Close the Loop Limited (ASX:CLG)

Developed a safe and innovative battery collection and recycling solution in Australia.

About Us

Close the Loop first earned the trust of the global imaging industry by designing and managing highly efficient ink and toner take-back, recovery, and reuse programmes. Our partnerships with Fortune 500 companies such as Xerox, Staples, HP, and Konica Minolta attest to our expertise and reliability.

Today, manufacturers of all types turn to Close the Loop to minimise waste and advance a circular economy. We transform items that would normally end up in landfill and oceans into useful commodities, returning them to the supply chain and maximising the value of your resources.

This includes cosmetics, batteries, soft plastics, and more.

If you don’t already have a take-back and recovery program, partnering with us to design a customised solution will ensure you avoid common pitfalls and achieve your sustainability goals effectively.

With strategically located operations centres worldwide, Close the Loop is the clear choice to streamline your existing sustainability initiatives or to develop new ones, to move towards a circular economy.

Board & Management

Gregory Toll

Gregory Toll

Chairman

Greg was appointed a director of Close the Loop in November 2017 and became the chairman of Close the Loop in November 2019.

Before joining Close the Loop, Greg was CEO and Executive Chairman of Clean TeQ Holdings Limited (ASX: CLQ) (now known as Sunrise Energy Metals Limited (ASX: SRL)), where he was appointed as CEO in 2007 then to the chair role, which he held until November 2013. Greg holds a Bachelor of Science (Veterinary) degree with first class honours and is a graduate of the Australian Institute of Company Directors.

Greg is a member of the Board's Audit and Risk Committee and the chair of the Board's Nomination and Remuneration Committee.

Joseph Foster

Joseph Foster

Chief Executive Officer

Joe has more than 40 years' experience in the flexible packaging industry, with experience in engineering, production, technical, sales and marketing.

Joe was the original founder of the packaging business which originated in South Africa back in 1998 and has successfully run his own business in South Africa, Ireland, UK and Australia over the past 26 years, supplying products across Europe, Africa, America and Australia. Joe is a fellow of the Australian Institute of Packaging and a co-founder of the O F Packaging Group.

Joe was a member of the Board's Nomination and Remuneration Committee until 14 December 2023.

Marc Lichtenstein

Marc Lichtenstein

Executive Director & CFO

Marc joined Close the Loop in 2017 as CFO and is a Director of Close the Loop. Marc has been the Company Secretary of Close the Loop since 8 August 2017.

For more than 25 years, Marc has led and worked in a number of senior roles in a range of listed and private companies across a wide range of industries. He has extensive experience in leading businesses through significant periods of change including IPOs, significant capital raises, operational periods of growth and major acquisitions.

Marc is a Fellow of Chartered Accountants Australia & New Zealand (CA ANZ) as well as a Chartered Secretary (FCIS) and Graduate of the Australian Institute of Company Directors. Marc also holds a Bachelor of Business, with distinction, degree from RMIT University.

Marc was a member of the Board's Nomination and Remuneration Committee until 14 December 2023.

Grant Carman

Grant Carman

Non Executive Director

Grant has more than 30 years’ experience in corporate finance. Previous roles have included CFO for ORIX Australia, GM Finance & Shared Services NAB, CEO of National Australia Corporate Advisory, Director of Acquisitions at Ferrier Hodgson CA, and Group Financial Controller at Faulding.

Grant is currently a Non-Executive Director of RPM Automotive Group Limited (ASX: RPM). He holds a B.Ec (Comm) and an MBA from The University of Adelaide and he is a Fellow of Chartered Accountants Australia & New Zealand (FCA).

Grant is the chair of the Board's Audit and Risk Committee and a member of the Board's Nomination and Remuneration Committee.

Lawrence Jaffe

Lawrence Jaffe

Chief Commercial Officer

Lawrence was CEO and Managing Director of RPM Australasia until 2015 and stepped down when the company sold off its largest divisions. He remained on as Non-Executive Chairman until the company listed on ASX and is now Chairman of that group.

In 2016, Lawrence brought together the founders of the O F Packaging Group, becoming CFO and executive chairman.

Lawrence holds a Bachelor of Commerce and Graduate Diploma of Accounting from Rhodes University. Lawrence is a member of the Board's Audit and Risk Committee. Lawrence is currently a Chairman of RPM Automotive Group Limited (ASX: RPM).

Sammy Saloum

Sammy Saloum

Non-Executive Director

Sammy was the chief executive of ISP Tek Services, a leading refurbisher and distributor of consumer electronics based in Texas that the Company acquired full ownership of in April 2023.

For over 25 years, Sammy Saloum has been a leader in omnichannel retail, merchandising, marketing, financial services and reverse logistics. Sammy has developed a global network in all aspects of retail, managing billions of dollars of profitable growth. As CEO of ISP Tek Services, Sammy supported some of the world’s largest consumer electronics businesses through leading circularity, reuse and re-manufacture services in the US. Prior to his involvement with ISP Tek Services, Sammy served in senior level executive positions with key brick and mortar retailers including RadioShack, CSK Auto and CompUSA Inc.

Sammy is a member of the Board's Nomination and Remuneration Committee. Appointed 14 December 2023.

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