Richard L. Sandor serves as the Chairman of the Board & CEO of Environmental Financial Products (EFP), a company that incubated the Chicago Climate Exchange (CCX) and the American Financial Exchange (AFX). He is globally recognized as the 'Father of Financial Futures' and the 'Father of Carbon Trading' for his pioneering work in these fields. TIME Magazine named him a 'Hero of the Planet' in 2002 and a 'Hero of the Environment' in 2007 for his contributions to environmental finance.