Pexapark Welcomes Martin Fraenkel as Independent Board Chairman to Support Global Growth and Platform Expansion

Pexapark, a leading provider of renewable energy price intelligence, risk management, and market analytics, is delighted to announce the appointment of Martin Fraenkel as its first independent chairman, effective January 2025. 

Currently chair of Vakt, and former President of S&P Global Platts, Martin Fraenkel brings over three decades of leadership experience in global energy markets, commodities, and investment banking. His leadership and expertise will play a pivotal role in steering Pexapark’s expansion and supporting its mission to standardize and bring transparency to renewable energy markets worldwide. 

This appointment marks a significant milestone for Pexapark as it evolves into a global platform for renewable energy stakeholders. Since co-founding the company in 2017, CEO and Co-Founder Michael Waldner has served as both chairman and chief executive officer. With this appointment, Michael will hand over the chairmanship to Martin while continuing as CEO and board member, focusing on scaling Pexapark’s solutions and driving its global strategy. 

Martin Fraenkel

Michael Waldner, CEO of Pexapark, commented:

"I am thrilled to welcome Martin on board. His appointment underscores our commitment to world-class leadership and governance as we advance our mission to empower renewable energy stakeholders. Martin’s deep expertise in data platforms and market transformation will be instrumental as we expand globally.”  

With his extensive experience at S&P Global Platts and as chair of Vakt, Martin has proven how innovative data platforms can reshape industries. His leadership will be key in advancing Pexapark’s goals to enhance data transparency, deliver outstanding customer value, and set a global standard for renewable energy market intelligence. 

Martin Fraenkel, new Chairman of Pexapark, said:

"Pexapark’s vision to create efficient, transparent markets for renewable energy aligns perfectly with the needs of today’s rapidly evolving energy landscape. I am honored to join as chairman and look forward to collaborating with the board, leadership team, and founders to scale the platform, enhance value for clients, and contribute to a sustainable, data-driven future." 

Supporting Pexapark’s Platform Expansion 

Martin Fraenkel’s appointment aligns with Pexapark’s strategic goal to become the leading global platform for renewable energy data, analytics, and risk management. Trusted by over 200 clients – including energy producers, investors, traders, and corporates – Pexapark’s offerings enable stakeholders to navigate the complexities of power markets with confidence. 

This leadership transition underscores Pexapark’s dedication to driving growth, delivering governance excellence, and creating a sustainable future powered by reliable, actionable data. Pexapark’s investors are also pleased to welcome Martin Fraenkel as the new chairman, expressing confidence that his leadership will build upon the company’s strong foundation and lead it into its next chapter of growth and innovation. 

Pexapark | www.pexapark.com