Charge Enterprises Announces the Appointment of Long-Time Infrastructure, Auto, and Telecommunications Industry Veteran Jacky Wu to its Board of Directors
20 Junho 2023 - 2:35PM
Business Wire
Charge Enterprises, Inc. (Nasdaq: CRGE) (“Charge” or the
“Company”), announced today its Board of Directors has appointed
Jacky Wu as an independent director, effective June 16, 2023. Mr.
Wu’s appointment expands the Board to ten members, six of whom are
independent directors. Mr. Wu is currently the Executive Vice
President and Chief Financial Officer of DigitalBridge Group, Inc.,
a global digital infrastructure investment firm (NYSE: DBRG). Prior
to joining DigitalBridge, Mr. Wu was Executive Vice President and
Chief Financial Officer of Driven Brands, Inc. (NASDAQ: DRVN),
North America’s largest automotive aftermarket platform. Prior to
Driven Brands, Mr. Wu was Executive Vice President and Chief
Financial Officer of Xura, Inc (formerly Comverse, Inc.). Prior to
Xura, Mr. Wu spent five years at American Tower Corporation (NYSE:
AMT) where he was Vice President of Finance and Mergers and
Acquisitions. Mr. Wu has over 15 years of experience in the
telecommunications industry, beginning his career at Verizon
Communications, where he served in numerous accounting, finance and
business development roles of increasing scope and responsibility,
including as Director and Chief Financial Officer of Verizon
Digital Services Inc.
Mr. Wu was also a recipient of the 2012 Top 100 Under 50 Diverse
Executive Leader Award. Mr. Wu graduated Summa Cum Laude, Phi Beta
Kappa and with Departmental Honors with both an MBA as well as a
Bachelor of Science in Economics from Tulane University. Mr. Wu
will be a member of the Company’s Audit and Nominating and
Corporate Governance Committees.
“We are pleased to have Jacky join Charge Enterprises board of
directors. He holds valuable expertise and varied skills that will
help drive oversight, growth, and success of our Company,” said
Andrew Fox, Founder, Chairman and CEO of Charge Enterprises.
About Charge Enterprises, Inc. Charge Enterprises, Inc.
is an electrical, broadband and EV charging infrastructure company
that provides clients with end-to-end project management services.
We operate in two segments: Infrastructure, which has a primary
focus on EV charging, broadband and wireless, and electrical
contracting services; and Telecommunications, which provides
connection of voice calls, Short Message Services (SMS) and data to
global carriers. Our vision is to be a leader in enabling the next
wave of transportation and connectivity. By building, designing,
and operating seamless infrastructure for electric vehicles, we aim
to create a future where transportation is clean, efficient, and
connected and to empower individuals, communities, and businesses
to thrive in a more sustainable world. Our plan is to cultivate
repeat customers and recurring revenue by deploying a multi-phased
strategy, initially where investment in the EV charging revolution
is taking place, the nation’s approximately 18,000 franchised auto
dealers.
To learn more about Charge, visit Charge Enterprises, Inc.
Notice Regarding Forward-Looking Information This press
release contains forward-looking statements within the meaning of
the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements reflect current
expectations or beliefs regarding future events or Charge's future
performance. Often, but not always, forward-looking statements can
be identified by the use of words such as "plans", "expects", "is
expected", "budget", "scheduled", "estimates", “potential”,
"continues", "forecasts", "projects", "predicts", "intends",
"anticipates", "targets" or "believes", or variations of, or the
negatives of, such words and phrases or state that certain actions,
events or results "may", "could", "would", "should", "might" or
"will" be taken, occur or be achieved. All forward-looking
statements, including those herein, are qualified by this
cautionary statement. Although Charge believes that the
expectations expressed in such forward-looking statements are based
on reasonable assumptions, such statements involve risks and
uncertainties, and actual results may differ materially from any
future results expressed or implied by such forward-looking
statements. Such risks and uncertainties include the business plans
and strategies of Charge, Charge's future business development,
market acceptance of electric vehicles, the success of Charge’s
retail dealership initiative and the size, scope and success of the
related initial installation projects, Charge's ability to generate
profits and positive cash flow, changes in government regulations
and government incentives, subsidies, or other favorable government
policies, rising interest rates and the impact on investments by
our customers, and other risks discussed in Charge's filings with
the U.S. Securities and Exchange Commission ("SEC"). Readers are
cautioned that the foregoing list of risks and uncertainties is not
exhaustive of the factors that may affect forward-looking
statements. Accordingly, readers should not place undue reliance on
forward-looking statements. The forward-looking statements in this
press release speak only as of the date of this press release or as
of the date or dates specified in such statements. For more
information on us, investors are encouraged to review our public
filings with the SEC, including the factors described in the
section captioned “Risk Factors” of Charge’s Annual Report on Form
10-K filed with the SEC on March 15, 2023, as well as subsequent
reports we file from time to time with the SEC which are available
on the SEC's website at www.sec.gov. Charge disclaims any intention
or obligation to update or revise any forward- looking information,
whether as a result of new information, future events or otherwise,
other than as required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20230620536362/en/
Investors Christine Cannella
(954) 298-6518 Ccannella@charge.enterprises
Kevin McGrath (646) 418-7002 kevin@tradigitalir.com
Media: Kristopher Conesa
(305) 975-5934 kconesa@csuitepr.com
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