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Blink Charging Announces Retirement of President and CEO Brendan Jones and the Appointment of Michael Battaglia as Successor

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Blink Charging Co. (NASDAQ: BLNK) has announced a significant leadership change. CEO Brendan Jones will retire on January 31, 2025, after five years of service. He will remain as a board member and advisor through July 2025. Michael Battaglia, the current COO, will succeed Jones as President & CEO effective February 1, 2025.

Under Jones' leadership and Battaglia's contributions, Blink has seen remarkable growth, with revenue increasing from $3 million in 2019 to $140.6 million in 2023. Battaglia, who joined Blink in 2020, has played a pivotal role in this growth. The succession plan was carefully executed by the Board of Directors, with Battaglia recommended by the Nominating Committee.

Battaglia brings over 24 years of experience, including 14 years at JD Power and roles at SmartDisk and Toyota Motor Sales. He will relocate to the Washington, D.C. area to be closer to Blink's Global Headquarters in Bowie, MD.

Blink Charging Co. (NASDAQ: BLNK) ha annunciato un importante cambiamento ai vertici. Il CEO Brendan Jones si ritirerà il 31 gennaio 2025, dopo cinque anni di servizio. Rimarrà nel consiglio di amministrazione e come consulente fino a luglio 2025. Michael Battaglia, l'attuale COO, succederà a Jones come Presidente e CEO a partire dal 1 febbraio 2025.

Sotto la guida di Jones e con i contributi di Battaglia, Blink ha registrato una crescita notevole, con i ricavi che sono aumentati da 3 milioni di dollari nel 2019 a 140,6 milioni di dollari nel 2023. Battaglia, che è entrato in Blink nel 2020, ha svolto un ruolo fondamentale in questa crescita. Il piano di successione è stato eseguito con attenzione dal Consiglio di Amministrazione, con Battaglia raccomandato dal Comitato di Nomina.

Battaglia porta con sé oltre 24 anni di esperienza, inclusi 14 anni in JD Power e ruoli in SmartDisk e Toyota Motor Sales. Si trasferirà nella zona di Washington, D.C. per essere più vicino alla sede globale di Blink a Bowie, MD.

Blink Charging Co. (NASDAQ: BLNK) ha anunciado un cambio significativo en el liderazgo. El CEO Brendan Jones se retirará el 31 de enero de 2025, después de cinco años de servicio. Permanecerá como miembro de la junta y asesor hasta julio de 2025. Michael Battaglia, el actual COO, sucederá a Jones como Presidente y CEO a partir del 1 de febrero de 2025.

Bajo el liderazgo de Jones y las contribuciones de Battaglia, Blink ha experimentado un crecimiento notable, con los ingresos aumentando de 3 millones de dólares en 2019 a 140.6 millones de dólares en 2023. Battaglia, quien se unió a Blink en 2020, ha jugado un papel clave en este crecimiento. El plan de sucesión fue ejecutado cuidadosamente por la Junta Directiva, con Battaglia recomendado por el Comité de Nominaciones.

Battaglia aporta más de 24 años de experiencia, incluidos 14 años en JD Power y roles en SmartDisk y Toyota Motor Sales. Se mudará al área de Washington, D.C. para estar más cerca de la sede global de Blink en Bowie, MD.

Blink Charging Co. (NASDAQ: BLNK)는 중요한 리더십 변경을 발표했습니다. CEO 브렌든 존스는 2025년 1월 31일에 은퇴합니다, 5년간의 서비스 끝에. 그는 2025년 7월까지 이사 및 고문으로 남아 있을 것입니다. 현재 COO인 마이클 바탈리아가 2025년 2월 1일부터 존스를 후임하여 사장 및 CEO로 취임합니다.

존스의 리더십 아래와 바탈리아의 기여로, Blink는 2019년 300만 달러에서 2023년 1억 4060만 달러로 수익이 증가하는 놀라운 성장을 이루었습니다. 2020년에 Blink에 입사한 바탈리아는 이러한 성장에 중요한 역할을 했습니다. 후계 계획은 이사회에 의해 신중하게 실행되었으며, 바탈리아는 추천위원회에 의해 추천되었습니다.

바탈리아는 24년 이상의 경험을 갖고 있으며, JD Power에서 14년, SmartDisk 및 토요타 자동차 판매에서의 역할을 포함합니다. 그는 Blink의 글로벌 본사가 있는 메릴랜드주 보위와 더 가까워지기 위해 워싱턴 D.C. 지역으로 이사할 것입니다.

Blink Charging Co. (NASDAQ: BLNK) a annoncé un changement significatif de leadership. Le PDG Brendan Jones prendra sa retraite le 31 janvier 2025, après cinq années de service. Il restera membre du conseil d'administration et conseiller jusqu'en juillet 2025. Michael Battaglia, l'actuel COO, succédera à Jones en tant que Président et PDG à compter du 1er février 2025.

Sous la direction de Jones et avec les contributions de Battaglia, Blink a connu une croissance remarquable, avec des revenus passant de 3 millions de dollars en 2019 à 140,6 millions de dollars en 2023. Battaglia, qui a rejoint Blink en 2020, a joué un rôle clé dans cette croissance. Le plan de succession a été soigneusement exécuté par le conseil d'administration, avec Battaglia recommandé par le comité de nomination.

Battaglia a plus de 24 ans d'expérience, dont 14 ans chez JD Power et des postes chez SmartDisk et Toyota Motor Sales. Il déménagera dans la région de Washington, D.C. pour se rapprocher du siège mondial de Blink à Bowie, MD.

Blink Charging Co. (NASDAQ: BLNK) hat eine bedeutende Veränderung in der Führung angekündigt. CEO Brendan Jones wird am 31. Januar 2025 in den Ruhestand treten, nach fünf Jahren Dienst. Er wird bis Juli 2025 als Vorstandsmitglied und Berater bleiben. Michael Battaglia, der derzeitige COO, wird Jones am 1. Februar 2025 als Präsident und CEO nachfolgen.

Unter Jones' Führung und Battaglias Beiträgen hat Blink ein bemerkenswertes Wachstum erlebt, mit einem Anstieg der Einnahmen von 3 Millionen Dollar im Jahr 2019 auf 140,6 Millionen Dollar im Jahr 2023. Battaglia, der 2020 zu Blink gestoßen ist, hat eine entscheidende Rolle in diesem Wachstum gespielt. Der Nachfolgeplan wurde sorgfältig vom Vorstand umgesetzt, wobei Battaglia vom Nominierungsausschuss empfohlen wurde.

Battaglia bringt über 24 Jahre Erfahrung mit, darunter 14 Jahre bei JD Power und Rollen bei SmartDisk und Toyota Motor Sales. Er wird in die Region Washington, D.C. ziehen, um näher am globalen Hauptsitz von Blink in Bowie, MD zu sein.

Positive
  • Revenue growth from $3 million in 2019 to $140.6 million in 2023
  • Highest gross margin among comparable companies in 2023
  • Smooth leadership transition with internal promotion of experienced COO
  • Retiring CEO to remain involved as board member and advisor through July 2025
Negative
  • None.

Current Blink President & CEO Brendan Jones to Retire on January 31, 2025

Bowie, Md., Aug. 28, 2024 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK) (“Blink” or the “Company”), a leading global manufacturer, owner, operator and provider of electric vehicle (EV) charging equipment and services, today announced that its President & CEO, Brendan Jones, will retire on January 31, 2025 concluding 5 years of dedicated service. Following his retirement, Jones will remain involved with the Company as a board member and executive advisor through July 2025. Effective February 1, 2025, Michael (Mike) Battaglia, the Company’s Chief Operating Officer (COO), will be promoted to the role of President & CEO.

“When I joined Blink in early 2020, my plan was to lead the Company for five years,” said Brendan Jones. “As that time approaches, I will officially step down as President and CEO as part of my planned retirement. However, I will continue to support Blink as an active Board member and advisor through July 2025.”

Under Jones’ leadership and with Battaglia’s pivotal role, Blink has experienced remarkable growth. In 2023, the Company achieved $140.6 million in revenue and generated the highest gross margin among comparable companies, a significant increase from $3 million in revenue in 2019. Battaglia, who joined Blink in 2020 as VP of Sales, was promoted to Chief Revenue Officer and now serves as Chief Operating Officer. His contributions have been instrumental in driving this growth.

Before joining Blink, Battaglia accumulated over 24 years of experience in progressively senior roles. This includes more than 14 years at JD Power, a U.S.-based data analytics and consumer intelligence company, significant positions at SmartDisk, a consumer electronics and software solutions company and held several roles at Toyota Motor Sales, U.S.A. Battaglia and his wife will be relocating to the Washington, D.C. metro area to be closer to Blink’s Global Headquarters in Bowie, MD.

Blink’s Board of Directors conducted a thorough succession planning process, which involved an extensive evaluation of candidates and alignment with the company’s goals. This process led to the recommendation of Michael Battaglia by the Nominating Committee. “We have been diligently preparing for this leadership change to ensure Blink’s continued success,” Jones added. “Mike has been a vital part of our growth, contributing across Sales, Operations, and Strategic Enablement. His deep understanding of our business combined with his trusted relationships with both the executive team and external stakeholders make him the ideal successor. My decision to retire was influenced by the team’s capability to lead Blink into the future. I have full confidence in Mike’s ability to collaborate effectively with the other talented team members and lead Blink to new heights. I am genuinely excited about the future and the opportunities ahead.”

Mike Battaglia expressed his perspective about the new role: “I am honored to assume this position and proud of what our team has accomplished. As we look to the future of the EV industry, we are optimistic about the opportunities ahead. We remain committed to advancing Blink’s position as a leading provider of electrified transportation solutions and innovative technologies. I am grateful to be part of this great team and thankful for Brendan’s leadership and vision. I look forward to building on this strong foundation.”

Ritsaart van Montfrans, Chairman of Blink’s Board, added: “Mike Battaglia is a seasoned leader with a proven track record in the EV charging industry. We are confident in his ability to drive Blink’s growth as we enter this new phase. All of us at Blink Charging congratulate Brendan on his upcoming retirement. He has made a positive and indelible mark on the EV industry, and his contributions to Blink have been invaluable. We value his contribution to building a strong team, including Mike, who is exceptionally well-positioned to lead Blink into the future.”

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About Blink Charging

Blink Charging Co. (Nasdaq: BLNK) is a global leader in electric vehicle (EV) charging equipment and services, enabling drivers, hosts, and fleets to easily transition to electric transportation through innovative charging solutions. Blink’s principal line of products and services include Blink’s EV charging network (“Blink Network”), EV charging equipment, and EV charging services. The Blink Network utilizes proprietary, cloud-based software that operates, maintains, and tracks the EV charging stations connected to the network and the associated charging data. 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://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
Nipunika Coe
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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FAQ

When will Brendan Jones retire as CEO of Blink Charging (BLNK)?

Brendan Jones will retire as CEO of Blink Charging (BLNK) on January 31, 2025.

Who will succeed Brendan Jones as CEO of Blink Charging (BLNK)?

Michael Battaglia, the current Chief Operating Officer, will succeed Brendan Jones as CEO of Blink Charging (BLNK) effective February 1, 2025.

How much revenue did Blink Charging (BLNK) generate in 2023?

Blink Charging (BLNK) generated $140.6 million in revenue in 2023.

What was Blink Charging's (BLNK) revenue growth from 2019 to 2023?

Blink Charging's (BLNK) revenue grew from $3 million in 2019 to $140.6 million in 2023.

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