Blink Charging Announces Leadership Transition
Brendan Jones, Current President & CEO, to Retire
Bowie, MD – Blink Charging Co. (NASDAQ: BLNK), a leading manufacturer and provider of electric vehicle (EV) charging technologies, has announced that its President & CEO, Brendan Jones, will retire. His retirement is scheduled for January 31, 2025, marking the end of five years of dedicated service to the company. After his departure, Jones will continue to support Blink as a board member and executive advisor until July 2025.
Brendan Jones Reflects on His Time at Blink
In a recent announcement, Brendan Jones shared, “When I joined Blink in early 2020, my intention was to lead the company for five years. As that time draws near, I will officially step down as President and CEO as part of my planned retirement. However, I will remain involved with Blink as an active Board member and advisor until July 2025.” His leadership has been vital in guiding the company toward remarkable growth.
Achievements under Jones’ Leadership
During his time at Blink, the company has greatly expanded its market presence. In 2023, Blink reported revenues of $140.6 million, a stunning rise from just $3 million in 2019. This growth highlights Blink's success in capitalizing on the rapidly growing EV market and reflects the hard work of many team members, including Michael Battaglia, who joined in 2020 and has risen to the position of Chief Operating Officer (COO). Battaglia has been instrumental in sustaining this momentum.
About Michael Battaglia
Michael Battaglia brings over 24 years of extensive experience, having held significant roles at JD Power and Toyota Motor Sales, U.S.A. His deep understanding of the industry and Blink’s operations makes him well-suited to lead the company into the future. He and his family are relocating to the Washington, D.C. area to be closer to Blink's corporate headquarters in Bowie, MD. Battaglia expresses his gratitude for this opportunity, stating he feels honored to step into the role and is excited about Blink's future in the EV sector.
Company’s Succession Planning Process
Blink's Board of Directors conducted a thorough succession planning process to ensure a seamless leadership transition. This involved carefully evaluating potential candidates, with Michael Battaglia emerging as the ideal choice to succeed Brendan Jones, aligning with Blink's long-term strategic goals. Jones noted, “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 lead the way in the EV charging industry, Battaglia's vision as CEO is not only to maintain Blink’s current standing but also to explore new opportunities in electrified transportation solutions. He recognizes the significant progress made under Jones’ leadership and aims to build upon that strong foundation, stating, “I look forward to building on this strong foundation.”
Endorsements from the Board
Ritsaart van Montfrans, Chairman of Blink’s Board, commended the board's decision, highlighting Battaglia’s extensive qualifications and contributions to the company. He remarked, “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.” Additionally, van Montfrans praised Brendan Jones for his impactful leadership and the lasting legacy he leaves within Blink and the broader EV industry.
About Blink Charging
Blink Charging Co. (Nasdaq: BLNK) is a leader in EV charging solutions, dedicated to facilitating the transition to electric mobility through its advanced products and services, including the Blink Network. This proprietary, cloud-based platform ensures efficient operation, maintenance, and data tracking for EV charging stations. Blink has established crucial partnerships to expand its services across various venues, including commercial properties, healthcare facilities, educational institutions, and more.
Frequently Asked Questions
Who will succeed Brendan Jones as CEO of Blink Charging?
Michael Battaglia, who currently serves as the Chief Operating Officer, will take over 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, showcasing substantial growth from $3 million in 2019.
How long will Brendan Jones remain with Blink after his retirement?
After his retirement, Brendan Jones will continue 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, focusing on innovative infrastructure solutions for the electrified transportation sector.
Where is Blink Charging headquartered?
Blink Charging is headquartered in Bowie, MD, where Michael Battaglia will be relocating with his family.