Appointment of CEO
RM2 International (OTC: RMTO) has announced the appointment of Wayne Cochran as Chief Executive Officer and Board member, effective January 23, 2025. Cochran, who previously served as Chief Operating Officer since July 2023, succeeds Kevin Mazula. The company, a leader in trackable composite pallets and logistics solutions, highlights Cochran's 18-month operational experience with RM2 and his background in business development, manufacturing operations, and technology development.
The company has also initiated a strategic review of operations to optimize customer service and capitalize on market opportunities. Stakeholders have expressed support for RM2's customer growth initiatives and product development plans. RM2's smart pallet solution is currently approved for Walmart and its suppliers, serving select Fortune 500 customers.
RM2 International (OTC: RMTO) ha annunciato la nomina di Wayne Cochran come Amministratore Delegato e membro del Consiglio, con effetto dal 23 gennaio 2025. Cochran, che ha precedentemente ricoperto il ruolo di Direttore Operativo da luglio 2023, succede a Kevin Mazula. L'azienda, leader nei pallet compositi tracciabili e nelle soluzioni logistiche, sottolinea l'esperienza operativa di 18 mesi di Cochran con RM2 e il suo background nello sviluppo commerciale, nelle operazioni di produzione e nello sviluppo tecnologico.
L'azienda ha inoltre avviato una revisione strategica delle operazioni per ottimizzare il servizio clienti e sfruttare le opportunità di mercato. Gli stakeholder hanno espresso supporto per le iniziative di crescita della clientela e i piani di sviluppo prodotto di RM2. La soluzione di pallet intelligenti di RM2 è attualmente approvata per Walmart e i suoi fornitori, servendo clienti selezionati della Fortune 500.
RM2 International (OTC: RMTO) ha anunciado el nombramiento de Wayne Cochran como Director Ejecutivo y miembro de la Junta, con efecto el 23 de enero de 2025. Cochran, que previamente se desempeñó como Director de Operaciones desde julio de 2023, sucederá a Kevin Mazula. La empresa, líder en palets compuestos rastreables y soluciones logísticas, destaca la experiencia operativa de 18 meses de Cochran en RM2 y su trayectoria en desarrollo de negocios, operaciones de manufactura y desarrollo tecnológico.
La empresa también ha iniciado una revisión estratégica de las operaciones para optimizar el servicio al cliente y capitalizar oportunidades en el mercado. Los interesados han expresado su apoyo a las iniciativas de crecimiento de clientes y a los planes de desarrollo de productos de RM2. La solución de palets inteligentes de RM2 está actualmente aprobada para Walmart y sus proveedores, sirviendo a clientes seleccionados de Fortune 500.
RM2 International (OTC: RMTO)는 Wayne Cochran을 최고경영자 및 이사로 임명했다고 발표했으며, 이는 2025년 1월 23일부터 유효합니다. Cochran은 2023년 7월부터 최고운영책임자로 재직했으며, Kevin Mazula의 뒤를 이어 취임하게 됩니다. 이 회사는 추적 가능한 복합 파렛트 및 물류 솔루션의 선두주자로, Cochran이 RM2와 함께한 18개월의 운영 경험과 비즈니스 개발, 제조 운영 및 기술 개발 분야의 배경을 강조합니다.
회사는 또한 고객 서비스를 최적화하고 시장 기회를 활용하기 위한 운영의 전략적 검토를 시작했습니다. 이해관계자들은 RM2의 고객 성장 이니셔티브와 제품 개발 계획을 지지한다고 표현했습니다. RM2의 스마트 파렛트 솔루션은 현재 Walmart와 그 공급업체를 위해 승인되어 있으며, 선정된 Fortune 500 고객에게 서비스를 제공합니다.
RM2 International (OTC: RMTO) a annoncé la nomination de Wayne Cochran en tant que Président-Directeur Général et membre du Conseil d'Administration, avec effet au 23 janvier 2025. Cochran, qui a précédemment occupé le poste de Directeur des Opérations depuis juillet 2023, succède à Kevin Mazula. L'entreprise, leader dans le domaine des palettes composites traçables et des solutions logistiques, met en avant l'expérience opérationnelle de 18 mois de Cochran chez RM2 ainsi que son parcours en développement commercial, opérations de fabrication et développement technologique.
L'entreprise a également lancé un examen stratégique de ses opérations pour optimiser le service client et tirer parti des opportunités de marché. Les parties prenantes ont exprimé leur soutien aux initiatives de croissance de la clientèle et aux plans de développement de produits de RM2. La solution de palettes intelligentes de RM2 est actuellement approuvée pour Walmart et ses fournisseurs, desservant certains clients de la liste Fortune 500.
RM2 International (OTC: RMTO) hat die Ernennung von Wayne Cochran zum Chief Executive Officer und Vorstandsmitglied bekannt gegeben, die am 23. Januar 2025 wirksam wird. Cochran, der seit Juli 2023 als Chief Operating Officer tätig war, tritt die Nachfolge von Kevin Mazula an. Das Unternehmen, das führend im Bereich der verfolgbaren Verbundpaletten und Logistiklösungen ist, hebt die 18-monatige operative Erfahrung von Cochran bei RM2 sowie seinen Hintergrund in den Bereichen Geschäftsentwicklung, Produktionsbetrieb und Technologieentwicklung hervor.
Das Unternehmen hat auch eine strategische Überprüfung der Abläufe eingeleitet, um den Kundenservice zu optimieren und Marktchancen zu nutzen. Die Interessengruppen haben ihre Unterstützung für die Wachstumsinitiativen von RM2 sowie die Produktentwicklungspläne zum Ausdruck gebracht. Die intelligente Palettenlösung von RM2 ist derzeit für Walmart und dessen Lieferanten genehmigt und bedient ausgewählte Fortune 500-Kunden.
- Strategic review initiated to enhance market position and operations
- Walmart-approved smart pallet solution indicates strong market validation
- New CEO brings relevant operational and business development experience
- Stakeholder alignment supporting growth initiatives and product development
- CEO transition may cause temporary leadership adjustment period
- Strategic review suggests potential operational challenges requiring address
ORLANDO, FL / ACCESS Newswire / January 27, 2025 / RM2 International, Inc. ("RM2" or the "Company") (OTC Markets:RMTO), a market leader in delivering intelligent customer-focused logistics solutions through trackable composite pallets, announces that industry veteran Wayne Cochran has been promoted to Chief Executive Officer and named a member of the Board of Directors of the Company effective as of January 23, 2025. Mr. Cochran was previously the Chief Operating Officer of RM2. Kevin Mazula, the former CEO of RM2, has stepped down to pursue other activities.
R. Ian Molson, Chairman, said: "We are delighted to welcome Wayne to his new position of CEO and Board member. Wayne has been deeply involved in the operations of the Company since joining over 18 months ago. Armed with that experience, he is well-positioned to lead RM2 into its next chapter. I would like to thank Kevin for his seven years of service to the Company. We wish him well for the future."
Wayne Cochran stated, "I am delighted to take on this new role. The existing management team is strong and ready to bring the Company to the next stages of growth. I would like to thank the Board for their expression of confidence in naming me CEO and for welcoming me to the Board of Directors."
Wayne Cochran was hired by RM2 as COO in July 2023. He has demonstrated achievement in business development and operational execution, P&L ownership, manufacturing operations, technology development, new product introduction and programs with complex supply chains across multiple geographies. Wayne holds an MBA from Arizona State University's WP Carey School of Business and a BSEE from the Missouri University of Science and Technology.
Kevin Mazula said, "I have full confidence the Company will flourish under Wayne's leadership. His expertise and experience will serve the Company, its shareholders, and, most notably, its customers well."
The Company also announces that it has undertaken a strategic review of operations to ensure it is well-positioned to serve its customers and take advantage of the significant market opportunity for its product. As part of that review, the Company's stakeholders are aligned to support RM2's customer growth initiatives and product development plan.
Notes to Editors
RM2 International, Inc. is a market leader in delivering intelligent customer-focused logistic solutions. Its specialized ultra-resilient smart pallet is an approved solution for Walmart and its suppliers, and is proving to be the most reliable product for select Fortune 500 customers. The Company's integrated manufacturing and supply-chain management platform positions RM2 to be a global next-generation pallet leader versus legacy wood-based and plastic alternatives. It is quoted on the Pink Sheets of the OTC Markets under the symbol RMTO. For further information, please visit www.rm2.com
Forward Looking Statements
This release includes certain forward‐looking statements and projections. Such statements are subject to risks and uncertainties that could cause results to differ materially from the Company's expectations. While the Company makes these statements in good faith, neither the Company nor its management can guarantee that anticipated future results will be achieved. The Company assumes no obligation to publicly update or revise any forward‐looking statements made herein or any other forward‐looking statements made by its, whether as a result of new information, future events, or otherwise. All forward‐looking statements attributable to the Company or persons acting on behalf of the Company are expressly qualified in their entirety by the foregoing cautionary statements. All such statements speak only as of the date made, and, except as required by law, the Company undertakes no obligation to update or revise publicly any forward‐looking statements, whether as a result of new information, future events or otherwise.
ADDITIONAL INFORMATION
To learn more about the Company, visit our website at: https://www.rm2.com
For additional information regarding the Company please contact by e-mail: info@rm2.com
SOURCE: RM2 International, Inc
View the original press release on ACCESS Newswire
FAQ
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