BARCELONA, Spain, Nov. 25,
2024 /PRNewswire/ -- Freightos Limited (NASDAQ:
CRGO), a leading vendor-neutral digital booking and payment
platform for the international freight industry, today announced
that Ran Shalev, Chief Financial Officer, has decided to conclude
his tenure effective December 31,
2024, to pursue another role. The company is in the process
of a search for a successor. In order to ensure continuity, Mr.
Shalev has agreed following his departure to actively assist with
ongoing operations and with handover throughout Q1.
Mr. Shalev has served as Freightos' CFO since 2016, overseeing
the company's financial operations during a transformative period
that included its public listing on Nasdaq, the successful
execution of multiple strategic acquisitions, and consistent growth
in revenue and transaction volumes.
"Ran has been an essential part of Freightos' evolution from a
small, innovative startup to a global leader in digital freight,"
said Zvi Schreiber, CEO of
Freightos. "His leadership has been instrumental in driving
financial discipline, achieving key milestones, including executing
and integrating strategic acquisitions that have expanded our
capabilities and market reach. On behalf of the board and the
Freightos team, I want to thank Ran for his exceptional
contributions and wish him success in his next chapter."
Reflecting on his tenure, Mr. Shalev said, "It has been a
privilege to contribute to Freightos' mission of digitalizing
global freight and to see the company's incredible progress over
the years. With a strong Q3 behind us, I leave the company
well-positioned for continued growth, and with the financial
resources needed to reach breakeven. I have full confidence in the
talented finance team and their ability to keep everything running
smoothly, and to continue the timely and accurate financial
reporting, as the company transitions to a new CFO. I look forward
to supporting a smooth transition as the company continues its
journey and to remaining a friend and shareholder of the
company."
About Freightos
Freightos® (NASDAQ: CRGO) is the leading vendor-neutral global
freight booking platform. Airlines, ocean carriers, thousands of
freight forwarders, and well over ten thousand importers and
exporters connect on Freightos, making world trade faster, more
efficient and more resilient.
The Freightos platform digitizes the trillion dollar
international freight industry, supported by a suite of software
solutions that span pricing, quoting, booking, shipment management,
and payments for global businesses of all shapes and sizes.
Products include the Freightos Marketplace, WebCargo, WebCargo for
Airlines, Shipsta by Freightos, 7LFreight by WebCargo, and
Clearit.
Freightos is a leading provider of real-time industry data via
Freightos Terminal, which includes the world's leading spot pricing
indexes, Freightos Air Index (FAX) for air cargo and Freightos
Baltic Index (FBX) for container shipping.
More information is available at freightos.com/investors.
Media Contact:
Tali Aronsky
press@freightos.com
Investors:
Anat
Earon-Heilborn
ir@freightos.com
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SOURCE Freightos