Blink Charging Announces Retirement of President and CEO Brendan Jones and the Appointment of Michael Battaglia as Successor
August 28 2024 - 10:06AM
Blink Charging Co. (NASDAQ: BLNK) (“Blink” or the “Company”), a
leading global manufacturer, owner, operator and provider of
electric vehicle (EV) charging equipment and services, today
announced that its President & CEO, Brendan Jones, will retire
on January 31, 2025 concluding 5 years of dedicated service.
Following his retirement, Jones will remain involved with the
Company as a board member and executive advisor through July 2025.
Effective February 1, 2025, Michael (Mike) Battaglia, the Company’s
Chief Operating Officer (COO), will be promoted to the role of
President & CEO.
“When I joined Blink in early 2020, my plan was
to lead the Company for five years,” said Brendan Jones. “As that
time approaches, I will officially step down as President and CEO
as part of my planned retirement. However, I will continue to
support Blink as an active Board member and advisor through July
2025.”
Under Jones’ leadership and with Battaglia’s
pivotal role, Blink has experienced remarkable growth. In 2023, the
Company achieved $140.6 million in revenue and generated the
highest gross margin among comparable companies, a significant
increase from $3 million in revenue in 2019. Battaglia, who joined
Blink in 2020 as VP of Sales, was promoted to Chief Revenue Officer
and now serves as Chief Operating Officer. His contributions have
been instrumental in driving this growth.
Before joining Blink, Battaglia accumulated over
24 years of experience in progressively senior roles. This includes
more than 14 years at JD Power, a U.S.-based data analytics and
consumer intelligence company, significant positions at SmartDisk,
a consumer electronics and software solutions company and held
several roles at Toyota Motor Sales, U.S.A. Battaglia and his wife
will be relocating to the Washington, D.C. metro area to be closer
to Blink’s Global Headquarters in Bowie, MD.
Blink’s Board of Directors conducted a thorough
succession planning process, which involved an extensive evaluation
of candidates and alignment with the company’s goals. This process
led to the recommendation of Michael Battaglia by the Nominating
Committee. “We have been diligently preparing for this leadership
change to ensure Blink’s continued success,” Jones added. “Mike has
been a vital part of our growth, contributing across Sales,
Operations, and Strategic Enablement. His deep understanding of our
business combined with his trusted relationships with both the
executive team and external stakeholders make him the ideal
successor. My decision to retire was influenced by the team’s
capability to lead Blink into the future. I have full confidence in
Mike’s ability to collaborate effectively with the other talented
team members and lead Blink to new heights. I am genuinely excited
about the future and the opportunities ahead.”
Mike Battaglia expressed his perspective about
the new role: “I am honored to assume this position and proud of
what our team has accomplished. As we look to the future of the EV
industry, we are optimistic about the opportunities ahead. We
remain committed to advancing Blink’s position as a leading
provider of electrified transportation solutions and innovative
technologies. I am grateful to be part of this great team and
thankful for Brendan’s leadership and vision. I look forward to
building on this strong foundation.”
Ritsaart van Montfrans, Chairman of Blink’s
Board, added: “Mike Battaglia is a seasoned leader with a proven
track record in the EV charging industry. We are confident in his
ability to drive Blink’s growth as we enter this new phase. All of
us at Blink Charging congratulate Brendan on his upcoming
retirement. He has made a positive and indelible mark on the EV
industry, and his contributions to Blink have been invaluable. We
value his contribution to building a strong team, including Mike,
who is exceptionally well-positioned to lead Blink into the
future.”
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About Blink Charging
Blink Charging Co. (Nasdaq: BLNK) is a global
leader in electric vehicle (EV) charging equipment and services,
enabling drivers, hosts, and fleets to easily transition to
electric transportation through innovative charging solutions.
Blink’s principal line of products and services include Blink’s EV
charging network (“Blink Network”), EV charging equipment, and EV
charging services. The Blink Network utilizes proprietary,
cloud-based software that operates, maintains, and tracks the EV
charging stations connected to the network and the associated
charging data. Blink has established key strategic partnerships for
rolling out adoption across numerous location types, including
parking facilities, multifamily residences and condos, workplace
locations, health care/medical facilities, schools and
universities, airports, auto dealers, hotels, mixed-use municipal
locations, parks and recreation areas, religious institutions,
restaurants, retailers, stadiums, supermarkets, and transportation
hubs.
For more information, please visit
https://blinkcharging.com/
Forward-Looking Statements
This press release contains forward-looking
statements as defined within Section 27A of the Securities Act of
1933, as amended, and Section 21E of the Securities Exchange Act of
1934, as amended. These forward-looking statements, and terms such
as “anticipate,” “expect,” “intend,” “may,” “will,” “should” or
other comparable terms, involve risks and uncertainties because
they relate to events and depend on circumstances that will occur
in the future. Those statements include statements regarding the
intent, belief or current expectations of Blink Charging and
members of its management, as well as the assumptions on which such
statements are based. Prospective investors are cautioned that any
such forward-looking statements are not guarantees of future
performance and involve risks and uncertainties, including those
described in Blink Charging’s periodic reports filed with the SEC,
and that actual results may differ materially from those
contemplated by such forward-looking statements. Except as required
by federal securities law, Blink Charging undertakes no obligation
to update or revise forward-looking statements to reflect changed
conditions.
Blink Media Contact Nipunika
CoePR@BlinkCharging.com305-521-0200 ext. 266
Blink Investor Relations
Contact Vitalie Stelea IR@BlinkCharging.com305-521-0200
ext. 446
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