FinTech Leaders Larry Leibowitz and Jack Klinck Elected Chair and Vice Chair of Xpansiv Board of Directors

NEW YORK, LONDON, SYDNEY — Xpansiv, the leading market infrastructure provider for the global energy transition, today announced that directors Lawrence (Larry) Leibowitz, and John (Jack) Klinck Jr., have assumed the roles of Chair and Vice-Chair, respectively.

“Larry and Jack’s experience running institutional technology businesses at premier global financial companies make them ideally suited to guide Xpansiv as we continue to build our open-access technology infrastructure for the global energy transition markets,” said John Melby, Chief Executive Officer, Xpansiv. “We appreciate Larry and Jack stepping into their new leadership roles and thank them for their years of invaluable insights and assistance building Xpansiv into the dynamic enterprise it is today.”

Leibowitz has served as Vice Chair since 2015 and Klinck has been a director since 2016. Both Leibowitz and Klinck have deep operational experience and currently serve on a range of technology company boards.

Leibowitz is the CEO of Entrypoint Capital, and was previously Chief Operating Officer, Head of Global Equities Markets, at NYSE Euronext and Chief Operating Officer, Americas Equities, at UBS. He is a director of Enfusion Systems, an asset management SaaS platform, Crux Informatics, a cloud-based data-management platform, and GivingCompass, a non-profit philanthropy technology platform.

Klinck is currently a Senior Advisor at Boston Consulting Group and a Director of the Depository Trust Clearing Corporation (DTCC). He is Chair of the Board of Directors of Best Egg, a consumer financial technology platform, and Cardlytics, a Nasdaq-listed advertising platform. He was previously Executive Vice President and Head of Global Strategy and New Ventures at State Street Corporation, where he founded State Street Global Exchange, the bank’s big data and analytics business, and served as a Vice Chairman at BNY Mellon as CEO of International Operations based in London.

“Advising Xpansiv as it has grown and evolved over the years has been a deeply rewarding endeavor,” said Leibowitz. “I am excited to continue working with the Board and executive team as the company completes its strategic shift to an open, neutral market infrastructure provider, which we think will accelerate the critical, global energy transition.”

“Scaling the global energy transition by developing robust market infrastructure is the challenge that Xpansiv has focused on since its early days,” said Klinck. “I look forward to advising the

team as it deploys the company’s institutional-grade infrastructure at this critical moment when banks, exchange groups, institutional investors, and national governments are entering the energy transition markets.”

About Xpansiv

Xpansiv operates the market infrastructure to rapidly scale the world’s energy transition. The company runs the largest spot exchange for environmental commodities, including carbon credits and renewable energy certificates. It is the premier provider of registry infrastructure for energy, power, and environmental markets. It also operates the largest independent platform for managing and selling solar renewable energy credits in North America.

Xpansiv is a leading provider of transaction and advisory services in global carbon, renewable energy, and energy transition markets through its Carbon Financial Services and Evolution Markets units. It also runs the leading multi-registry, multi-asset environmental portfolio management system and market data service.

Xpansiv’s rules-based markets and infrastructure enable stakeholders to deliver transparent, credible, and auditable environmental claims to address the growing global demand for assurance and accountability on climate action and sustainability performance.

Xpansiv investors include Blackstone Group, Aramco Ventures, Bank of America, Goldman Sachs, Macquarie Group Ltd., S&P Global Ventures, Aware Super, BP Ventures, Commonwealth Bank, and the Australian Clean Energy Finance Corporation.

For more information, please visit Xpansiv.com.

Media Contact:
pr@xpansiv.com