Business
Blink Charging Announces Retirement of President and CEO Brendan Jones and the Appointment of Michael Battaglia as Successor
Current Blink President & CEO Brendan Jones to Retire on January 31, 2025 Bowie, Md., Aug. 28, 2024 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK)
About this update from Blink Charging Co.
[{"type":"text","content":"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 h...