Zvi Schreiber is using his approximately 6.0% Freightos stake, equal to 3,096,931 ordinary shares, to advocate board and strategy changes. The campaign matters because he seeks a platform-first, high-growth direction, AI alignment and annual director elections, while the board considers whether to put his resolutions to shareholders.

Key Highlights

  • Zvi Schreiber launched the GrowCRGO Shareholder advocacy website on September 9.
  • The proposed governance changes include removing Chairman Dr. Udo Lange and moving to annual director elections.
  • Schreiber sold 20,000 shares at a weighted average $1.6000 on August 17 and 15,000 at $1.4000 on July 15.

His advocacy addresses board composition and leadership, strategic direction, and proposed changes to how directors are elected.

GrowCRGO Sets Out Board Resolutions Schreiber

launched the GrowCRGO shareholder advocacy website on September 9 to present his views and invite shareholders to receive updates. The website is published in his personal capacity, is not affiliated with or endorsed by Freightos (NASDAQ: CRGO), and does not seek proxy authority. On July 8, he gave notice of resolutions seeking Dr. Udo Lange’s removal as chairman and director, a new chair with growth-stage technology experience, and a renewed focus on the Platform segment. Another resolution would amend the Articles to require annual director elections. Through counsel, the board said it intends to consider the request at its next meeting on or before November 4. His reported holdings primarily comprise founder shares and compensation or incentive awards, alongside a small number bought in the open market. He sold 20,000 ordinary shares at a weighted average $1.6000 on August 17 and 15,000 at $1.4000 on July 15.

Schreiber Calls

for Platform-First Growth Schreiber says Freightos’s strategic direction and execution are impairing performance and short-term and long-term shareholder value. He advocates returning to a platform-first, high-growth strategy, aligning the strategy with AI, and changing the board’s composition and leadership. Schreiber is Freightos’s founder and served as its chief executive officer until January 2026. He intends to continue engaging with the board, management, shareholders and other parties, and may support or oppose additional resolutions or director candidates. He may also discuss strategic alternatives with potential acquirers, investors, advisers and other counterparties.