Blink Charging Co. (NASDAQ: BLNK) (“Blink”), a global leading
manufacturer, owner, operator and provider of electric vehicle (EV)
charging equipment and services, today announced the Blink Board of
Directors has approved changes made to Blink’s executive leadership
team with the appointment of Michael Battaglia, (formerly Chief
Revenue Officer) as Chief Operations Officer; Jim Nemec, (formerly
VP Sales and Business Development) as Chief Revenue Officer; and
Siddhartha Kodgi, (formerly Sr. Director Operations) as Vice
President of Operations. The Company also announced the departure
of Mark Pastrone from his role as Chief Operations Officer.
Following its record Q2 earnings announcement of
nearly $33 million, the strongest in Company history, Blink will
continue to focus on enhancing and building upon its strong
synergies following the acquisition of six companies over the last
three years. Blink will remain committed to driving cost
efficiencies, revenue generation, in-house production, customer
service enhancements, and market share gains.
“These are exciting times for Blink and the
industry, and these leadership moves will enable the Company to
continue its steady growth as we tap into the expertise and skill
sets of these seasoned professionals. We are saddened to see Mark
leave the Company following his long career within our industry,
and we thank him for his contributions and the positive impact he
has had,” said Brendan Jones, President and Chief Executive Officer
of Blink Charging. “We are proud to have Mike, Jim and Siddhartha
lead our efforts delivering exceptional customer experiences and
increased productivity for Blink.”
Mr. Jones continued, “Together, this formidable
team helps solidify us as one company, provides bottom line savings
and is dedicated to building a vertically integrated EV
infrastructure, globally.”
Mr. Battaglia previously served as Blink’s Chief
Revenue Officer (CRO) since December 2022 and will assume the
position of Chief Operations Officer (COO), succeeding the outgoing
Pastrone. Moving forward, Mr. Battaglia will oversee Blink’s sales,
business development and all aspects of operations, playing a vital
role in the Company’s expansion in the U.S. and globally. Prior to
joining Blink, Mr. Battaglia served as Vice President of Sales at
JD Power.
“I am honored to take on this new role during a
time of significant growth for Blink. There is great opportunity
for the Company, and I look forward to working with my colleagues
around the world to help bring Blink to the next level of
excellence in the EV charging market,” said Battaglia. “I remain
hyper-focused and committed to optimizing Blink’s operations, and
to produce quality charging equipment and providing a best-in-class
customer experience.”
Mr. Nemec has served as Vice President of Sales
and Business Development for Blink since 2022, increasing revenues
and building strong relationships in both the private and public
sectors. He previously served as Director of Channel &
Government Sales for SemaConnect, which was acquired by Blink in
2022. In his new capacity, Mr. Nemec will oversee Blink’s global
sales organization, develop go-to-market strategies, and identify
global expansion opportunities.
“Blink has been a leader in the industry, and
I’m excited to have this opportunity to lead and advance our
mission and bring Blink to the next stage of growth. Having worked
side-by-side with Mike and Siddhartha, I look forward to continuing
our team’s success and developing new markets as we advance
electrification around the world,” said Nemec.
Mr. Kodgi has served as Sr. Director of
Operations since 2022, following Blink’s acquisition of
SemaConnect, where he had served since 2015. Prior to the
acquisition, Mr. Kodgi was responsible for managing field services,
design services, production, and supply chain for SemaConnect.
“I look forward to applying my passion for
technology, scaling operations and driving efficiencies in this new
role and to working with my colleagues to continue to lead the
industry in EV charging solutions,” commented Kodgi.
Mr. Pastrone has served as COO for Blink since
December 2022, following its acquisition of SemaConnect and has
played a key role in building synergies and operational
efficiencies for customer service, installation operations, and
charger production. Prior to his role at SemaConnect, Pastrone
worked in the aerospace industry, and led the development of
several commercial space ventures at Orbital Sciences Corporation
including GeoEye, which was acquired by Maxar.
Battaglia, Nemec and Kodgi are part of an
accomplished executive management team, comprised of 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 and a former EV executive at Nissan, Electrify
America and Evgo, along with Ritsaart Van Montfrans, Blink Director
and the former owner and CEO of New Motion; and Harjinder Bhade,
Blink CTO and a 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 global
leader in electric vehicle (EV) charging equipment, has contracted,
sold, or deployed nearly 78,000 charging ports worldwide, many of
which are networked EV charging stations, enabling EV drivers to
easily charge at any of Blink’s charging locations. 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 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 Media Contact Jon Myers
PR@BlinkCharging.com 305-521-0200 ext. 266
Blink Investor Relations
Contact Vitalie Stelea IR@BlinkCharging.com 305-521-0200
ext. 446
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