ARC Group Worldwide, Inc. announced Mr. Aaron Willman will join the Company’s management team to serve as Chief Financial Officer of the Company. Mr. Willman succeeds R. Brian Knaley, who will leave the Company. Mr. Willman has previously served as General Manager of the Company’s ARC Stamping subsidiary since 2014, also known as Kecy Metal Technologies (“Kecy”). Prior to his affiliation with Kecy in 2013, Mr. Willman was employed by Plante Moran from 2008 to 2012 where he qualified for his CPA credentials and served in their tax, consulting, and audits teams. The effective date for the transition of the Chief Financial Officer position will occur on the earlier of: (i) the first business day following the filing of the Company’s annual report on Form 10-K for the fiscal year ended June 30, 2018; or (ii) September 20, 2018.
RM2 International, Inc. is the owner and operator of the BLOCKPal, a technologically advanced, composite pallet. The Company provides its customers with end-to-end logistics Intelligence Optimization & Tracking (RM2 ELIoT) Internet of Things (IoT) technology for pallet traceability, delivering real-time actionable insights and data to improve the supply chain visibility to the manufacturing and distribution businesses it serves. The BLOCKPal pallets are provided to customers across a range of industries, with a particular focus on those where hygiene and traceability are of critical importance. Its IoT sensor data are transmitted to the cloud via the long-term evolution-machine (LTE-M) network, making visible the pallet's location and condition both indoors and in transit without requiring any additional hardware or information technology (IT) development. The Company's RM2 ELIoT is a cloud-based supply chain intelligence platform. It issues more than 1.5 million pallets annually.