he will remain with us as a non-executive director.”

He added: "We have a strong team and will run a comprehensive search to select the next chief executive. Pablo and the management team are focused on driving value and supporting our customers, employees, partners and shareholders, while ensuring this transition sets the company up to capture the massive opportunities for long-term profitable growth.”

Freightos will now focus on scaling up the business and implementing operational improvements, said Lange. This year, the company has continued to see airlines, including SriLankan Cargo and Garuda Indonesia Cargo, place their capacity on the WebCargo booking platform.

 

 

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