EVgo Announces Chief Financial Officer Transition

Core Viewpoint - EVgo has appointed Keefer Lehner as Chief Financial Officer effective January 12, 2026, to support its growth in the electric vehicle charging sector and has reiterated its financial guidance for 2025 [2][4][5]. Leadership Transition - Keefer Lehner will succeed Paul Dobson, who is retiring but will remain in an advisory role until March 2026 to ensure a smooth transition [2][4]. - Lehner brings nearly 20 years of experience in finance and operations, having previously served as CFO at KLX Energy Services and co-founded Quintana Energy Services [3][9]. Strategic Importance - The appointment of Lehner is seen as crucial for EVgo as it aims to accelerate the nationwide buildout of its EV charging infrastructure [4]. - CEO Badar Khan emphasized Lehner's experience in scaling businesses and his commitment to advancing EVgo's strategic priorities [4]. Financial Guidance for 2025 - EVgo has reiterated its financial guidance for 2025, projecting total revenue between $350 million and $365 million, with potential ancillary upside of up to $40 million, bringing the total possible revenue to $405 million [5][6]. - The company expects an Adjusted EBITDA loss between $(15) million and $(8) million, with potential ancillary upside of up to $31 million, resulting in a possible loss range of $(15) million to $(23) million [6]. Company Overview - EVgo is one of the largest public fast charging networks for electric vehicles in the U.S., operating over 1,100 fast charging stations across 47 states [10]. - The company partners with various businesses to deploy accessible charging infrastructure and conducts interoperability testing at its Innovation Lab [10].