– USA, CA – Aspiration (NYSE: IPVF), a global business leader in climate solutions, today announced the appointment of Olivia Albrecht to its Board of Directors as CEO, replacing co-founder and CEO, Andrei Cherny who will remain on the board.
“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.” said Chair, Nate Redmond.
About Olivia Albrecht
Olivia 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.
Her 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.
Albrecht spent ten years at investment management firm PIMCO, a sustainable finance veteran, 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.
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,e 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, an SEC-registered investment adviser, Aspiration Card Services, LLC, Aspiration Insurance Agency, LLC , Make Earth Green Again, LLC, and Aspiration Sustainable Impact Services, LLC (offering business to business services).
Aspiration has entered into a merger agreement with InterPrivate III Financial Partners Inc. (NYSE: IPVF), a publicly-traded particular 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 responsibly and sustainably.
For more information: https://www.aspiration.com/
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