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Chicago Climate Exchange, Inc. (CCX®) Chairman Dr. Richard L. Sandor received Ernst & Young’s Entrepreneur of the Year 2009 Award in the “green” category in the Midwest region in a ceremony in Chicago Friday night. The award recognizes his contributions to support the local economy through building and leading a dynamic, growing business.
“We are proud to recognize the achievements of Richard Sandor,” said Randy Tavierne, Ernst & Young, Strategic Growth Markets Leader. “Winners of the Entrepreneur of the Year award build leading businesses and contribute significantly to the strength of our region’s economy. Their success helps our area grow stronger.”
>Sandor is Chairman of CCX and Executive Chairman of Climate Exchange plc, a publicly traded company listed on the AIM division of the London Stock Exchange (CLE.L). CCX also launched the Chicago Climate Futures Exchange (CCFE®), a CFTC-regulated futures exchange that offers standardized and cleared futures and options contracts on emission allowances and other environmental products, the world's first environmental derivatives exchange.
“I am grateful to Ernst and Young for putting this together,” said Sandor. “CCX is honored to be a part of the Chicago community and to contribute to the local economy, to the functioning of financial markets, and to providing cost-effective solutions for achieving environmental goals.”
In August of 2002 Sandor was chosen by Time magazine as one of its "Heroes for the Planet" and he is widely recognized as the principal architect of the interest-rate futures market. Sandor is also a research professor at the Kellogg Graduate School of Management at Northwestern University.
The Ernst & Young Entrepreneur of the Year awards celebrate their 23rd anniversary this year. The program honors entrepreneurs who have demonstrated exceptionality in such areas as innovation, financial performance and personal commitment to their businesses and communities. Sandor was selected for the award by an independent panel of judges.
