Chicago Climate Exchange, Inc. (CCX®) announced today management title changes and additions to its professional staff.
Satish Nandapurkar, who is currently President of CCX, will add the title of Chief Executive Officer. Mr. Nandapurkar will focus on the daily business operations and growth of CCX and Chicago Climate Futures Exchange® (CCFE®). Dr. Richard Sandor, founder of CCX, will remain Chairman of CCX and continue in his leadership role on new product development, public policy, strategic planning and spokesperson for CCX and CCFE. Dr. Sandor is also Executive Chairman of Climate Exchange plc. (CLE.L), an AIM-listed company which owns CCX and CCFE and the European Climate Exchange, Europe’s leading exchange operating in the European Union Emissions Trading Scheme.
CCX also announced three additions to its professional staff:
Eric Nield as Senior Vice President and General Counsel. In this capacity Mr. Nield will have oversight over all the Exchange’s legal and regulatory functions. Mr. Nield most recently served as Legal Counsel at Credit Agricole Asset Management Alternative Investments, a major fund of funds manager. Prior to joining Credit Agricole he was Head of Legal of the Americas zone for Newedge Financial Inc. a large global derivatives brokerage and broker-dealer firm.
Martin Hollander as International Portfolio Manager. Mr. Hollander’s role is to manage the commercial aspects of all international investments and joint ventures CCX or CLE are involved in. A native of Australia, he has 15 years of experience in investment and portfolio management, and operations. Previously he was Chief Investment Officer/Portfolio Manager at First Peninsula Capital, a Managing Director at Harbor Drive Asset Management, and Chief Operating Officer of Price Asset Management, an affiliate of The Price Group in Chicago.
Brookly McLaughlin as Director of Communications. Most recently Ms. McLaughlin served as Deputy Assistant Secretary for Public Affairs at the U.S. Department of the Treasury and before that as Assistant Communications Director to the U.S. House of Representatives Financial Services Committee.
“These new roles and staff will strengthen the management and operations of CCX and CCFE as our business grows and emissions trading becomes increasingly accepted worldwide as a critical tool for managing environmental challenges,” said Dr. Sandor.