ChargePoint appoints new CEO

The charging infrastructure operator ChargePoint is restructuring its management team: Rick Wilmer has been appointed as the new CEO with effect from November 16, 2023. Wilmer replaces Pasquale Romano, who had been ChargePoint CEO since 2011.

Image: ChargePoint

To ensure a seamless transition, Romano will remain with the company as a consultant. Rick Wilmer has been with ChargePoint since July 2022 and was previously Chief Operating Officer. He is therefore already familiar with the work of the company and the industry, but is now taking on overall responsibility. As COO, Wilmer was already responsible for product management, development, engineering, manufacturing and supply chain as well as customer experience at ChargePoint.

ChargePoint also announced that CFO Rex Jackson has left the company with immediate effect. Mansi Khetani, currently ChargePoint’s Senior Vice President of Financial Planning and Analysis, has been named interim CFO until the company finds a new permanent CFO.

Reasons for the two personnel decisions are not disclosed in the announcement. On behalf of the ChargePoint Board of Directors, we thank Mr. Romano and Mr. Jackson for their incredible contributions and wish them well in their future endeavors,” said Bruce Chizen, Chairman of the Board, more generally. “We are fortunate to have Mr. Wilmer as an experienced executive with a track record of success at ChargePoint who will usher the company into its next chapter of growth.”

One clue could be the qualities the board is looking for in the new CEO. Wilmer brings “business and financial acumen to ChargePoint from his prior leadership roles”, the company writes. The parallel replacement of the CFO could also support this theory, although the company has not confirmed anything.

In September, there were reports in the USA that ChargePoint was also struggling with dwindling liquidity alongside Blick Charging – which the company denied at the time. Less than a month later, ChargePoint secured over 230 million dollars in capital through the sale of shares.

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