Freightos shares surge 11.61% intraday after appointing Pablo Pinillos as CEO, citing leadership and growth confidence.

Freightos surged 11.61% in intraday trading following the confirmation of Pablo Pinillos as CEO, effective 16 March. Pinillos, previously CFO since March 2025 and interim CEO since January, was selected after a search evaluating internal and external candidates. The board cited his experience in high-growth tech environments and leadership within Freightos as key reasons for the appointment. Pinillos emphasized disciplined execution, including achieving financial break-even by Q4, and reaffirmed the company’s mission to digitalize global freight. The announcement, coupled with the board’s unanimous confidence in his ability to drive profitable growth, appears to have spurred investor optimism during regular market hours.