Monday, May 23, 2022 8:29:23 PM
May 23 2022 - 07:00AM
https://ih.advfn.com/stock-market/NASDAQ/evgo-EVGO/stock-news/88181967/evgo-announces-addition-of-two-new-board-members
Additions of Seasoned Technology and Energy Executives further strengthens Board of Directors with deep sector expertise
EVgo Inc. (NASDAQ: EVGO), the nation’s largest public fast charging network for electric vehicles (EVs) and first powered by 100% renewable electricity, today announced the appointment of CyrusOne LLC Executive Vice President and Chief Financial Officer Katherine Motlagh as a director on the Board and the election of National Grid U.S. President Badar Khan at the 2022 Annual Meeting as a Class I Director. Katherine Motlagh’s term as a director expires at the 2024 annual meeting of stockholders while Badar Khan’s term expires at the 2025 annual meeting of stockholders.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220523005214/en/
Katherine Motlagh and Badar Khan (Photo: Business Wire)
Katherine Motlagh currently serves as Executive Vice President and Chief Financial Officer at CyrusOne, an owner and operator of more than 50 carrier-neutral data centers in North America, Europe, and South America. Motlagh, a Certified Public Accountant and Certified Management Accountant, brings extensive experience in the financial sector – including having served as CFO at subsidiaries of American Tower, a global infrastructure REIT – as well as previous Board experience from the National and European Boards of the Institute of Management Accountants. Upon the recommendation of the Nominating and Governance Committee of the Board, the Board approved the immediate appointment of Motlagh as a member and chair of the Audit Committee, and a member of both the Nominating and Governance Committee and the Compensation Committee.
Badar Khan currently serves as the U.S. President of National Grid, one of the largest investor-owned energy companies in the US — serving more than 20 million people throughout New York, Massachusetts, and Rhode Island. With more than 25 years of management and leadership experience within the energy sector, Khan has served on the board of directors of CRH plc since October 2021, and was previously the President of National Grid Ventures, a global portfolio of large-scale competitive energy projects. Prior to this role, he served as Chief Executive Officer of Direct Energy at Centrica plc. In addition to his role as Lead Independent Director, the Board approved the appointment of Khan as a member and chair of the Compensation Committee, and as a member of both the Nominating and Governance Committee and the Audit Committee.
“Katherine and Badar’s leadership, management and industry experience will be immensely valuable in guiding EVgo’s continuing growth,” said Cathy Zoi, CEO of EVgo. “Their strategic input and guidance will be a powerful asset as we expand our charging business and lead the way to achieving an electrified transportation sector.”
Board Nominee Experience Detail
Katherine Motlagh is the Executive Vice President and Chief Financial Officer of CyrusOne LLC (“CyrusOne”), an owner and operator of more than 50 carrier-neutral data centers in North America, Europe, and South America. In this role, she is a member of the executive management team and is responsible for CyrusOne’s accounting, finance, capital markets, tax, procurement, and investor relations. Prior to CyrusOne, she served as CFO of the Europe, Africa, and Latin America regions at American Tower -- a global infrastructure REIT which develops, owns, and operates multi-tenant communications real estate -- where she was responsible for providing strategic leadership and oversight of all financial activities and financial reporting, management of international tax policy, and planning and internal control compliance for international businesses in 18 countries. Her earlier career included divisional CFO roles as well as a variety of finance and accounting leadership roles responsibilities at Ericsson, Inc., Nokia, Inc., and Nextel Communications, Inc.
Motlagh earned a masters’ degree from the Academy of Finance in Moscow. She has previously served on the National and European Boards of the Institute of Management Accountants.
Badar Khan brings a wealth of experience in the energy sector to the Board. He currently serves as President at National Grid US, where he leads the company’s core domestic business operations and oversees the provision of electricity, natural gas and clean energy solutions to over 20 million people across Massachusetts, New York and Rhode Island. Prior to this role, he was the President of National Grid Ventures, a global portfolio of large-scale competitive energy projects – including electricity interconnectors, onshore wind and solar generation, competitive electricity transmission, and LNG storage – and oversaw the creation of National Grid Partners, the company’s venture capital and innovation arm. Additionally, Mr. Khan was Chief Executive Officer of Direct Energy at Centrica plc, the North American subsidiary that provides electricity, natural gas and home services.
Khan holds a degree in engineering from Brunel University in London and an MBA from the Wharton School of the University of Pennsylvania. He has served on the board of directors of CRH plc since October 2021.
About EVgo
EVgo (Nasdaq: EVGO) is the nation’s largest public fast charging network for electric vehicles, and the first to be powered by 100% renewable energy. As of the end of the first quarter 2022, with more than 850 charging locations, EVgo’s owned and operated charging network serves over 60 metropolitan areas across more than 30 states and approximately 375,000 customer accounts. Founded in 2010, EVgo leads the way on transportation electrification, partnering with automakers; fleet and rideshare operators; retail hosts such as hotels, shopping centers, gas stations and parking lot operators; and other stakeholders to deploy advanced charging technology to expand network availability and make it easier for drivers across the U.S. to enjoy the benefits of driving an EV. As a charging technology first mover, EVgo works closely with business and government leaders to accelerate the ubiquitous adoption of EVs by providing a reliable and convenient charging experience close to where drivers live, work and play, whether for a daily commute or a commercial fleet.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220523005214/en/
For Investors:
Ted Brooks, VP of Investor Relations
investors@evgo.com
310-954-2943
For Media:
press@evgo.com
Recent EVGO News
- EVgo Appoints Paul Dobson Chief Financial Officer • Business Wire • 09/19/2024 11:00:00 AM
- EVgo and GM Take Charging to the Next Level with New Flagship Destinations Set to Optimize the Charging Experience • Business Wire • 09/12/2024 12:00:00 PM
- EVgo CEO to Host Public Virtual Town Hall on October 2 at 8:30AM ET • Business Wire • 09/09/2024 08:05:00 PM
- EVgo Announces Major Network Enhancements Across Nationwide Fast Charging Network • Business Wire • 08/14/2024 12:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/13/2024 11:27:04 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/12/2024 08:03:09 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/01/2024 08:15:35 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/01/2024 11:15:22 AM
- EVgo Inc. Reports Record Second Quarter 2024 Results • Business Wire • 08/01/2024 11:00:00 AM
- EVgo Expands Leadership Team with Seasoned Industry Talent • Business Wire • 07/25/2024 11:00:00 AM
- EVgo to Report Second Quarter 2024 Results on August 1, 2024 • Business Wire • 07/24/2024 09:51:00 PM
- EVgo and Regency Centers Open Newest Fast Charging Station in Longstanding Partnership, Expanding Footprint to More Than 120 Stalls Across U.S. • Business Wire • 06/26/2024 11:00:00 AM
- EVgo Names Keith Hutchison as Company’s First Chief People Officer • Business Wire • 06/20/2024 11:00:00 AM
- EVgo Recognizes Massive Rideshare Growth as Commercial Throughput More Than Tripled Year over Year in Q1 • Business Wire • 06/13/2024 11:00:00 AM
- Toyota Announces First Communities to Receive DC Fast Chargers Through 'Empact' Vision • PR Newswire (US) • 05/29/2024 11:00:00 AM
- EVgo Celebrates More Than 1 Million Customer Accounts Across the U.S. as EV Adoption Continues to Grow • Business Wire • 05/21/2024 11:00:00 AM
- Motiv Names Scott Griffith as Chief Executive Officer and Board Member • GlobeNewswire Inc. • 05/16/2024 12:00:00 PM
- EVgo Doubles Down on Commitment to Begin NACS Deployments in 2024 • Business Wire • 05/14/2024 11:00:00 AM
- EVgo Inc. Reports Record First Quarter 2024 Results • Business Wire • 05/07/2024 11:05:00 AM
- EVgo Expansion in Los Angeles Recognized with 1st Place Leadership Award by Largest Municipal Utility in the Nation • Business Wire • 05/01/2024 11:00:00 AM
- EVgo to Report First Quarter 2024 Results on May 7, 2024 • Business Wire • 04/24/2024 12:04:00 PM
- EVgo Expands Autocharge+ to More Than 50 Electric Vehicle Models • Business Wire • 04/09/2024 11:00:00 AM
- EVgo Welcomes Scott Griffith to Board of Directors • Business Wire • 04/03/2024 11:30:00 PM
- EVgo to Host Financial Modeling Webinar on April 4, 2024 • Business Wire • 04/01/2024 09:00:00 PM
- SLB Capital Advisors Advises on Sale Leasebacks For Leading EV Fast Charging Solutions Provider EVgo • PR Newswire (US) • 03/26/2024 03:30:00 PM
FEATURED Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • Sep 24, 2024 8:50 AM
FEATURED Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • Sep 24, 2024 8:45 AM
Avant Technologies Accelerates Creation of AI-Powered Platform to Revolutionize Patient Care • AVAI • Sep 24, 2024 8:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM