Blink Charging Co. (NASDAQ: BLNK, BLNKW) (“Blink”), a global
leading owner, operator and provider of electric vehicle (EV)
charging equipment and services, today announced the Blink Board of
Directors approved three significant additions to Blink’s executive
leadership with the appointment of Michael Battaglia as Chief
Revenue Officer, Mark Pastrone as Chief Operating Officer and Aviv
Hillo, Esq. as Executive Vice President of Mergers and
Acquisitions. These appointments mark an elevated focus towards
Blink’s accelerated growth and meeting the industry’s demand for
reliable charging solutions as EV sales continue to climb.
“I am excited about the growth and viability of
Blink Charging and with these additions to the senior executive
team, I am confident we will meet the challenges ahead and thrive,
having the right people in the right place,” said Michael D.
Farkas, Executive Chairman and Chief Executive Officer of Blink
Charging. “We have identified our needs in order to meet the
growing demands of the EV charging industry and with this
accomplished and unparalleled group of industry experts, Blink will
continue to be a leader in providing EV charging solutions.”
Mike Battaglia has served as Sr. Vice President
of Sales and Business Development for Blink since December 2020. He
will assume the position of Chief Revenue Officer, a position not
currently filled, and will play a vital role in the company’s
growth. In this capacity, Mr. Battaglia will oversee Blink’s global
sales organization, develop go-to-market strategies, and identify
new overseas expansion opportunities. Prior to joining Blink, Mr.
Battaglia served as Vice President of Sales at JD Power. Mr.
Battaglia earned his Bachelor of Science in Finance from the Boston
College Carroll School of Management.
“I am tremendously excited to lead our talented
group of global business development and sales professionals as we
pursue our aggressive company revenue targets. Our goal is to
create an efficient, customer-focused sales organization that
effectively capitalizes on EV charging market opportunities in
every region we serve,” says Battaglia.
Mark Pastrone has served as Chief Operating
Officer (COO) of the Company’s subsidiary SemaConnect, acquired in
June 2022, where he played a key role in building the company’s
sales, service, technology, and production capabilities. Mr.
Pastrone will now serve as COO for Blink as the two companies align
all operational activities. In his new role he will focus on
achieving synergies and operational efficiencies for Customers
Service, Installation Operations, and Charger Production. Prior to
his role at SemaConnect, Mr. Pastrone worked in the aerospace
industry, and led the development of several commercial space
ventures at Orbital Sciences Corporation including GeoEye, acquired
by Maxar. Mr. Pastrone earned a B.S. degree in Electrical
Engineering and a Masters in Electrical Engineering from Stanford
University. He also holds an M.B.A. from Harvard Business
School.
Pastrone commented, “Blink is a growing US and
Global company that now operates in 25 countries. Our goal is to
create best in class process and procedures that will continue to
support Blink’s position as a dominate global player for all
different types EV Chargers, Services and Business Models.”
The Board also approved the appointment of Aviv
Hillo, Esq. as Executive Vice President of Mergers and
Acquisitions, in addition to his role as Blink’s General Counsel.
Mr. Hillo has served as General Counsel since June 2018, and in
addition to those duties will focus on the company’s M&A
strategies as Blink continues to expand its leading position in the
market. Prior to joining Blink, Mr. Hillo was a partner at New York
and Israeli boutique law firms (Schechter Hill and Yerushalmi &
Associations), had several positions as General Counsel and was a
co-founder, and Deputy CEO in an Israeli-American Laser tech
entity. Mr. Hillo graduated from the Tel Aviv School of Law in
1993, and received his Master’s Degree (cum laude) in Banking,
Corporate and Finance Law at Fordham School of Law in 2001. He was
admitted to the Israeli Bar in 1994 and to the New York State Bar
in 1999.
“While we continue our amazing growth, both
organic and via acquisitions, I am excited to contribute to the
company’s actions and strategies for M&A. Blink has a deep and
successful history in acquiring other EV Charging companies. We
will continue to be inquisitive towards the industry while focusing
on the company’s growth and expansion the company,” said Hillo.
“As the EV industry continues to grow at an
amazing rate, the Board recognized the need to enhance and expand
on Blink’s leadership at the highest level,” said Cedric Richmond,
former Congressman and Blink Charging Board Member. “The Board has
full confidence with the assembled leadership team and the industry
as a whole will benefit from the amassed talent and experience they
offer.”
###
About Blink Charging
Blink Charging Co. (Nasdaq: BLNK, BLNKW), a
leader in electric vehicle (EV) charging equipment, has deployed
nearly 59,000 charging ports across 25 countries, many of which are
networked EV charging stations, enabling EV drivers to easily
charge at any of Blink’s charging locations worldwide. Blink’s
principal line of products and services includes the Blink EV
charging network (“Blink Network”), EV charging equipment, EV
charging services, and the products and services of recent
acquisitions, including SemaConnect, Blue Corner and BlueLA. The
Blink Network uses proprietary, cloud-based software that operates,
maintains, and tracks the EV charging stations connected to the
network and the associated charging data. With global EV purchases
forecasted to rise to 10 million vehicles by 2025 from
approximately 2 million in 2019, 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://www.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 our
estimate of U.S. charger production and those described in Blink
Charging’s Q3 2022 Form 10-Q and other 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 Investor Relations
Contact IR@BlinkCharging.com 855-313-8187
Blink Media
Contact PR@BlinkCharging.com
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