Last February we linked to Goldman's investment in APX, "Will carbon-trading happen? Goldman hopes so, backs APX". Ten days later APX announced:
Carol Browner Joins APX's Board of Directors
We somehow missed Ms. Browner capitalizing. We apologize.
Santa Clara, CA - March 10, 2008 - APX, Inc., the leading infrastructure provider for environmental and energy markets, announced today that Carol Browner, former Administrator of the U.S. Environmental Protection Agency, has joined its Board of Directors. Ms. Browner, who has a distinguished career in public service, brings to APX's Board deep expertise in environmental policy, including climate change issues.Commenting on Ms. Browner's election to the Board, Brian Storms, APX's Chairman and Chief Executive Officer said: "Carol is one of the world's foremost environmental policy experts and we are honored that she is joining our Board of Directors. APX's ability to attract such well-respected leaders as Carol to our Board underscores the trusted position we have established in supporting the rapidly developing environmental commodities markets. Her extensive experience and global perspective will be a tremendous asset to APX as we look to enhance our position as the leading environmental market infrastructure provider."
She is currently a Principal of The Albright Group LLC, a global strategy firm that she co-founded with former Secretary of State Madeleine Albright and a team of international negotiators and seasoned diplomats. The firm provides strategic counsel to clients around the world. She is also a Principal of Albright Capital Management LLC, an investment advisory firm.
Said Ms. Browner: "The explosive growth in environmental commodities trading will result in a greater need for market oversight. APX's cutting-edge technology provides integrity and transparency, which are essential to the efficient and effective operations of these markets. APX is a world-class environmental infrastructure company with a long history of public private partnership, and I look forward to helping them capitalize on the full potential of these markets."...
HT: Gateway Pundit via Instapundit.