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ChargePoint Appoints Technology and Revenue Leader Susan Heystee to Board of Directors

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ChargePoint Holdings, Inc. (NYSE: CHPT) has appointed Susan Heystee to its Board of Directors, succeeding Neil Suslak, who is stepping down. Heystee brings over 30 years of experience in technology and software, having held senior roles at Verizon Connect and Telogis. ChargePoint's CEO, Pasquale Romano, highlighted her expertise in mobility and diverse industries as a significant asset as the company navigates the expanding electric mobility market. Heystee expressed enthusiasm for the company's future amidst the shift towards electric mobility.

Positive
  • Susan Heystee brings over 30 years of technology and software experience.
  • Her background includes leadership at Verizon Connect and Telogis, enhancing ChargePoint's strategic direction.
  • Heystee's expertise in the mobility ecosystem aligns with ChargePoint's market focus.
Negative
  • Neil Suslak's resignation may raise concerns about continuity in governance.

ChargePoint Holdings, Inc. (NYSE:CHPT), a leading electric vehicle (“EV”) charging network, today announced the appointment of Susan Heystee to its Board of Directors. Heystee will be replacing Neil Suslak, who is resigning from ChargePoint’s Board. Heystee brings more than 30 years of software and technology experience to the ChargePoint Board. Heystee is currently serving as a strategic advisor and director of Ouster, Inc., a leading global lidar technology company.

(Photo: Business Wire)

(Photo: Business Wire)

Over her career, Heystee has held various leadership positions including Senior Vice President of Global Automotive Business at Verizon Connect and Executive Vice President of Global Sales and OEM Business at Telogis, which was acquired by Verizon in July 2016, and where she grew revenue with enterprise direct sales to Fortune 500 companies in North and South America, Europe and Australia. Ms. Heystee is qualified to serve as a director of the Company due to her extensive experience in the technology sector and knowledge of market driven strategies.

"Ms. Heystee adds significant business model development experience in the mobility ecosystem,” said Pasquale Romano, President and CEO, ChargePoint. “Her extensive experience serving a diverse set of industries, from fleet, utility, transportation and home delivery, parallels the wide range of verticals ChargePoint serves with EV charging solutions. Her time as an executive leader at start-up businesses as well as major, global organizations provides the full-range perspective needed as the electric mobility industry continues to expand. I would also like to thank Neil Suslak for his many contributions during his tenure as a member of ChargePoint’s Board, but more importantly recognize his early conviction to the electrification of mobility.”

“ChargePoint is an impressive company with a winning business model built on a comprehensive cloud subscription platform and software-defined charging hardware that enables a seamless experience for businesses and drivers,” said Susan Heystee. “It is an exciting time to join the company given the tremendous value creation opportunities presented as the world transitions to electric mobility.”

Heystee holds a bachelor’s degree in mathematics and business from the University of Waterloo and an executive MBA from Harvard Business School.

For more information about ChargePoint’s Board of Directors, visit: https://www.chargepoint.com/about/board/.

About ChargePoint

ChargePoint is creating a new fueling network to move people and goods on electricity. Since 2007, ChargePoint has been committed to making it easy for businesses and drivers to go electric with one of the largest EV charging networks and a comprehensive portfolio of charging solutions available today. ChargePoint’s cloud subscription platform and software-defined charging hardware are designed to include options for every charging scenario from home and multifamily to workplace, parking, hospitality, retail and transport fleets of all types. Today, one ChargePoint account provides access to hundreds-of-thousands of places to charge in North America and Europe. To date, more than 90 million charging sessions have been delivered, with drivers plugging into the ChargePoint network approximately every two seconds. For more information, visit the ChargePoint pressroom, the ChargePoint Investor Relations site, or contact ChargePoint’s North American or European press offices or Investor Relations.

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FAQ

Who is the new member of ChargePoint's Board of Directors?

Susan Heystee has been appointed to ChargePoint's Board of Directors.

What experience does Susan Heystee bring to ChargePoint?

Heystee has over 30 years of experience in technology and software, including leadership roles at Verizon Connect.

Why did Neil Suslak resign from ChargePoint's Board?

The press release does not specify the reasons for Neil Suslak's resignation.

How might Susan Heystee's appointment impact ChargePoint?

Her extensive experience in the mobility ecosystem could positively influence ChargePoint's strategic initiatives.

ChargePoint Holdings, Inc.

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