Freightos founder Schreiber calls for a reorganization of the board and a change in strategy.
by Web Administrator
Sep 10, 2026 10:30
Zvi Schreiber, founder of Freightos, has initiated a shareholder advocacy campaign aimed at restructuring the company's board and refocusing on platform-led growth due to concerns over declining momentum under its current strategy. Holding a 6.1% stake, Schreiber argues that prioritizing immediate profitability has hindered revenue growth, evidenced by a 60% drop in share price over the past year. He proposes appointing a new chairman with a tech background, revitalizing the platform business, and strengthening management to restore shareholder value and drive growth.