Blink Charging Announces the Appointment of Three New Board Members to Accelerate Company’s Growth in the Explosive Electri...
January 30 2020 - 9:15AM
Blink Charging Co. (NASDAQ: BLNK, BLNKW), (“Blink” or the
“Company”) announced the appointment of three new board members
with decades of experience in financial and corporate leadership.
Ritsaart van Montfrans, Louis Buffalino, and Jack Levine, CPA, will
join Michael D. Farkas and Don Engel, as part of the Company’s
Board of Directors. The directors were nominated and elected at the
2019 Shareholders’ Annual Meeting in December.
The appointments will further establish Blink as
the leading force in today’s electric vehicle (EV) charging market.
With its recent strategic partnerships and global expansion, Blink
is currently the only vertically integrated company providing a
full suite of EV charging solutions.
The Company’s Board regularly evaluates its
composition to ensure its skills, experience, and professional
perspectives are in alignment with the current status and projected
growth of the Company for all Blink shareholders. Blink's Board is
composed of five directors, three of whom are independent.
"The addition of these individual
directors complements the strategic initiatives outlined for Blink
in 2020 and beyond,” commented Michael D. Farkas, Chairman and
Chief Executive Officer of the Company. “We are confident they will
provide valuable insights and perspectives as we execute our growth
strategy, increase deployments of EV charging equipment across the
globe, and enhance shareholder value. We look forward to their
contributions and are excited they chose to share their expertise
with Blink."
ABOUT RITSAART VAN MONTFRANS
Ritsaart is a serial venture entrepreneur and
investor. He is currently Chief Executive Officer at Incision, a
rapidly growing medical platform. Prior to this, he founded
NewMotion in 2009 and grew the company as Chief Executive Officer
to become the market leader for EV charging in Europe. By focusing
on what’s really important for EV drivers and charge locations,
NewMotion became the fastest growing and most intensively used
charging network worldwide and has also been a leader in creating
sustainable energy solutions for EV drivers and charging locations.
Ritsaart is looking forward to sharing his passion, experience and
knowledge of the EV industry with the team at Blink
Charging.
ABOUT LOUIS BUFFALINO
Louis Buffalino is a senior vice president in
Cushman & Wakefield's New York office and brings to the Board
over 30 years of experience in real estate services, project and
development services, facility services, and capital markets. Mr.
Buffalino's success in global growth will aid Blink in identifying
opportunities and cultivating new relationships in domestic and
international markets. Mr. Buffalino is also a seasoned broker with
extensive experience representing a wide range of corporate
clients.
ABOUT JACK LEVINE
Jack Levine has been the President of Jack
Levine, PA, a certified public accounting firm. For more than
30 years, he has advised corporations on financial and accounting
matters and served as an independent director on numerous boards.
Mr. Levine has been a director and chairman of the audit committee
of SignPath Pharma, Inc., a development-stage biotechnology
company, since 2010. Mr. Levine’s extensive knowledge of complex
financial, accounting, tax, and operational issues is valuable to
Blink during this high growth stage of the company. Mr. Levine will
serve as the Lead Independent director (LID) and as the chairman of
the Company’s audit committee.
ABOUT BLINK CHARGING
Blink Charging is a leading owner/operator of EV
charging stations in the United States and has a growing presence
in Europe, Asia, Israel, the Caribbean, and South America. With a
long history as a pioneer in the EV industry and a dedicated team
with immense knowledge of the industry, Blink continues to be the
preferred, trusted partner in EV charging station technology. As
such, the company is a driving force with more than 150,000
registered EV driver members and more than 15,000 EV charging
stations deployed. For more information, please visit
www.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 PR@BlinkCharging.com
Blink Investor Relations Contact
InvestorRelations@BlinkCharging.com
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