Vivienne Cox to chair Climate Change Capital
November 25, 2009
Written by Editor, in Climate Change, Green Investments, Green News
According to the Press Release, “Vivienne Cox, the former Executive Vice-President and CEO of BP Alternative Energy, is to become the chairman of Climate Change Capital, the investment manager and advisory group, it was announced today.
Ms Cox, who became a non-executive director of Climate Change Capital in May last year, said: ”Climate Change Capital has already made a significant contribution to the global carbon, renewables and clean tech markets, and is doing what it set out to do – to finance a reduction in carbon emissions and give investors a decent return. It is a business that is in the right place at the right time and I look forward to working with the board to develop its existing capabilities and new strategies for growth.”
Climate Change Capital CEO Shaun Mays said: “We are extremely pleased that someone of Vivienne’s calibre, with her experience and knowledge of the alternative energy business, should agree to head our board. We look forward to her contributing to the next stage of the development of the business.”
Ms Cox will become chairman on December 1. She takes over from Otto van der Wyck, the founder of two of Europe’s most successful private equity firms, who is stepping down after six years. Also retiring from the board is James Rooney, the president of Kearsange Energy Development Corporation in the US. Mr Rooney will remain chairman of MJ Bradley & Associates LLC, the US strategic environmental consultancy which CCC acquired in 2008, and President of CCC’s US holding company, Climate Change Capital Inc.”
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