#Spain #Barcelona #Board of Directors #Freightos #Zvi Schreiber

Freightos Board of Directors Transition

Freightos Limited, known by its ticker symbol CRGO on NASDAQ, has made a significant announcement regarding its Board of Directors. Dr. Zvi Schreiber, who played a pivotal role in the company, has decided to step down from his position on the board effective February 28, 2026. This announcement was made on February 23, 2026, underlining the ongoing changes within the organization that reflect its commitment to adaptability in the evolving landscape of the international freight industry.

Context of the Decision

Dr. Schreiber’s departure comes at a time when Freightos is actively engaged in aiding the digital transformation of the freight sector. As one of the leading vendor-neutral digital platforms for freight booking and payment, Freightos connects a multitude of stakeholders, including airlines, ocean carriers, freight forwarders, and importers/exporters, providing essential tools for modernizing operations in this trillion-dollar industry.

While the company continues to thank Dr. Schreiber for his dedication and leadership during his tenure, it reassures stakeholders that the Board remains compliant with the required governance standards. The company has indicated that the search for a permanent Chief Executive Officer is ongoing, signaling a strategic approach to leadership amidst this transition.

The Future Ahead

Freightos has a mission to enhance efficiency and agility within global trade, working with a diverse range of clients from small businesses to multinational corporations. The digital platform offers various tools and solutions — from pricing and quoting to shipment management and payments — making the trade process streamlined and user-friendly. This adaptability and commitment to customer service are critical as Freightos navigates this transition period in leadership.

Dr. Schreiber's departure may raise questions about the direction the company might take. However, the Board is steadfast in its mission to support the digitalization of freight logistics, ensuring seamless connections among all market participants. With the company’s strong foundation and innovative technologies, Freightos is poised to maintain its leadership role in transforming the freight sector.

About Freightos

Founded with the intent to revolutionize the freight industry, Freightos has become synonymous with operational excellence and innovation. Their platform, which facilitates booking, management, and various payment processes, stands as a testament to their strategic foresight in an industry ripe for evolution. With services catering to diverse needs, from Freightos Enterprise designed for large importers/exporters to the Freightos Marketplace for smaller businesses, they ensure that their digital infrastructure supports all users effectively.

The company also provides vital real-time data through its Freightos Terminal, which includes indices for air and container shipping rates, thus further enriching the shipping experience for clients. As they continue to uphold these values, the departure of a notable board member like Dr. Schreiber will likely lead to adjustments that align with future goals.

In summation, while Dr. Zvi Schreiber has chosen to step down, the commitment of Freightos to optimize freight logistics remains unwavering. Stakeholders can anticipate an evolution of leadership that aims to enhance service offerings further and strengthen Freightos' position in the global market.

For more updates and inquiries, please visit Freightos' Investor Relations.