IFCO Group Names Michael Pooley New Chief Executive Officer; Wolfgang Orgeldinger to Retire

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Wed. April 8th, 2020 - by Lilian Diep

MUNICH, GERMANY - Recently, the Advisory Committee of IFCO Group announced a change in its C-suite roster. Wolfgang Orgeldinger will retire from his role as Chief Executive Officer, and Michael Pooley has been appointed his successor. Pooley will take over the responsibilities as CEO effective July 1, 2020.

Michael Pooley, Chief Executive Officer, IFCOAccording to a press release, Pooley is a strategic thinker who has led large scale successful growth and change programs in Brambles and Exova Group. He comes with very relevant experience in the industry within pooling and retail whilst having worked for over 25 years in business management, sales, and operations. Pooley is well-known for his digital knowledge with a focus on track and trace and big data analytics. He graduated in 1990 from the University of Bath with a B. Eng. (Hons) Mechanical Engineering and earned an MBA at the Henley Management College.

Wolfgang Orgeldinger, Former Chief Executive Officer, IFCO“Since I have joined IFCO in December 2000, we have grown the company from a small niche player generating c. €200M ($217M USD) revenues to a global leader in the RPC pooling industry with revenues of more than €1.0B ($1.08B USD),” Orgeldinger commented. “The IFCO team has successfully entered new markets, steadily grown our client base, built-out our product and service offering, and improved our operations. This has led to strong, consistent growth even throughout challenging economic cycles. Within the last year, we have successfully managed the ownership transition and with knowing the IFCO Group is in good hands, it is the right moment for me to retire as CEO. I am excited to further support the company in my new role as Board Member and am looking forward to seeing Michael Pooley and the whole team shaping the next chapter in IFCO’s long-lasting success story.”

Michael Pooley will assume the position of Chief Executive Officer effective July 1, 2020; Wolfgang Orgeldinger will transition to his new role as Board member on the Advisory Committee

Having joined in 2000, Orgeldinger has successfully shaped IFCO over the last 20 years, first as Chief Operations Officer and since 2013 as CEO. He will remain committed and continue to support IFCO Group as he transitions to the Advisory Committee. This transition has been planned well ahead of time in close cooperation between Orgeldinger and the Advisory Committee and is designed to ensure a smooth transition and handover over the next several weeks.

Stephan Förschle, Investment Advisory Professional, Triton“We would like to thank Wolfgang for his outstanding commitment and contribution to IFCO’s success and for his great support over the last 12 months following the ownership transition. Wolfgang has led the development of IFCO over the last 20 years into the leading global Reusable Plastic Crates (RPC) solution provider. We are very grateful that he will continue to support IFCO and our customers as a member of the advisory committee going forward,” Stephan Förschle commented on behalf of the Advisory Committee. “In close collaboration with Wolfgang, we have identified Michael through an extensive search process. We are confident that Michael will successfully continue IFCO’s strategy and foster the company’s profitable growth with innovative products, digital solutions, and best-in-class services with an obsession to meet and exceed our customers’ expectations. Michael knows IFCO and a number of our customers very well from his time at Brambles. He combines operational, technical, and digital skills with commercial thinking and has a strong go-to-market drive.”

Congratulations to Michael Pooley on his recent appointment and we look forward to seeing Wolfgang Orgeldinger succeed in his new position.