Founder & Co-President, Element Markets
Randy Lack has been a successful entrepreneur within the environmental commodity and alternative energy industries for over two decades. In 2005, he founded Element Markets, the leading developer and supplier of environmental commodities in North America, and currently serves as Co-President. Upon founding the company, Mr. Lack served as the Managing Director over the Environmental Commodity division, which is the largest in North America. Under his leadership, Element Markets has been the most decorated firm in the space, including being recognized as “Emissions House of the Year” by Energy Risk an unprecedented four times (2010, 2014, 2018, 2020), in addition to being the inaugural “Environmental Products House of the Year” in 2019. Randy has also guided Element Markets in building the largest independent portfolio of renewable natural gas, including landfill gas, wastewater treatment, and anaerobic digestion sources. His extensive experience in structuring environmental commodity transactions including biogas, emissions, renewable energy, and greenhouse gas credits has eclipsed $3 billion in total transactions completed, which has led him to be recognized as one of the top executives in the environmental commodity marketplace.
Mr. Lack is an acclaimed speaker and media resource in the areas of biogas, renewable energy, greenhouse gas, and emission trading markets. He serves on several boards including Rice University’s Professional Science Master’s Program and was a founding Board Member for the Renewable Natural Gas Coalition. Randy has been recognized with the “40 Under 40” award by Houston Business Journal for his work and leadership in the community. Mr. Lack received his BBA in Business, magna cum laude, from the University of Houston.