Former EPA Chief, Gina McCarthy, Joins Pegasus Capital As Operating Advisor
(3BL Media/Justmeans) - Private equity firm Pegasus Capital Advisor has announced it has hired former United States EPA Chief, Gina McCarthy, who will serve as an Operating Advisor to the company. McCarthy has a long track record of public service in the environmental and public health arenas that goes back 30 years and has helped advance clean energy, public transportation and public health goals in the United States.
During her stint at EPA between 2013 and 2017, McCarthy finalized the Clean Power Plan (CPP) which set the first national standards to reduce greenhouse gas emissions for fossil-fuel fired power plants. The CPP was essential to signal the United States were committed to fighting climate change, sparking international support for the adoption of the Paris Climate Agreement.
Under her leadership, EPA also finalized the Clean Water Rule to protect rivers and streams that provide potable wate for 117 million Americans.
Before working as an EPA Administrator, McCarthy had been Assistant Administrator in EPA’s Office of Air and Radiation. Previously, McCarthy had served as the Commissioner of the Connecticut Department of Environmental Protection, where she launched the “No Child Left Inside” initiative to encourage families to spend more time outdoors in natural settings such as state parks.
She also helped design and implement the nine-state Regional Greenhouse Gas Initiative (RGGI), the nation’s first cap and trade program to reduce greenhouse gas emissions for power plants.
On top of all that, she held senior positions in Massachusetts, serving five governors, including Deputy Secretary of the Office of Commonwealth Development and Undersecretary for Policy for the Executive Office of Environmental Affairs.
“Gina has significant experience and expertise that fits very well with the two sectors that Pegasus focuses on, namely Sustainability and Wellness,” Pegasus Founding Partner and Chairman Craig Cogut said in a statement. “Gina adds to our deep and accomplished team of operating and strategic advisors, a key factor in Pegasus’ success as one of the leading middle market private equity firms in these sectors.”
Since leaving the Obama Administration, McCarthy has been serving as a fellow at Harvard’s Kennedy School of Government’s Institute of Politics and as the Menschel Senior Leadership Fellow at Harvard’s T.H. Chan School of Public Health.
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