Stephen McComb Joins IncubEx as Senior Vice President
IncubEx, a developer for exchange traded environmental products, services, and technology solutions, is pleased to announce that Stephen McComb has joined as Senior Vice President.
In his role with IncubEx, he will provide strategic and operational support in North American environmental markets including the Western Climate Initiative (WCI), Regional Greenhouse Gas Initiative (RGGI), renewable energy certificates (REC) and renewable fuels, among others. He will report to Dan Scarbrough, IncubEx President and COO.
McComb commented, “I am delighted to join old friends and colleagues in this new chapter for exchange traded environmental markets. I think IncubEx has exceeded expectations and I look forward to helping that trend continue.”
Michael MacGregor, CEO of IncubEx commented, “Steve brings a wealth of experience and expertise in environmental markets and we are thrilled to have him join our management team. Steve shares a common passion and vision for developing these markets and we look forward to working together again.”
McComb served at Intercontinental Exchange from 2010 to 2018, most recently as the Director of North American Environmental Markets. Before joining ICE, he was the Manager of Business Development for Renewable Energy Certificate contracts and Senior Economist with the Chicago Climate Futures Exchange (CCFE). In his role there, he was responsible for product research, design and leading customer facing initiatives in REC and other environmental contracts. Prior to that, McComb helped develop the Chicago Climate Exchange (CCX) offsets program where he expanded the participation base and led development of new offset methodologies.
IncubEx is an incubator for exchange traded products, services, and technology solutions. At its core, IncubEx is a product and business development firm. The company works in conjunction with its global exchange partner, European Energy Exchange (EEX) and Nodal Exchange, EEX’s wholly owned subsidiary in North America, along with other leading service providers and stakeholders to design and develop new financial products in global environmental, reinsurance, and related commodity markets. The company has a specific focus on innovation and continuous improvement of products and services, including technology, trading solutions, and operational efficiencies. The IncubEx team is comprised of former key Climate Exchange executives and other industry veterans and is uniquely positioned to capture these opportunities with its partners. The company was founded in 2016 and currently has offices in Chicago and London.