EVgo Appoints Keefer Lehner as CFO
EVgo Inc. (NASDAQ: EVGO) has announced the strategic appointment of Keefer Lehner as the new Chief Financial Officer, effective January 12, 2026. This transition follows the retirement of Paul Dobson, who has significantly contributed to the company's financial stability. Keefer's extensive background in finance and operations positions him well for this role, especially as EVgo ramps up its efforts to meet growing charging demands nationwide.
Background of Keefer Lehner
Keefer Lehner is not new to the challenges that come with financial leadership in high-growth environments. With nearly 20 years of experience in finance and operations across various sectors, he most recently served as the Executive Vice President and CFO at KLX Energy Services. His role there involved driving strategic growth focused on expanding EBITDA and generating free cash flow.
Prior to his tenure at KLX, Lehner co-founded Quintana Energy Services and played a key role in its IPO and subsequent growth strategy. His career has also encompassed significant roles within investment banking and private equity, making him adept at navigating the complexities of financial management in dynamic industries.
Commitment to Company Growth
The CEO of EVgo, Badar Khan, expressed confidence in Keefer’s ability to develop financial strategies that foster growth and profitability. “Keefer brings substantial experience to the table. His commitment to our strategic initiatives will be invaluable as we accelerate the development of our electric vehicle charging infrastructure,” Khan stated.
Lehner, reflecting on his new role, stated, “I am thrilled to join such a dedicated team. With a strong financial foundation and clear priorities, EVgo can achieve sustainable profitability and deliver long-term value to our stakeholders.”
EVgo’s Financial Outlook for 2025
EVgo has reiterated its financial guidance for 2025, indicating a projected total revenue range between $350 million and $365 million. The company anticipates potential upsides that could push this figure higher, showcasing its commitment to expanding its charging network to meet increasing consumer demand.
For the Adjusted EBITDA, while the baseline reflects a loss between $(15) and $(8) million, there is a forthcoming opportunity to increase this through ancillary revenue streams that are currently under evaluation. This comes as EVgo prepares for significant growth within the electric vehicle market.
About EVgo
As one of the nation's foremost fast charging networks, EVgo operates more than 1,100 fast charging stations spread across 47 states. Its strategic partnerships with major retailers, restaurants, and energy providers facilitate accessible charging solutions nationwide. Furthermore, EVgo continues to advance its technology and charging infrastructure through collaborations aimed at enhancing the EV user experience in the rapidly evolving automotive landscape.
Contact Information for EVgo
For any inquiries, interested parties can reach out for investor relations at investors@evgo.com or for media-related questions at press@evgo.com.
Frequently Asked Questions
What is the main reason for Keefer Lehner's appointment as CFO?
Keefer Lehner’s extensive experience in financial leadership is crucial for EVgo as it undergoes substantial growth and seeks to meet rising EV charging demands.
What is EVgo's revenue outlook for 2025?
EVgo projects total revenue to be between $350 million and $365 million, with potential upsides based on additional growth opportunities.
How many charging stations does EVgo operate?
EVgo currently boasts over 1,100 fast charging stations across 47 states, highlighting its extensive network.
What prior roles did Keefer Lehner hold before joining EVgo?
Keefer Lehner served as CFO at KLX Energy Services and co-founded Quintana Energy Services, allowing him to gain significant experience in financial strategy within the energy sector.
What are EVgo’s strategic priorities moving forward?
EVgo aims to enhance its EV charging infrastructure while ensuring sustainable profitability and long-term value creation for its shareholders.
