Cox Enterprises Appoints New Leaders to Propel Cleantech Initiatives and Investments

Leadership Changes at Cox Enterprises

Cox Enterprises is forging ahead in the cleantech sector with the recent appointments of Bill Nussey as Senior Vice President and Matt Perkins as Vice President of Cleantech. As leaders in the sustainabilty space, they will enhance Cox's investments, which have already surpassed $3 billion across various innovative cleantech ventures, including plastics recycling and greenhouse agriculture.

Background of the New Leaders

Bill Nussey brings a wealth of experience in scaling companies and fostering growth. With a background as a four-time CEO, he previously led the software firm Silverpop to significant expansion before its acquisition by IBM. Nussey also played a pivotal role at iXL during its initial public offering. Most recently, he has been involved in clean energy through Tech Square Ventures, managing cleantech investments and overseeing a venture fund supported by several major corporations, including Cox. His book, Freeing Energy, reflects his commitment to the clean energy sector. Nussey states, "This is cleantech's moment... great for the planet, and also great for business."

On the other hand, Matt Perkins has an impressive record in cleantech, having co-founded Alaska Renewables, where he developed large-scale renewable energy projects such as wind and solar. His past roles include serving as Chief Product Officer at Rondo Energy and as CMO at 7AC Technologies. Perkins believes in addressing market problems with innovative technology and is excited about the potential for Cox to enhance its portfolio in this dynamic field. He says, "Cox has the businesses and the long-term mindset to do that at scale."

Commitment to Cleantech

With a heritage as a private, family-owned entity, Cox Enterprises operates with a long-term perspective. The company is dedicated to investing in reliable and impactful businesses. Nussey and Perkins are poised to lead the way in evaluating new investment opportunities while guiding existing portfolio companies to growth. According to Shereta Williams, Cox's Executive Vice President of Growth Operations, "Scaling is what Bill and Matt do. Together, they bring valuable experience to grow our existing portfolio and to find what's next."

As part of its strategic plan, Cox continues to seek new opportunities in the cleantech arena, engaging with founders, investors, and partners. This approach aligns with Cox's overarching goal of promoting sustainability while achieving financial success.

About Cox Enterprises

Founded in 1898, Cox Enterprises is a global leader that invests in multiple industries, emphasizing the importance of sustainability and innovation in addressing global challenges. The company remains committed to building a better future for generations to come through its diverse portfolio of businesses, which spans across automotive, mobile, and journalism sectors. Their ongoing investment strategies are tailored to foster pioneering solutions and sustainable practices across various segments.

To learn more about Cox Enterprises and its initiatives, visit CoxEnterprises.com.