Former Retail Energy Exec Named CEO Of EVgo

EVgo Inc. ("EVgo" or the "Company") announced that its Board of Directors has appointed Badar Khan to succeed Cathy Zoi as Chief Executive Officer, effective on or about November 9, 2023.

"To promote a smooth transition, Zoi will serve as an advisor to the Company and work closely with Khan through the end of 2023," the Company said

"I believe that Badar’s experience overseeing large, dynamic customer facing energy organizations aligns perfectly with the opportunity ahead of EVgo and that he is the right person to be our next CEO," said Zoi

Khan previously served as CEO of Direct Energy for four years, and also held various other leadership positions at the retail supplier

From 2017 to 2022, Khan worked for National Grid, most recently as President of National Grid USA

EVgo said, "During his time at National Grid, Khan oversaw the regulatory approval for one of the largest 'make ready' electric vehicle infrastructure programs for utilities in the U.S., the acquisition of an onshore solar and wind renewables development company, and the launch of one of the largest utility corporate venture capital funds in the U.S., with over 40 investments and partnerships in the energy and clean tech space."

Khan has served on the EVgo Board of Directors since 2022.