Charge Enterprises, Inc. (Nasdaq: CRGE) ("Charge" or the
"Company”), a leading electrical, broadband and EV charging
infrastructure company, has announced the expansion of its
executive team with the appointment of Matthew Chee as Senior Vice
President, Growth.
In his expanded role, Chee, who has served as Charge’s Vice
President of Mergers and Acquisitions (“M&A”) since joining the
Company in 2020, will continue to leverage his 20 years of industry
experience to drive growth for Charge. He will oversee all
marketing and sales strategies, new business development,
relationship and people management, internal sales, budget, and
marketing reporting systems, along with his current M&A
responsibilities. Chee will report to Charge’s Interim Chief
Executive Officer and Chief Operating Officer, Craig Denson.
“Matt is a respected leader with a proven track record of
success at Charge and throughout his career,” said Denson. “We look
forward to benefiting from Matt’s skillset in his new role as SVP
of Growth, where he will be focused on elevating our sales and
marketing strategies, thereby advancing our mission to bring
innovative connectivity infrastructure to new markets.”
“Since joining Charge in 2020, I’ve seen the Company deliver
best-in-class service offerings and infrastructure solutions across
its portfolio of brands,” said Chee. “In my new role, I look
forward to increasing value across Charge’s enterprise product
portfolio, advertising assets, social media platforms, and
partnerships to fortify our operations and strengthen our footprint
heading into 2024.”
Prior to joining Charge, Chee served as SVP of Global Sales and
Corporate development for PTGi International Carrier Services, Inc.
He was a founding partner at Excel Telecommunications and a
Co-Founder of Mercantel Communications. Chee holds a BBA from the
McCombs School of Business at the University of Texas at
Austin.
About Charge Enterprises, Inc.
Charge Enterprises, Inc. is an electrical, broadband and EV
charging infrastructure company that provides clients with
end-to-end project management services. We operate in two segments:
Infrastructure, which has a primary focus on EV charging, broadband
and wireless, and electrical contracting services; and
Telecommunications, which provides connection of voice calls, Short
Message Services (SMS) and data to global carriers. Our vision is
to be a leader in enabling the next wave of transportation and
connectivity. By building, designing, and operating seamless
infrastructure for electric vehicles, we aim to create a future
where transportation is clean, efficient, and connected and to
empower individuals, communities, and businesses to thrive in a
more sustainable world. Our plan is to cultivate repeat customers
and recurring revenues by deploying a multi-phased strategy,
initially where investment in the EV charging revolution is taking
place, the nation’s approximately 18,000 franchised auto
dealers.
To learn more about Charge, visit Charge Enterprises, Inc.
Notice Regarding Forward-Looking Information
This press release contains forward-looking statements within
the meaning of the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. Forward-looking statements reflect
current expectations or beliefs regarding future events or Charge's
future performance. Often, but not always, forward-looking
statements can be identified by the use of words such as "plans",
"expects", "is expected", "budget", "scheduled", "estimates",
“potential”, "continues", "forecasts", "projects", "predicts",
"intends", "anticipates", "targets" or "believes", or variations
of, or the negatives of, such words and phrases or state that
certain actions, events or results "may", "could", "would",
"should", "might" or "will" be taken, occur or be achieved. All
forward-looking statements, including those herein, are qualified
by this cautionary statement. Although Charge believes that the
expectations expressed in such forward-looking statements are based
on reasonable assumptions, such statements involve risks and
uncertainties, and actual results may differ materially from any
future results expressed or implied by such forward-looking
statements. Such risks and uncertainties include the ability to
achieve the expected benefits of the Greenspeed acquisition,
including the risks that the Company’s synergy estimates are
inaccurate or that the Company faces higher than anticipated
integration or other costs in connection with the acquisition, the
business plans and strategies of Charge, Charge’s ability to
satisfy its debt payment obligations or extend the maturity or
refinance outstanding debt at or prior to maturity, Charge's future
business development, market acceptance of electric vehicles, and
continued auto maker investment in electric vehicles, the success
of Charge’s retail dealership initiative and the size, scope and
success of the related initial installation projects, Charge's
ability to generate profits and positive cash flow, changes in
government regulations and government incentives, subsidies, or
other favorable government policies, rising interest rates,
macroeconomic and geopolitical conditions, and the ongoing
automotive industry labor dispute and the impact on investments by
our customers, and other risks discussed in Charge's filings with
the U.S. Securities and Exchange Commission ("SEC"). Readers are
cautioned that the foregoing list of risks and uncertainties is not
exhaustive of the factors that may affect forward-looking
statements. Accordingly, readers should not place undue reliance on
forward-looking statements. The forward-looking statements in this
press release speak only as of the date of this press release or as
of the date or dates specified in such statements. For more
information on us, investors are encouraged to review our public
filings with the SEC, including the factors described in the
section captioned “Risk Factors” of Charge’s Annual Report on Form
10-K filed with the SEC on March 15, 2023, and subsequent reports
we file from time to time with the SEC, which are available on the
SEC's website at www.sec.gov. Charge disclaims any intention or
obligation to update or revise any forward- looking information,
whether as a result of new information, future events or otherwise,
other than as required by law.
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Investors
Christine Cannella Charge Enterprises, Inc. 954-298-6518
ccannella@charge.enterprises
Alex Thompson Gateway Group 949-574-3860
CRGE@gateway-grp.com
Media
Zach Kadletz Gateway Group 949-574-3860 CRGE@gateway-grp.com
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