Blink Board Approves Sr. Govt Group Enlargement to Put together and Meet the Calls for of the Accelerated EV Business Development
Miami Seashore, Fla., Dec. 06, 2022 (GLOBE NEWSWIRE) — Blink Charging Co. (NASDAQ: BLNK, BLNKW) (“Blink”), a world main proprietor, operator and supplier of electrical automobile (EV) charging gear and companies, as we speak introduced the Blink Board of Administrators accredited three important additions to Blink’s government management with the appointment of Michael Battaglia as Chief Income Officer, Mark Pastrone as Chief Working Officer and Aviv Hillo, Esq. as Govt Vice President of Mergers and Acquisitions. These appointments mark an elevated focus in the direction of Blink’s accelerated progress and assembly the trade’s demand for dependable charging options as EV gross sales proceed to climb.
“I’m excited concerning the progress and viability of Blink Charging and with these additions to the senior government group, I’m assured we’ll meet the challenges forward and thrive, having the best folks in the best place,” stated Michael D. Farkas, Govt Chairman and Chief Govt Officer of Blink Charging. “We’ve recognized our wants with the intention to meet the rising calls for of the EV charging trade and with this achieved and unparalleled group of trade consultants, Blink will proceed to be a pacesetter in offering EV charging options.”
Mike Battaglia has served as Sr. Vice President of Gross sales and Enterprise Growth for Blink since December 2020. He’ll assume the place of Chief Income Officer, a place not presently crammed, and can play an important function within the firm’s progress. On this capability, Mr. Battaglia will oversee Blink’s international gross sales group, develop go-to-market methods, and establish new abroad growth alternatives. Previous to becoming a member of Blink, Mr. Battaglia served as Vice President of Gross sales at JD Energy. Mr. Battaglia earned his Bachelor of Science in Finance from the Boston Faculty Carroll College of Administration.
“I’m tremendously excited to steer our proficient group of worldwide enterprise improvement and gross sales professionals as we pursue our aggressive firm income targets. Our objective is to create an environment friendly, customer-focused gross sales group that successfully capitalizes on EV charging market alternatives in each area we serve,” says Battaglia.
Mark Pastrone has served as Chief Working Officer (COO) of the Firm’s subsidiary SemaConnect, acquired in June 2022, the place he performed a key function in constructing the corporate’s gross sales, service, know-how, and manufacturing capabilities. Mr. Pastrone will now function COO for Blink as the 2 corporations align all operational actions. In his new function he’ll deal with attaining synergies and operational efficiencies for Prospects Service, Set up Operations, and Charger Manufacturing. Previous to his function at SemaConnect, Mr. Pastrone labored within the aerospace trade, and led the event of a number of business area ventures at Orbital Sciences Company together with GeoEye, acquired by Maxar. Mr. Pastrone earned a B.S. diploma in Electrical Engineering and a Masters in Electrical Engineering from Stanford College. He additionally holds an M.B.A. from Harvard Enterprise College.
Pastrone commented, “Blink is a rising US and World firm that now operates in 25 nations. Our objective is to create finest at school course of and procedures that can proceed to assist Blink’s place as a dominate international participant for all differing types EV Chargers, Companies and Enterprise Fashions.”
The Board additionally accredited the appointment of Aviv Hillo, Esq. as Govt Vice President of Mergers and Acquisitions, along with his function as Blink’s Normal Counsel. Mr. Hillo has served as Normal Counsel since June 2018, and along with these duties will deal with the corporate’s M&A methods as Blink continues to increase its main place available in the market. Previous to becoming a member of Blink, Mr. Hillo was a accomplice at New York and Israeli boutique legislation corporations (Schechter Hill and Yerushalmi & Associations), had a number of positions as Normal Counsel and was a co-founder, and Deputy CEO in an Israeli-American Laser tech entity. Mr. Hillo graduated from the Tel Aviv College of Legislation in 1993, and acquired his Grasp’s Diploma (cum laude) in Banking, Company and Finance Legislation at Fordham College of Legislation in 2001. He was admitted to the Israeli Bar in 1994 and to the New York State Bar in 1999.
“Whereas we proceed our superb progress, each natural and by way of acquisitions, I’m excited to contribute to the corporate’s actions and methods for M&A. Blink has a deep and profitable historical past in buying different EV Charging corporations. We’ll proceed to be inquisitive in the direction of the trade whereas specializing in the corporate’s progress and growth the corporate,” stated Hillo.
“Because the EV trade continues to develop at an incredible charge, the Board acknowledged the necessity to improve and increase on Blink’s management on the highest stage,” stated Cedric Richmond, former Congressman and Blink Charging Board Member. “The Board has full confidence with the assembled management group and the trade as an entire will profit from the amassed expertise and expertise they provide.”
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About Blink Charging
Blink Charging Co. (Nasdaq: BLNK, BLNKW), a pacesetter in electrical automobile (EV) charging gear, has deployed almost 59,000 charging ports throughout 25 nations, lots of that are networked EV charging stations, enabling EV drivers to simply cost at any of Blink’s charging areas worldwide. Blink’s principal line of services consists of the Blink EV charging community (“Blink Community”), EV charging gear, EV charging companies, and the services of current acquisitions, together with SemaConnect, Blue Nook and BlueLA. The Blink Community makes use of proprietary, cloud-based software program that operates, maintains, and tracks the EV charging stations linked to the community and the related charging knowledge. With international EV purchases forecasted to rise to 10 million autos by 2025 from roughly 2 million in 2019, Blink has established key strategic partnerships for rolling out adoption throughout quite a few location varieties, together with parking amenities, multifamily residences and condos, office areas, well being care/medical amenities, colleges and universities, airports, auto sellers, resorts, mixed-use municipal areas, parks and recreation areas, spiritual establishments, eating places, retailers, stadiums, supermarkets, and transportation hubs. For extra data, please go to https://www.blinkcharging.com/.
Ahead-Trying Statements
This press launch comprises forward-looking statements as outlined inside Part 27A of the Securities Act of 1933, as amended, and Part 21E of the Securities Change Act of 1934, as amended. These forward-looking statements, and phrases comparable to “anticipate,” “anticipate,” “intend,” “could,” “will,” “ought to” or different comparable phrases, contain dangers and uncertainties as a result of they relate to occasions and rely upon circumstances that can happen sooner or later. These statements embrace statements concerning the intent, perception or present expectations of Blink Charging and members of its administration, in addition to the assumptions on which such statements are based mostly. Potential traders are cautioned that any such forward-looking statements should not ensures of future efficiency and contain dangers and uncertainties, together with our estimate of U.S. charger manufacturing and people described in Blink Charging’s Q3 2022 Type 10-Q and different periodic stories filed with the SEC, and that precise outcomes could differ materially from these contemplated by such forward-looking statements. Besides as required by federal securities legislation, Blink Charging undertakes no obligation to replace or revise forward-looking statements to mirror modified situations.
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