Blink Charging Co. (Nasdaq: BLNK) (“Blink” or the “Company”), a
leading manufacturer, owner and operator of electric vehicle (EV)
charging equipment and services, is pleased to announce the
election of
Kristina A. Peterson, CEO, Mayflower
Partners, a cleantech financial advisory firm, to the Blink Board
of Directors by the Board on April 21, 2023.
Peterson is an experienced public and private
company board member and infrastructure investor with over 25 years
of operating experience in the finance, electric power generation
and tech sectors. She has held senior executive roles at
infrastructure investment and private equity firms including EQT
Partners, Thomson Reuters, Brookfield Asset Management, Brookfield
Renewable Partners, and Terraform Power since 2015, and previously
as CEO, CFO, and other senior management positions at EDF Renewable
Energy, Suntech, and Greenwood Energy from 2007 to 2015. In these
global roles, she has led over $3 billion of equity investments and
operated or constructed and developed over 2.2GW of solar projects.
Prior to that, she financed over $8.5 billion of project finance
debt transactions in the U.S., Asia, Middle East & Africa with
ABN AMRO Bank and Citibank in the energy, infrastructure, and
telecom sectors.
“Kristina is a proven leader who brings a global
operating mindset with her, along with an extensive background
working with electric utilities and independent private power
producers and experience in investment banking and finance," said
Brendan Jones, President and CEO of Blink
Charging. "With her stellar reputation and track record of success,
Kristina will add an essential perspective to the Blink Board, and
we look forward to having her as part of the Blink family.”
Peterson was awarded an MBA in Finance and
Marketing from the University of Chicago Booth School of Business
and completed additional graduate coursework in management at MIT
Sloan School prior to Booth. She received her BS in Finance and
Marketing from Boston University School of Management. She was
named a Board Leadership Fellow by the National Association of
Corporate Directors.
Blink’s Board Member, Ritsaart van
Montfrans, added, "The Board is honored to have Kristina
join us as we continue to grow and develop a strong presence in the
EV charging space. Her depth of experience in corporate governance
and as an executive leader will bring a new dimension to our Board
and serve as a valued asset for the Company."
She has experience in scaling growth companies,
operational turnarounds, M&A, investments in distressed
companies and start-ups from her work with companies headquartered
in Canada, China, France, Greece, the Netherlands, Sweden, UAE,
U.K., and U.S. In these roles, she has successfully led debt
(project, structured, mezzanine, distressed, re-financings) and
raised equity (public and private funds, family offices, angel)
financings for public companies like Brookfield with total assets
under management of over $720 billion and smaller, private
companies as well.
“I’m excited to join Blink and to have the
opportunity to work with a leading innovative company that is
shaping the way we charge EVs and electrify transportation around
the world,” said Peterson. “I look forward to serving on the Blink
Board alongside a distinguished group of business and technology
leaders to help to take it to the next level in such a fast-growing
industry.”
Peterson’s appointment to the Board makes her
the ninth member. She will join as a member of the Board’s ESG
Committee. The Blink Board of Directors, along with its
accomplished executive management team, create an unparalleled
group of industry experts at all levels of management throughout
the Blink organization. The industry as a whole will benefit from
the amassed talent that includes Blink’s President and CEO, Brendan
Jones, along with Ritsaart Van Montfrans, Blink Director and the
former CEO of New Motion; Mahi Reddy, Blink Director and former
founder and CEO of SemaConnect; Michael D. Farkas, the founder and
former CEO of Blink, Michael Battaglia, CRO and automotive and
technology executive; and Harjinder Bhade, Blink CTO and a
co-founder of ChargePoint. This dynamic team of EV industry
leaders, along with the highly experienced Blink senior management,
position Blink as a formidable provider of EV solutions and
establishes Blink as a leader in the industry.
###
About Blink
Charging
Blink Charging Co. (Nasdaq: BLNK), a leader in
electric vehicle (EV) charging equipment, has deployed nearly
66,000 charging ports across 27 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, BlueLA and Envoy.
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 comprise half of passenger cars sold in the
US by 2030, 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 those
described in Blink Charging’s 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 Vitalie Stelea IR@BlinkCharging.com
305-521-0200 ext. 446
Blink Media Contact Jon
Myers PR@BlinkCharging.com 305-521-0200 ext.
266
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