Sustainable finance veteran named Chief
Executive Officer
Aspiration, a global business leader in climate solutions, today
announced the appointment of Olivia Albrecht as the company’s new
Chief Executive Officer. She will assume day to day leadership of
the company and will also join Aspiration’s Board of Directors.
Albrecht takes on the role following Aspiration’s co-founder and
CEO, Andrei Cherny. Cherny will retain his position on the board
and remain on as an advisor for Aspiration during the transition
period, following nine years spearheading the company from its
infancy to its current market leading position.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20221013006035/en/
Olivia Albrecht, Chief Executive Officer
of Aspiration. (Photo: Business Wire)
Albrecht joined Aspiration this year as its Chief Sustainability
Officer, leading its carbon markets business, built to deliver
carbon reduction solutions to enterprise clients through high
quality, curated carbon assets with multi-year contracts.
Albrecht’s appointment marks a new chapter for Aspiration, as
the organization accelerates its growth and leadership as one of
the world’s largest providers of carbon assets, enabling
enterprises and individuals to make climate action part of everyday
life. As CEO, Albrecht will continue to build Aspiration’s carbon
origination, project finance, and trading desk, while developing
unique distribution channels across retail, small business, and
large enterprise clients.
“As the world accelerates toward large-scale decarbonization,
the carbon credit markets will play an increasingly important role
in corporate strategy, capital allocation, and consumer
engagement,” said Brian Laibow, Managing Director and Co-Head of
North America for the Global Opportunities strategy at Oaktree
Capital Management, L.P. “We are thrilled with Olivia’s leadership,
building Aspiration’s market-leading position to capitalize on
megatrends generated by the transition to climate neutrality.”
As a core business, Aspiration originates high-quality, bespoke
carbon solutions that go beyond decarbonization with innovative
distribution channels across enterprises and consumers. Growing
demand for carbon assets demonstrates that stakeholders are eager
to incorporate climate action and high-quality carbon credits into
their business models and daily lives. Driven by the rapid growth
of Aspiration’s Enterprise business under Olivia’s leadership,
Aspiration is on track to deliver well north of 200% YoY revenue
growth beating projections.
A sustainable finance veteran, Albrecht, spent ten years at
investment management firm PIMCO, where she was most recently the
Head of ESG Business Strategy. She helped lead a diverse and
integrated team of over 50 investment professionals with more than
$550 billion of sustainable investment assets under management. She
also served as the Global Head of ESG for The TCW Group, building
their ESG investment platform from research and investments to
strategy and policy. Albrecht is an advisor to several companies,
including a carbon accounting software company and geospatial data
companies focused on satellite imagery in tracking, monitoring, and
analyzing sustainability risks.
“We thank Andrei for his tireless dedication building Aspiration
from initial insight to a significant and rapidly growing company,”
said Nate Redmond, Chair of the Aspiration Board of Directors.
“Olivia is precisely the right leader to realize Aspiration’s
compelling vision of the future of carbon. Markets will reward
pioneers that build comprehensive solutions for a net zero world.
Andrei built a talented team at Aspiration that will continue,
under Olivia’s leadership, to achieve the development of innovative
products that are unlocking this rapidly emerging category of
climate solutions."
Aspiration has entered into a merger agreement with InterPrivate
III Financial Partners Inc. (NYSE: IPVF), a publicly-traded special
purpose acquisition company, which, upon closing, will result in
Aspiration becoming a listed company as a Public Benefit
Corporation, building on Aspiration’s existing commitments to
generate social and public good and operate in a responsible and
sustainable manner.
About Aspiration Partners, Inc.
Aspiration is a leading platform driving climate action into
everyday choices from people to businesses. Aspiration, founded in
2013, is a certified B Corp, a member of Project Drawdown, 1t.org,
Climate Pledge and many other critical industry groups dedicated to
accelerating climate action. For more information, visit
Aspiration.com or Aspiration.com/business.
Aspiration Partners, Inc.’s subsidiaries and affiliates include
Aspiration Financial, LLC, a registered broker-dealer and Member
FINRA/SIPC, Aspiration Fund Adviser, LLC, a SEC registered
investment adviser, Aspiration Card Services, LLC (offering credit
services), Aspiration Insurance Agency, LLC (a registered insurance
agency in all 50 States), Make Earth Green Again, LLC, (offering a
standalone Plant Your Change service), and Aspiration Sustainable
Impact Services, LLC (offering business to business services).
About InterPrivate III Financial Partners Inc.
InterPrivate III Financial Partners Inc., led by Chairman &
CEO Ahmed Fattouh, President Nicholaos Krenteras, and Vice Chairman
Sunil Kappagoda, is a blank check company whose business purpose is
to affect a business combination with one or more businesses in the
financial services or fintech sectors. InterPrivate III’s Board of
Directors includes globally recognized financial services leaders
including: former BankOneChairman, John McCoy; former Lucent and
Verifone Chairman, Rich McGinn; Pine Brook founder and former
Warburg Pincus Vice Chairman, Howard Newman; and fintech investor
Gordy Holterman.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20221013006035/en/
Media
Lauren Fernandez press@aspiration.com
Aspiration Investor Relations investors@aspiration.com
Grafico Azioni InterPrivate III Financi... (NYSE:IPVF)
Storico
Da Mag 2024 a Giu 2024
Grafico Azioni InterPrivate III Financi... (NYSE:IPVF)
Storico
Da Giu 2023 a Giu 2024