Long time industry executive tapped to lead
the innovative electric vehicle charging
company and drive growth globally, expanding Blink's reach and
visibility
MIAMI
BEACH, Fla., May 3, 2023
/PRNewswire/ -- The Board of Directors of Blink Charging Co.
(Nasdaq: BLNK) ("Blink" or the "Company"), a leading manufacturer,
owner, operator, and provider of electric vehicle (EV) charging
equipment and services, today announced that Brendan S. Jones has been promoted to the role
of President and Chief Executive Officer (CEO) for Blink Charging.
Michael D. Farkas will continue to
serve on the board. Mr. Jones joined Blink in April 2020 as the Company's Chief Operating
Officer (COO) and has been serving as its President since 2021
where he has successfully positioned the organization for future
expansion.
Under the leadership and thoughtful direction of Mr. Farkas and
Mr. Jones, Blink has restructured its sales and operations,
building greater efficiencies while focusing on growing the team to
meet the call for a robust EV charging infrastructure around the
world. During Mr. Jones' tenure as COO and President, the Company
has grown from 42 employees to over 625, with plans to continue
growing as EV adoption and infrastructure demand accelerates. Mr.
Jones has successfully launched new global markets and now boasts
operations in 27 countries, with offices and facilities in
the United States, England, Netherlands, Belgium, Israel, and India.
Mr. Farkas, the founder of Blink Charging, served as its Chief
Executive Officer and Executive Chairman and in other executive
management positions since 2009.
Mr. Jones stated, "I'm proud of the incredible team at
Blink and all that we have been able to accomplish for our
customers, hosts and clients, as well as for our shareholders and
employees. As we look at where the industry was and where it is
headed, we are all excited at the opportunity that lies ahead and
extremely optimistic that we have the right team in place, building
on our successes, to not only be a player in the energy transition,
but to lead it on the strength of our innovation, experience, and
continued leadership development."
Mr. Jones continued, "We want to provide our sincere
thanks to Blink's founder, Michael
Farkas, for his vision in building Blink to be the company
it is today. Much has been accomplished under Michael's leadership
and we are deeply grateful for his role. We wish him nothing but
success. As we implement our forward moving strategy, we are well
positioned to continue and accelerate our growth and significant
role in advancing emobility globally, bringing electrification to
more markets and more communities than ever before. I take on this
role with great confidence in our dedicated and passionate people
around the world to build the future of our company."
Brendan Jones joined Blink in
April 2020, following his role as COO
at Electrify America, LLC, where he was the very first employee and
built the company from a startup into one of the largest, ultrafast
EV charging companies in the world.
Prior to Electrify America, Mr. Jones was a Board member and
Vice President OEM Strategy and Business Development at EVgo Inc.
and helped reposition the company from a single subscriber revenue
model to one with multi-million-dollar contracts with automotive
OEMs and established the foundational elements for the rapid
expansion of Fast Charger infrastructure in the U.S.
Ritsaart van Montfrans, Blink Board Member and the
founder of NewMotion, a European leader and pioneer in EV
charging, commented, "Brendan
Jones is a seasoned and trusted leader in the electric
charging industry and is uniquely qualified to lead Blink Charging
into the next phase of its growth. Brendan has made great strides
in developing a strong and effective team that will meet the needs
and demands to build Blink as a global leader in EV charging,
offering the most flexible business models in the industry. With
his demonstrated abilities to build relationships, grow Blink's
market share and effectively innovate in an expanding industry, we
are confident that Brendan will excel as we move into a new chapter
for Blink. He is highly respected among his peers, staff and the
board members and we look forward to his continued success. The
Company's Board has complete faith and confidence in Brendan's
leadership, and we look forward to his, and the Company's,
success as it continues to provide its best-in-class service and
products."
Before joining Blink, Mr. Jones spent 20 years from April 1994 to March
2014 at Nissan North America, the last six of which were in
senior management or director capacities. He was an integral part
of the team working on the Nissan's first electric vehicle, the
Nissan LEAF, which he helped develop into one of the top-selling
battery electric vehicles of all time. He earned a Bachelor of Arts
degree and Master of Arts from George Mason
University. He has previously served on numerous boards and
EV industry committees.
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
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.
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SOURCE Blink Charging