Feb. 23 at 3:15 PM
$CRGO my guess is that Zvi left the Board of Directors because, as the second largest shareholder, he wants to be free to gradually sell off his shares without the restrictions, scrutiny, visibility, and reporting requirements that being on the Board entails.
Zvi is the second largest shareholder of CRGO, according to periodic SEC filings.
Despite the stock price’s long underperformance following SPAC, the company was executing on targets, and continues to. But the earnings report minus a CEO was missing spark, and all forward looking statements seemed hollow without the appointment of a new CEO backing them up and replacing Zvi.
Zvi probably left because he’s a serial entrepreneur, and the quotidian demands of running a small business with a fixed cash ramp that he had no prospects to expand immediately were starting to bore him. He must’ve been thinking of new ideas for a long time, and he probably wanted to leave and develop them. 
