Wayne Cochran promoted from COO to CEO at RM2.
Orlando, Florida, February 2025 – RM2 International, Inc. (RM2), a market leader in delivering intelligent customer-focused logistics solutions through trackable composite pallets, announced 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, having been appointed in 2023. Kevin Mazula, the former CEO of RM2, has stepped down to pursue other activities.
Wayne Cochran to Lead RM2’s Next Chapter
“We are delighted to welcome Wayne to his new position of CEO and Board member,” said Ian Molson, Chairman. “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.”
“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,” Cochran stated. “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.”
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.
“I have full confidence the company will flourish under Wayne’s leadership,” Mazula said. “His expertise and experience will serve the company, its shareholders, and, most notably, its customers well.”
The company also announced 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.”
$150 Million Infusion in 2023
RM2 International, Inc. previously announced a strategic collaboration with Orion Infrastructure Capital (OIC). The alliance, forged in 2023, aimed to grow RM2’s pallet pooling fleet, answering the needs of current clients. The funds to facilitate this growth come from OIC’s Credit Opportunities Fund III, which was expected to contribute up to $150 million to broaden the scope of RM2’s pallet pooling operations within the U.S.
“We are delighted to be announcing our strategic partnership with OIC and excited to be working with the team on the next phases of expansion for our company,” Kevin Mazula, now former CEO of RM2,” said at the time. “The capital provided by OIC will spearhead the continued rapid growth at RM2, supporting our growing and loyal customer base, providing RM2’s clean, robust, technology-driven solution for a fundamental element in the supply chain.”
“We are thrilled to partner with RM2, an innovator in the logistics industry and a trusted supplier for their customers,” commented Ethan Shoemaker, Investment Partner and Head of Infra Credit at OIC, also in 2023. “This partnership supports OIC’s goal to champion innovative infrastructure through strategic investment partnerships. On behalf of the team, I would like to thank RM2 for choosing to partner with OIC.”
About RM2
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. TRM2 states that its integrated manufacturing and supply-chain management platform positions it as a global next-generation pallet leader versus other legacy alternatives. It is quoted on the Pink Sheets of the OTC Markets under the symbol RMTO. For further information, please visit www.rm2.com.
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Rick LeBlanc, EMBA, is the founder and editor of Reusable Packaging News (subscribe to the free newsletter) and editor of Western Pallet Magazine. A supply chain journalist with more than 30 years of experience, he specializes in pallets, reusable packaging, material handling and related operations. Rick is co-author of Pallets: A North American Perspective and Pallets & Progress: A Collected History of Pallets and Palletized Handling 1922–1945. He is also an advisory board member of the Virginia Tech Center for Packaging and Unit Load Design. Read Rick’s full bio.
