The Board of Directors is currently comprised of eight individuals. Members have operated at senior executive levels at some of the largest major consumer brand FMCG companies in the world and at leading logistics and technology companies, providing them deep insight into the needs of pallet users.
ABOUT RM2
RM2 launched the smart pallet revolution by embedding autonomous IoT sensor technology in its logistically-optimized, hygienic BLOCKPal™ composite pallets. IoT sensor data are transmitted to the cloud via the LTE-M network, making visible the pallet’s location and condition both indoors and in transit without requiring any additional hardware or IT development. RM2 ELIoT®, the Company’s cloud-based supply chain intelligence platform, captures and contextualizes location, temperature, shock, and event data, giving customers end-to-end supply chain visibility and clear, actionable insights in real time. RM2 issues, retrieves, and sanitizes more than 1.5 million of its hygienic IoT pallets annually through a nationwide network of over 30 service facilities in a cost-effective, scalable, and environmentally sustainable pallet pooling system.
1,500,000
Annual Pallet Issues
30
Service Facilities
60,000,000
R&D Investment
BOARD OF DIRECTORS
R. Ian Molson was born and grew up in Montreal, Canada and is currently a director of Cayzer Continuation PCC Ltd, Central European Petroleum Ltd (Deputy Chairman) and JCB Services Limited. From 1999 to 2004, he was deputy chairman of the board and Chairman of the Executive Committee of Molson Inc., a Canadian public corporation founded in 1786. Between 1977 and 1997, he was employed by Credit Suisse First Boston, one of the leading investment banking and securities firms in the world. From 1993 to 1997, he served as co-Head of their Investment Banking Department in Europe, a position which encompassed all corporate finance, corporate advisory, mergers and acquisitions businesses in Europe, Russia, Africa and the Middle East. He graduated from Harvard University (BA Honors) in 1977.
Mr. Cochran has a 30-year demonstrated record of achievement in business and manufacturing operations across the globe. He has run multiple businesses and served in many operational roles whilst with Motorola, Intel, Jabil, and Badger Technologies. He excels at leading large organizations and businesses with complex supply chains across multiple geographies.
Prior to joining RM2, Mr. Cochran was the president of Pono Kokua consulting which worked with private equity on acquisitions and creating wealth in those acquisitions.
Mr. Cochran has engineering degrees from the Missouri University of Science and Technology and received his MBA from Arizona State University’s WP Carey School of Business. He holds certificates in Negotiations and Management from Harvard University’s Schools of Law and Business.
Prior to joining RM2, Mr. Cochran was the president of Pono Kokua consulting which worked with private equity on acquisitions and creating wealth in those acquisitions.
Mr. Cochran has engineering degrees from the Missouri University of Science and Technology and received his MBA from Arizona State University’s WP Carey School of Business. He holds certificates in Negotiations and Management from Harvard University’s Schools of Law and Business.
David Binks brings to the Board 35 years of experience in the logistics and distribution industry, gained through senior Marketing, Sales, Operations and Business Leadership roles, around the World at FedEx Express. Most recently Mr. Binks was concurrently CEO of TNT worldwide and Regional President FedEx Europe, based in the Netherlands. In this role, following the €4.4 billion acquisition of TNT Express by FedEx, Mr. Binks led the individual business units while also preparing and executing the full integration of the two businesses. Since retiring from FedEx in 2018 Mr. Binks has been active in NED roles, consulting, startup investment and book publishing. An Economics graduate from Coventry University, he now resides in Amsterdam.
Richard (“Dick”) Cashin is a significant shareholder of RM2. Mr. Cashin founded One Equity Partners in 2001 and is the President and a member of the Investment Committee.
Prior to founding OEP, Mr. Cashin was with Citigroup Venture Capital from 1980-2000 and served as President from 1994-2000. Mr. Cashin is a Trustee of the American University in Cairo, Boys Club of New York, Brooklyn Museum, Central Park Conservancy, Jazz at Lincoln Center, National Rowing Foundation, and Newport Festivals Foundation. Mr. Cashin is active in inner-city educational initiatives, Row New York’s efforts to build a Norman Foster designed boathouse on the Harlem River, and Harvard fundraising where he has served as Co-Chairman of his Harvard class for over 40 years. In 1976 and 1980, Mr. Cashin was a member of the U.S. Olympic Rowing Teams and was a world champion in 1974. Mr. Cashin is the son of a Foreign Service Officer and grew up in Libya, Ethiopia, Ghana, Indonesia, and Pakistan. He attended Harvard University and graduated in 1975 with a degree in East Asian Studies. Following a one-year fellowship at Trinity College, Cambridge in 1976, he worked at Jardine Matheson in Hong Kong. In 1980, Mr. Cashin completed his M.B.A. at Harvard Business School.
Prior to founding OEP, Mr. Cashin was with Citigroup Venture Capital from 1980-2000 and served as President from 1994-2000. Mr. Cashin is a Trustee of the American University in Cairo, Boys Club of New York, Brooklyn Museum, Central Park Conservancy, Jazz at Lincoln Center, National Rowing Foundation, and Newport Festivals Foundation. Mr. Cashin is active in inner-city educational initiatives, Row New York’s efforts to build a Norman Foster designed boathouse on the Harlem River, and Harvard fundraising where he has served as Co-Chairman of his Harvard class for over 40 years. In 1976 and 1980, Mr. Cashin was a member of the U.S. Olympic Rowing Teams and was a world champion in 1974. Mr. Cashin is the son of a Foreign Service Officer and grew up in Libya, Ethiopia, Ghana, Indonesia, and Pakistan. He attended Harvard University and graduated in 1975 with a degree in East Asian Studies. Following a one-year fellowship at Trinity College, Cambridge in 1976, he worked at Jardine Matheson in Hong Kong. In 1980, Mr. Cashin completed his M.B.A. at Harvard Business School.
Eli Davidai joined Quadrant Management, Inc in 1991 and is a Managing Director. Mr. Davidai has made numerous investments across Central and Eastern Europe, Israel and the United States, where he takes active Board roles. Mr. Davidai previously held Executive level positions at large multinational companies based in Israel. He holds an MBA from Tel Aviv University Recanati as well as a BSC in Industrial Engineering from the Techeniun Institute in Israel and graduated from the Harvard OPM program.
Frances Hodler manages a portfolio of early-stage and growth equity investments on behalf of her family. The portfolio spans the wellness, logistics and medical industries; she serves and observes on a few of the boards. Frances has been involved with RM2 since 2018. She holds a BA in Economics and an MBA from Harvard University. Frances lives in London with her husband and three young children.
Weston Quasha is a Managing Director at Quadrant Management, Inc., a New York-based investment firm with holdings across a diverse set of industries and asset classes. He holds director level positions at several portfolio companies, including Yola Inc., Vantem Global and United Insurance. Prior to joining Quadrant, Weston ran North American investments for Reinet Investments S.C.A., a Luxembourg-listed private equity fund with over $4 billion in assets. Mr. Quasha began his career at Richemont, a global luxury goods firm. He holds an BA in Government from Harvard College.
EXECUTIVE TEAM
Mr. Cochran has a 30-year demonstrated record of achievement in business and manufacturing operations across the globe. He has run multiple businesses and served in many operational roles whilst with Motorola, Intel, Jabil, and Badger Technologies. He excels at leading large organizations and businesses with complex supply chains across multiple geographies.
Prior to joining RM2, Mr. Cochran was the president of Pono Kokua consulting which worked with private equity on acquisitions and creating wealth in those acquisitions.
Prior to joining RM2, Mr. Cochran was the president of Pono Kokua consulting which worked with private equity on acquisitions and creating wealth in those acquisitions.
Mr. Cochran has engineering degrees from the Missouri University of Science and Technology and received his MBA from Arizona State University’s WP Carey School of Business. He holds certificates in Negotiations and Management from Harvard University’s Schools of Law and Business.
Ross has 30 years of finance and accounting experience in a broad range of industries. Having served in executive leadership and board positions within the packaging & containers, livestock identification and monitoring, composite truck body manufacturing and international VoIP telecommunications industries.
Mr. Staffel began his finance and accounting career at General Dynamics within the aerospace division performing audit, price/cost analysis of major avionics and subsystem contracts. He is a member of the American Institute of Certified Public Accountants, Texas Society of Certified Public Accountants and has held leadership roles including Past President of Financial Executives International Fort Worth Chapter and Past President of Association for Financial Professionals Dallas Chapter. Mr. Staffel holds an MBA in Finance from Texas Christian University and a BA in Economics from The University of Colorado at Boulder. He is a Certified Public Accountant, Certified Treasury Professional and Chartered Global Management Accountant.
Mr. Staffel began his finance and accounting career at General Dynamics within the aerospace division performing audit, price/cost analysis of major avionics and subsystem contracts. He is a member of the American Institute of Certified Public Accountants, Texas Society of Certified Public Accountants and has held leadership roles including Past President of Financial Executives International Fort Worth Chapter and Past President of Association for Financial Professionals Dallas Chapter. Mr. Staffel holds an MBA in Finance from Texas Christian University and a BA in Economics from The University of Colorado at Boulder. He is a Certified Public Accountant, Certified Treasury Professional and Chartered Global Management Accountant.
Elizabeth Pauchet has over 30+ years of experience in corporate law and fast-growing companies. She serves on the board of the Doctors Without Borders Foundation (MSFF) and the Financial Commission of the Doctors Without Borders Association (MSF).
Mark Gordon has over 15+ years of experience in extensive supply chain, marketing, and sales in complex, highly competitive markets. In the pallet industry, Mark has worked for both iGPS and CHEP.
COMPANY HISTORY
RM2 was founded in 2007 to develop and bring to market a revolutionary composite pallet and supply chain service platform. Since its inception, the Company has invested more than US $60 million in R&D for pallet manufacturing technology and design.
RM2 USA, Inc., Ownership Statement
RM2 owns and operates a pool of high-quality composite pallets with embedded IoT trackers. The pallets are available for rent from depots throughout the United States and Canada. RM2 pallets are black with yellow and red legs and are clearly labelled as RM2 pallets. RM2 retains ownership of its pallets at all times and never sells pallets with IoT trackers. RM2 pallets must not be bought, sold, traded, exchanged, damaged or destroyed under any circumstances. Stocks of RM2 pallets and pallets under load may be kept and used only by authorized representatives, customers and other users. If stray RM2 pallets arrive at your facility, please call 1-844-779-9858 or email info@rm2.com immediately to arrange transportation and return of these pallets to an authorized RM2 depot. RM2 actively tracks and collects errant pallets to return them to its operating pools.