Sammy Saloum

Overview

Sammy Saloum is a Non-Executive Director at Close the Loop Ltd, an Australian company specializing in recycling and packaging solutions. He has over 25 years of experience in omnichannel retail, merchandising, marketing, financial services, and reverse logistics. As CEO of ISP TekServices LLC, he supported major consumer electronics businesses in the U.S. through leading circularity, reuse, and re-manufacture services, culminating in the acquisition of the business by Close the Loop Ltd in 2023. Prior to this, he held senior executive positions with key brick-and-mortar retailers, including RadioShack, CSK Auto, and CompUSA Inc., where he was known for delivering strong revenues and profits and positioning businesses for sustainable growth in both U.S. and international markets. In November 2023, he was appointed as a Non-Executive Director at Close the Loop Ltd, where he continues to contribute his expertise in retail and logistics to the company's strategic direction. His extensive background in consumer electronics and retail operations has been instrumental in driving the company's growth and innovation in recycling and packaging solutions. In his role at Close the Loop Ltd, Saloum brings a wealth of experience in omnichannel retail, merchandising, marketing, financial services, and reverse logistics. His leadership at ISP TekServices LLC, a company acquired by Close the Loop Ltd in 2023, involved supporting major consumer electronics businesses in the U.S. through leading circularity, reuse, and re-manufacture services. Prior to this, he held senior executive positions with key brick-and-mortar retailers, including RadioShack, CSK Auto, and CompUSA Inc., where he was known for delivering strong revenues and profits and positioning businesses for sustainable growth in both U.S. and international markets. Saloum's extensive background in consumer electronics and retail operations has been instrumental in driving Close the Loop Ltd's growth and innovation in recycling and packaging solutions. His appointment as a Non-Executive Director in November 2023 reflects the company's commitment to leveraging his expertise in retail and logistics to enhance its strategic direction and operational efficiency. His contributions continue to be a valuable asset to the company's mission of creating products and packaging that include recyclable and made-from-recycled content, thereby promoting sustainability and reducing waste to landfills.

Investment Focus

• Focus on companies with strong growth potential in recycling and packaging solutions
• Preference for investments in consumer electronics and retail sectors
• Interest in businesses with a commitment to sustainability and environmental impact
• Looking for opportunities in both U.S. and international markets
• Seeking companies with experienced management teams and proven track records

Portfolio Companies