Blink Charging Announces Leadership Transition
Current Blink President & CEO Brendan Jones to Retire
Bowie, MD – Blink Charging Co. (NASDAQ: BLNK), a premier manufacturer and provider of electric vehicle (EV) charging technologies, has announced the retirement of its President & CEO, Brendan Jones. His retirement is set for January 31, 2025, marking the culmination of five years of dedicated service to the company. Following his departure, Jones will continue to lend his expertise to Blink as a board member and executive advisor until July 2025.
Brendan Jones Reflects on His Time at Blink
Brendan Jones made it clear during a recent announcement, “When I joined Blink in early 2020, my plan was to lead the Company for five years. 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.” His leadership over the years has been instrumental in steering the company toward unprecedented growth.
Achievements under Jones’ Leadership
During his tenure, Blink has significantly expanded its market presence. In 2023, the company recorded $140.6 million in revenue, a remarkable increase from $3 million in 2019. This growth underscores Blink's success in tapping into the burgeoning EV market and reflects the hard work contributed by various team members, including Michael Battaglia, who joined the company in 2020 and ascended to the role of Chief Operating Officer (COO). Battaglia has played a crucial role in maintaining this momentum.
About Michael Battaglia
Michael Battaglia's extensive experience spans over 24 years, including key roles at JD Power and Toyota Motor Sales, U.S.A. His deep industry knowledge and understanding of Blink’s operations position him well to lead the company forward. He and his family are moving to the Washington, D.C. area to be nearer to Blink's corporate headquarters in Bowie, MD. Battaglia reflects on this new opportunity, expressing honor in stepping into the role and excitement about the future of Blink in the EV sector.
Company’s Succession Planning Process
Blink's Board of Directors undertook a comprehensive succession planning process to ensure a smooth transition of leadership. This involved a thorough evaluation of potential candidates. Michael Battaglia emerged as the best fit to succeed Brendan Jones, aligning with Blink's long-term strategic objectives. Jones emphasized, “We have been diligently preparing for this leadership change to ensure Blink’s continued success.”
Commitment to Innovation and Growth
As Blink Charging continues to pioneer innovations in the EV charging industry, Battaglia's vision as CEO entails not only maintaining Blink’s current position but also pushing toward new opportunities in electrified transportation solutions. He acknowledges the significant strides made under Jones’ guidance and aims to build upon that foundation, stating, “I look forward to building on this strong foundation.”
Endorsements from the Board
Ritsaart van Montfrans, Chairman of Blink’s Board, praised the board's decision, citing Battaglia’s extensive qualifications and past contributions to the company. He 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.” Moreover, van Montfrans commended Brendan Jones for his impactful leadership and contributions to Blink, which have left a lasting legacy within the organization and the EV industry.
About Blink Charging
Blink Charging Co. (Nasdaq: BLNK) stands as an industry leader in EV charging solutions. The company is committed to fostering the transition to electric mobility through its advanced products and services, which include the Blink Network. This proprietary, cloud-based platform ensures seamless operation, maintenance, and data tracking for EV charging stations. Blink has forged vital partnerships for expanding its services across diverse venues such as commercial locations, healthcare facilities, educational institutions, and beyond.
Frequently Asked Questions
Who will succeed Brendan Jones as CEO of Blink Charging?
Michael Battaglia, currently the Chief Operating Officer, will succeed Brendan Jones as President & CEO effective February 1, 2025.
What significant achievements has Blink Charging accomplished recently?
In 2023, Blink Charging reported an impressive revenue of $140.6 million, reflecting significant growth from $3 million in 2019.
How long will Brendan Jones remain with Blink after his retirement?
Following his retirement, Brendan Jones will serve as a board member and executive advisor until July 2025.
What is Blink Charging’s primary focus in the market?
Blink Charging specializes in electric vehicle charging equipment and services, committing to innovative infrastructure solutions for the electrified transportation sector.
Where is Blink Charging headquartered?
Blink Charging is headquartered in Bowie, MD, which is where Michael Battaglia will be relocating with his family.
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