Freightos Appoints Pablo Pinillos as Chief Executive Officer and Member of the Board of Directors

Rhea-AI Summary

Freightos (NASDAQ: CRGO) appointed Pablo Pinillos as Chief Executive Officer and board member, effective March 16, 2026. Pinillos, CFO since March 2025 and Interim CEO since January 2026, succeeds founder Zvi Schreiber and will lead the company's global scale-up.

He reiterated a near-term goal of financial break even in Q4 2026 and plans to expand the solutions business, including ocean and procurement management. The company has opened a search for a new CFO.

Positive

• Internal succession promotes continuity: CFO to CEO effective March 16, 2026
• Break-even target set for Q4 2026, providing a clear near-term financial milestone
• Strategic focus on expanding solutions, ocean and procurement management to drive transaction growth

Negative

• CFO vacancy: company is initiating a search for a new Chief Financial Officer

Chief Financial Officer Pinillos succeeds founder Zvi Schreiber to lead the next stage of global scale-up

BARCELONA, Spain, March 12, 2026 /PRNewswire/ -- Freightos Limited (NASDAQ: CRGO), the leading vendor-neutral digital pricing, booking and procurement platform for the international freight industry, today announced that its Board of Directors has appointed Mr. Pablo Pinillos as Chief Executive Officer and a member of the Board of Directors, effective March 16, 2026. Mr. Pinillos, who has served as the company's Chief Financial Officer since March 2025 and as Interim CEO since January 2026, was selected following a search process that evaluated both internal and external candidates.

"The Board is confident Pablo is the right leader to guide Freightos through its next phase of growth," said Udo Lange, Chairman of the Board. "Throughout his tenure as CFO and Interim CEO, Pablo has demonstrated a deep understanding of our business, as well as the strategic and operational discipline necessary to scale Freightos in a complex global market. His experience in high-growth technology environments and his proven leadership within Freightos gave the Board unanimous confidence in his ability to lead the company, shape its next phase of profitable growth, and continue advancing our vision for digitalizing global freight."

"I am honored to be appointed CEO of Freightos and to join the Board of Directors," said Pablo Pinillos. "Leading this talented team is a privilege, and I am fully committed to the monumental task of digitalizing international freight to improve global trade. My focus remains on disciplined execution, delivering on our shorter-term commitments, including reaching financial break even in Q4 of this year, while positioning us for long-term growth. As I shared in our last earnings call, in the near term we will focus on expanding our solutions business, leading our expansion into both ocean and procurement management, as well as deepening our engagement with customers, and converting that momentum into durable transaction growth across the platform. We have built a category-defining platform, and I look forward to building on this as we expand its role across global freight."

With Pablo's appointment, the company is initiating a search for a Chief Financial Officer.

Professional Biography of Pablo Pinillos

Pablo Pinillos brings more than 20 years of global leadership experience across finance, strategy, and operations to his role as CEO. Since joining Freightos as Chief Financial Officer in March 2025, he has served as a key architect of the company's financial strategy and operational rigor, navigating the company through a significant transition year while maintaining strict fiscal discipline.

Prior to Freightos, Mr. Pinillos served as CFO of Coincover, a blockchain software company, and CFO at Bitrise, a DevOps software company, where he led organizational transformations during periods of rapid scale. His professional background is highlighted by a nearly 14-year tenure at Qlik, where he held several senior leadership roles, including VP of Strategic Growth and Business Transformation. At Qlik, his contributions were pivotal in supporting the company's Initial Public Offering (IPO) and its subsequent acquisition by a private equity firm.

About Freightos

Freightos® (NASDAQ: CRGO) is the leading vendor-neutral digital pricing, booking and procurement platform. Airlines, ocean carriers, thousands of freight forwarders, and well over ten thousand importers and exporters connect on Freightos, making world trade efficient,  agile, and 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 businesses of all shapes and sizes around the globe. Products include Freightos Enterprise for multinational importers and exporters, Freightos Marketplace for small importers and exporters, WebCargo and 7LFreight by WebCargo for freight forwarders, WebCargo for Airlines, and Clearit, a digital customs broker.

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. Futures of FBX are traded on CME and SGX.

More information is available at freightos.com/investors

Media Contact
Tali Aronsky
PR Lead, Freightos
tali.aronsky@freightos.com

Investor Contact
Anat Earon-Heilborn
ir@freightos.com

Logo: https://mma.prnewswire.com/media/2319256/4496202/Freightos_Logo.jpg 

 

View original content:https://www.prnewswire.com/news-releases/freightos-appoints-pablo-pinillos-as-chief-executive-officer-and-member-of-the-board-of-directors-302712121.html

SOURCE Freightos

FAQ

Who is Pablo Pinillos and when does he become CEO of Freightos (CRGO)?

Pablo Pinillos becomes CEO of Freightos effective March 16, 2026, and joins the board. According to Freightos, he served as CFO since March 2025 and as Interim CEO from January 2026.

What financial target did Freightos (CRGO) set under new CEO Pablo Pinillos?

Freightos is targeting financial break even in Q4 2026. According to Freightos, this is a near-term commitment while the company scales its solutions and transaction business.

How will Pablo Pinillos change Freightos' strategy after his appointment (CRGO)?

Pinillos plans to expand the solutions business and enter ocean and procurement management. According to Freightos, the focus is on customer engagement and converting momentum into durable transaction growth.

Does Freightos (CRGO) have an open finance leadership role after the CEO change?

Yes. Freightos is initiating a search for a new Chief Financial Officer following Pinillos' promotion. According to Freightos, the company will recruit a successor to fulfill the CFO role.

What experience does Freightos' new CEO Pablo Pinillos bring to CRGO?

Pinillos brings over 20 years of finance and operations experience, including CFO roles at Coincover and Bitrise. According to Freightos, he also held senior leadership at Qlik supporting its IPO and acquisition.