Freightos Experiences Leadership Transition as CEO Departs to Pursue New Ventures

GasFeeCrybaby · 2025-12-26T05:56:03+00:00

Freightos Limited's CEO Zvi Schreiber is stepping down to explore other ventures, with CFO Pablo Pinillos assuming interim leadership. The company is searching for a permanent CEO, while the stock saw a slight decline following the announcement.

GasFeeCrybaby

2025-12-26 05:56:03

Abstract generation in progress

Freightos Limited (CRGO) announced a significant leadership change Wednesday, with Chief Executive Officer Zvi Schreiber stepping away from the helm to focus on other entrepreneurial opportunities. The move marks a pivotal moment for the logistics technology company as it navigates the transition.

Interim Leadership and Succession Plan

In response to Schreiber’s departure, the company’s Chief Financial Officer Pablo Pinillos has assumed the position of acting CEO, bringing financial acumen to the leadership role during this transitional period. The Board of Directors is actively conducting an extensive search to recruit a permanent CEO who can guide the company forward. Schreiber, remaining engaged with the organization, commented on his decision: “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.”

Market Response

The announcement coincided with a modest decline in CRGO’s share price, which currently trades at $2.98, reflecting a 2.48 percent decrease on the Nasdaq. Such leadership transitions often create short-term market volatility as investors assess the company’s direction under new management.

What’s Next

The comprehensive executive search represents a critical phase for Freightos as stakeholders look toward the identification of experienced leadership to drive strategic objectives. The appointment of Pinillos as interim CEO ensures operational continuity while this search unfolds.

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