Board & Management Team

Greg Toll

Non Executive Chair

Appointed director of Close the Loop in 2017.

Before joining Close the Loop, CEO and Executive Chairman of Clean TeQ Holdings (ASX: CNQ) – appointed as CEO in 2007 then to the chair role, which he held until November 2013

Holds a bachelor of science (veterinary) degree with first class honours and is a graduate of the AICD.

Joe Foster

Group CEO

More than 40 years experience in the flexible packaging industry, with experience in engineering, production, technical, sales and marketing.

Global view of packaging world due to running own businesses spanning across countries in multiple continents.

Fellow of the Australian institute of Packaging and Co-Founder of O F Packaging.

Marc Lichtenstein

CFO

Joined Close the Loop in 2017 as CFO.

Has led and worked in a number of senior roles in range of listed and private companies across a wide range of industries for more than 25 years.

Extensive experience in leading business through significant periods of change.

Chartered Accountant, Chartered Secretary and Graduate of the AICD.

Lawrence Jaffe

Executive Director

Chief Commercial Officer

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 the Stock Exchange and now Strategic Director for the Group.

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

Grant Carman

Non- Executive Director

Over 30 years experience in corporate finance.

Previous roles 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.

Currently Non- Executive Director of RPM Automotive Group (ASX: RPM).

Sammy Saloum

Non- Executive Director

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 TekServices LLC, Sammy supported some of the world’s largest consumer electronics businesses through leading circularity, reuse and re-manufacture services in the US, culminating in the acquisition of the business by Close the Loop Ltd in 2023. Prior to this, Sammy served in Sr. level executive positions with key brick and mortar retailers including RadioShack, CSK Auto and CompUSA Inc. He has a reputation for delivering strong revenues and profits, and positioning existing businesses for sustainable growth in both US and International markets.

Michael Welton

CEO of North America

Michael is an industry veteran with over 30 years’ experience in sustainability. Previously, as President of Environmental Reclamation Services (ERS), he led the growth of the company to U$50 million in annual revenue in under eight years, culminating in its acquisition by Clover Imaging Group in 2009. As an executive member of Clover Imaging Group, Michael managed global recyclables collections as well as its eCommerce platforms.

Michael holds a bachelor’s degree in computer science and mathematics from Gannon University in Erie, PA.

Tom Ogonek

CEO of Close the Loop Plastics Recycling USA

Joined Close the Loop in 2011 and oversees all aspects of global operations.

More than 20 years of operations experience and environmental industry perspective and is responsible for driving continuous improvement of operating efficiencies and facility management in all global operating centres.