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Mike Battaglia Assumes Role as President & CEO to Lead Blink Charging’s Global Growth in EV Infrastructure and Energy Resilience

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Blink Charging (NASDAQ: BLNK) has announced Mike Battaglia as its new President & CEO, following Brendan Jones' planned retirement. Battaglia, previously serving as COO, joined Blink in 2020 as Vice President of Sales and later advanced to Chief Revenue Officer.

Under Battaglia's tenure, Blink's revenue grew significantly from $3 million in 2019 to $140.6 million in 2023, achieving the highest gross margin in its industry among comparable companies. The company's Board of Directors conducted a thorough succession planning process before recommending Battaglia.

Based in Bowie, Maryland, Blink focuses on advancing energy resilience and economic growth through EV infrastructure development. Battaglia brings nearly 30 years of experience from previous roles at JD Power, SmartDisk, and Toyota Motor Sales, U.S.A.

Blink Charging (NASDAQ: BLNK) ha annunciato Mike Battaglia come nuovo Presidente e CEO, a seguito della pianificata pensione di Brendan Jones. Battaglia, che in precedenza ha ricoperto il ruolo di COO, è entrato in Blink nel 2020 come Vice Presidente delle Vendite e successivamente è avanzato a Chief Revenue Officer.

Sotto la guida di Battaglia, i ricavi di Blink sono cresciuti in modo significativo, passando da 3 milioni di dollari nel 2019 a 140,6 milioni di dollari nel 2023, raggiungendo il più alto margine lordo nel suo settore rispetto ad aziende comparabili. Il Consiglio di Amministrazione dell'azienda ha condotto un accurato processo di pianificazione della successione prima di raccomandare Battaglia.

Con sede a Bowie, Maryland, Blink si concentra sullo sviluppo di infrastrutture per veicoli elettrici per promuovere la resilienza energetica e la crescita economica. Battaglia porta con sé quasi 30 anni di esperienza da ruoli precedenti presso JD Power, SmartDisk e Toyota Motor Sales, U.S.A.

Blink Charging (NASDAQ: BLNK) ha anunciado a Mike Battaglia como su nuevo Presidente y CEO, tras la jubilación planificada de Brendan Jones. Battaglia, quien anteriormente se desempeñó como COO, se unió a Blink en 2020 como Vicepresidente de Ventas y luego avanzó a Chief Revenue Officer.

Bajo la dirección de Battaglia, los ingresos de Blink crecieron significativamente de 3 millones de dólares en 2019 a 140,6 millones de dólares en 2023, logrando el mayor margen bruto en su industria entre empresas comparables. La Junta Directiva de la compañía llevó a cabo un minucioso proceso de planificación de sucesión antes de recomendar a Battaglia.

Con sede en Bowie, Maryland, Blink se centra en promover la resiliencia energética y el crecimiento económico a través del desarrollo de infraestructura para vehículos eléctricos. Battaglia aporta casi 30 años de experiencia de roles anteriores en JD Power, SmartDisk y Toyota Motor Sales, U.S.A.

Blink Charging (NASDAQ: BLNK)는 Brendan Jones의 예정된 은퇴에 따라 Mike Battaglia를 새로운 사장 겸 CEO로 임명했다고 발표했습니다. Battaglia는 이전에 COO로 재직했으며, 2020년 Blink에 영업 부사장으로 합류한 후 Chief Revenue Officer로 승진했습니다.

Battaglia의 임기 동안 Blink의 수익은 2019년 300만 달러에서 2023년 1억 4060만 달러로 크게 증가했으며, 동종 업계에서 가장 높은 총 이익률을 달성했습니다. 회사의 이사회는 Battaglia를 추천하기 전에 철저한 승계 계획 과정을 진행했습니다.

메릴랜드주 보위에 본사를 둔 Blink는 전기차 인프라 개발을 통해 에너지 회복력과 경제 성장을 촉진하는 데 중점을 두고 있습니다. Battaglia는 JD Power, SmartDisk 및 Toyota Motor Sales, U.S.A.에서의 이전 역할을 통해 거의 30년의 경험을 쌓았습니다.

Blink Charging (NASDAQ: BLNK) a annoncé Mike Battaglia comme son nouveau Président et CEO, suite à la retraite prévue de Brendan Jones. Battaglia, qui a précédemment occupé le poste de COO, a rejoint Blink en 2020 en tant que Vice-Président des Ventes et a ensuite accédé au poste de Chief Revenue Officer.

Sous la direction de Battaglia, les revenus de Blink ont considérablement augmenté, passant de 3 millions de dollars en 2019 à 140,6 millions de dollars en 2023, atteignant la marge brute la plus élevée de son secteur parmi les entreprises comparables. Le Conseil d'Administration de l'entreprise a mené un processus rigoureux de planification de la succession avant de recommander Battaglia.

Basé à Bowie, Maryland, Blink se concentre sur l'avancement de la résilience énergétique et de la croissance économique grâce au développement d'infrastructures pour véhicules électriques. Battaglia apporte près de 30 ans d'expérience de précédents rôles chez JD Power, SmartDisk et Toyota Motor Sales, U.S.A.

Blink Charging (NASDAQ: BLNK) hat Mike Battaglia als neuen Präsidenten und CEO angekündigt, nachdem Brendan Jones in den Ruhestand geht. Battaglia, der zuvor als COO tätig war, kam 2020 als Vizepräsident für Vertrieb zu Blink und wurde später Chief Revenue Officer.

Unter Battaglias Leitung hat Blink die Einnahmen von 3 Millionen Dollar im Jahr 2019 auf 140,6 Millionen Dollar im Jahr 2023 erheblich gesteigert und den höchsten Bruttogewinn seines Sektors im Vergleich zu ähnlichen Unternehmen erzielt. Der Vorstand des Unternehmens führte einen gründlichen Nachfolgeplanungsprozess durch, bevor er Battaglia empfahl.

Mit Sitz in Bowie, Maryland, konzentriert sich Blink auf die Förderung von Energie-Widerstandsfähigkeit und wirtschaftlichem Wachstum durch die Entwicklung von Infrastrukturen für Elektrofahrzeuge. Battaglia bringt fast 30 Jahre Erfahrung aus früheren Positionen bei JD Power, SmartDisk und Toyota Motor Sales, U.S.A. mit.

Positive
  • Revenue growth from $3M (2019) to $140.6M (2023)
  • Highest gross margin in the industry among comparable companies
  • Seamless leadership transition with internal promotion
Negative
  • None.

Insights

The appointment of Mike Battaglia as Blink Charging's new CEO comes at a pivotal moment for both the company and the EV charging industry. Under his previous operational leadership, Blink achieved the highest gross margins among industry peers while driving remarkable revenue growth from $3 million to $140.6 million between 2019-2023 - a 4,586% increase.

This transition merits careful analysis within the context of Blink's current market position. With a market cap of approximately $118 million, Blink faces significant challenges including intense competition from larger players, the need for substantial capital investment in infrastructure expansion and pressure to achieve profitability in a rapidly evolving market. The selection of an internal candidate with proven operational excellence suggests a strategic focus on execution and financial performance optimization rather than a dramatic shift in direction.

Several key factors make this leadership change particularly noteworthy:

  • Battaglia's background spans both automotive (Toyota) and technology sectors, important for navigating the convergence of these industries in EV charging
  • His relocation to Washington D.C. positions Blink strategically closer to policy discussions and potential federal funding opportunities for EV infrastructure
  • The emphasis on "energy resilience" in company messaging indicates a possible expansion beyond pure EV charging into broader energy management solutions

The immediate challenges facing the new CEO include strengthening Blink's market position, optimizing capital allocation for growth and potentially exploring strategic partnerships or acquisitions to enhance competitive advantages. The focus on financial performance improvement suggests a shift toward operational efficiency and profitability, which could help address investor concerns about sustainability in the capital-intensive EV charging sector.

Mike Battaglia Steps Up as President & CEO to Lead Blink Charging’s Global Growth in EV Infrastructure and Energy Resilience

Bowie, Md., Feb. 04, 2025 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK) (“Blink” or the “Company”), a leading global owner, operator, provider, and manufacturer of electric vehicle (EV) charging equipment and services, today announced the planned transition of Michael (Mike) Battaglia to the role of President & CEO, effective immediately. This move follows the planned retirement of Brendan Jones. Battaglia, who previously served as the Company’s Chief Operating Officer (COO), will now take the reins to lead Blink Charging’s continued growth and innovation.

“I am honored to take on this role and continue driving Blink’s growth as a leader in the EV charging sector,” said Battaglia. “Our focus will remain on delivering innovative solutions, expanding our infrastructure, and advancing the broader goal of energy independence. At the same time, we are committed to enhancing Blink’s financial performance and positioning the Company for long-term success as an owner, operator, and provider of EV charging services. By optimizing our operations and scaling our infrastructure, we will drive value for our stakeholders and strengthen our leadership in the industry.”

Battaglia joined Blink in 2020 as Vice President of Sales and later advanced to Chief Revenue Officer and COO. During his tenure, Blink’s revenue skyrocketed from $3 million in 2019 to $140.6 million in 2023, marking a remarkable growth trajectory. Under his leadership, the Company also achieved the highest gross margin in its industry among comparable companies. In recognition of his leadership and impact, Battaglia was recently named to the Washington Business Journal’s “Power 100” list.

Blink is committed to advancing energy resilience and economic growth through the widespread adoption of EV infrastructure. Headquartered in Bowie, Maryland, near the nation’s capital, Blink plays a central role in the conversation about U.S. and global energy security and reliability. Under Battaglia’s leadership, the Company will continue to enhance EV charging accessibility and support the transition to clean, reliable energy.

Before joining Blink, Battaglia held senior roles at JD Power, SmartDisk, and Toyota Motor Sales, U.S.A., bringing nearly 30 years of experience to the Company. He and his wife have relocated to the Washington, D.C. metro area to be closer to Blink’s Global Headquarters.

Blink’s Board of Directors conducted a thorough succession planning process involving an extensive evaluation of candidates and alignment with the company’s goals. This process led to the recommendation of Battaglia by the Nominating Committee.

Ritsaart van Montfrans, Chairman of Blink’s Board, added: “Today marks a new chapter for Blink Charging as we proudly welcome Mike as the new President & CEO. Mike 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.”

“Mike has been a vital part of our growth, contributing across Sales, Operations, and Strategic Enablement,” said Brendan Jones. “His deep understanding of our business and his trusted relationships with the executive team and external stakeholders make him the ideal successor. 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.”

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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 uses 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/

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


FAQ

How much did Blink Charging's (BLNK) revenue grow under Mike Battaglia's leadership?

Under Mike Battaglia's leadership, Blink Charging's revenue grew from $3 million in 2019 to $140.6 million in 2023.

What positions did Mike Battaglia hold at Blink Charging (BLNK) before becoming CEO?

Mike Battaglia joined Blink in 2020 as Vice President of Sales, then advanced to Chief Revenue Officer, and served as Chief Operating Officer before becoming President & CEO.

What is Blink Charging's (BLNK) market position in terms of gross margins?

Blink Charging achieved the highest gross margin in its industry among comparable companies.

Where is Blink Charging's (BLNK) global headquarters located?

Blink Charging's global headquarters is located in Bowie, Maryland, near Washington, D.C.

What was Mike Battaglia's experience before joining Blink Charging (BLNK)?

Before joining Blink, Mike Battaglia held senior roles at JD Power, SmartDisk, and Toyota Motor Sales, U.S.A., bringing nearly 30 years of experience.

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