Business Wire

CNE Direct, Inc. (dba “illumynt”) Announces the Return of Paul Knight as CEO

5.9.2024 21:07:00 CEST | Business Wire | Press release

Share

CNE Direct, Inc. (dba “illumynt”) is pleased to announce the return of Paul Knight as CEO of the global ITAD trading, services and solutions company. Now in its 23rd year of business, this change comes about as part of a restructuring for illumynt to kick off its next phase of strategic growth initiatives. Knight co-founded the business in 2002 and was the company’s CEO for most of its history while serving continuously as Chairman since inception. Knight is making his return as the company pivots towards further global expansion, new service offerings, and a focus on delivering market leading results for its customers and partners.

“I’m excited to be returning as CEO and look forward to working with our world class team and getting the chance to spend more time with our customers and partners around the world to execute our new strategic growth plans,” said Knight.

In addition to Knight’s return the company is also announcing the following actions today:

  • Hiring of a new V.P. of Engineering, Gavin Wilson. Formerly of Reconext. Gavin has over 20-years’ experience developing sophisticated testing, repair, and value recovery solutions for customers globally.
  • Joe Conway has been promoted to the role of V.P. of Solutions. Joe has provided strong leadership in analyzing, pricing, and onboarding large global programs for illumynt, managing cross-functional teams to deliver targeted results.
  • Signing of a strategic engagement with ITAD advisory firm Circular Integrity, led by Founder & CEO Todd Zegers, former Global Vice President of ITAD and Reverse Logistics for Ingram Micro. Circular Integrity will work closely with CNE’s senior management team to accelerate growth and diversification.
  • Expanding our global footprint, illumynt is in the process of opening three new facilities in Franklin, MA, USA, Cork, Ireland, and Thailand.

For more information visit http://www.illumynt.com, or follow us on LinkedIn at https://www.linkedin.com/company/illumynt.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240905738968/en/

Contacts

Paul Knight, 978-490-4812

Paul Knight, 978-490-4812

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

TradingHub Appoints Phil Snow as Chairman13.10.2026 11:00:00 CEST | Press release

TradingHub today announced the appointment of Phil Snow as Chairman, further strengthening the company's leadership as it continues to expand its global presence and invest in innovation across trade surveillance. Phil brings three decades of experience in financial technology, data and analytics, built at FactSet, where he served as Chief Executive Officer from 2015 to 2025. Under his leadership, FactSet more than doubled its revenue, joined the S&P 500 and expanded its products and global presence. The appointment follows TradingHub's recent investment from Nordic Capital and reflects the shared ambition to support the company's next phase of growth while building on the strong foundations established by its leadership team. "Phil is an outstanding appointment for TradingHub, and I am delighted to welcome him as Chairman," said Mike Coats, Chief Executive Officer of TradingHub. "He spent a decade running a global financial data company that serves many of the same institutions we do,

Bregal Milestone Backs Asolvi to Build AI-First Field Service Software for Compliance-Critical Industries13.10.2026 10:00:00 CEST | Press release

Majority investment to bring AI into scheduling, inspection and compliance workflows for Asolvi’s 2,000+ customers, and to fund cloud development and acquisitions across Europe and Latin America Bregal Milestone, a leading European growth private equity firm specialising in software, today announced a majority investment in Asolvi, a provider of field service management (FSM) software for compliance-critical and asset-intensive industries. Bregal Milestone is acquiring its stake from Volpi Capital and Viking Growth. CEO Nick Barnett and the management team are reinvesting alongside Bregal Milestone. Founded in 1991 and headquartered in Trondheim, Norway, Asolvi serves more than 2,000 customers across the UK, DACH, the Nordics, Spain and Latin America. For fire and security installers and utility contractors, Asolvi’s software is the operating system of the business. It schedules engineers, manages maintenance contracts, records inspections, and produces evidence that regulators, insure

Gurobi’s Decision Intelligence Summit Comes to Prague13.10.2026 09:00:00 CEST | Press release

The Gurobi Summit EMEA returns October 13–14 to showcase why optimization is the AI that drives trusted decisions. Gurobi Optimization, LLC, the leader in decision intelligence technology, today unveiled the 2026 Gurobi Decision Intelligence Summit (“Gurobi Summit”) EMEA, taking place October 13–14 in Prague. Following the U.S. version of the event, which took place September 22-23 in Las Vegas, attendees in the EMEA region will gather at the Fantova Budova for two days of innovative use case presentations, in-depth trainings, and expert-led panels. Sessions will highlight how optimization is the most suitable form of AI for delivering actionable, defensible decisions, and how generative AI can break down barriers to entry and help more users apply optimization’s full potential.​ This year’s presentations will include speakers from ALDI, Dutch Railways, Ryanair Labs, SAP, Skydance, and more. Several of Gurobi’s partners will also be present to showcase their solutions and expertise. In

YouHodler Italy Authorised by CONSOB as a Crypto-Asset Service Provider Under MiCA13.10.2026 09:00:00 CEST | Press release

Authorisation covers custody, exchange of crypto-assets for funds and for other crypto-assets, execution of orders and transfer services YouHodler Italy S.r.l., announces that CONSOB, after hearing the Bank of Italy, has authorised it as a crypto-asset service provider (CASP) under Regulation (EU) 2023/1114 (MiCA) and Legislative Decree 129/2024, by resolution no. 24156 of 8 October 2026. The authorisation covers five services: custody and administration of crypto-assets on behalf of clients; exchange of crypto-assets for funds; exchange of crypto-assets for other crypto-assets; execution of orders on behalf of clients; and transfer services for crypto-assets on behalf of clients. With the authorisation, YouHodler Italy serves clients in Italy as a supervised firm under MiCA's client protections: segregation of client crypto-assets, governance and security requirements, pre-contractual information and complaints handling. The company plans to extend its services to all 27 EU Member Sta

Manhattan Wins Kesko Mandate as Nordic Retail Giant Bets on Cloud-Native, AI-Driven Warehousing13.10.2026 09:00:00 CEST | Press release

The race to modernise Europe's grocery supply chains has entered a new phase, with Finnish retail group Kesko selecting ActiveWarehouse™ from leading supply chain and omnichannel commerce solutions provider Manhattan Associates Inc. (NASDAQ: MANH). The Nordic retail giant is replacing its grocery trade legacy warehouse management system with the industry’s leading, cloud-native warehouse management solution, including agentic AI capabilities delivered through ActiveAgents™ and Agent Foundry. For Finland’s second largest grocery brand, and one of the biggest in Northern Europe, the investment reflects the growing strategic importance of operational agility, as digital and physical retail become increasingly interconnected and a broader shift taking place across retail logistics more generally. The scale of Kesko’s grocery trade makes the project noteworthy in Finnish and European retail. In 2025, the division’s net sales amounted to EUR 6.5 billion, and its comparable operating profit w

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye