EVgo Appoints Paul Dobson as Chief Financial Officer

EVgo Inc. announced the appointment of Paul Dobson as Chief Financial Officer (CFO), effective October 1, 2024.

Dobson has more than 30 years of professional experience in finance and operations roles – including in the energy sector, most recently serving as CFO of Ballard Power Solutions, a global provider of innovative clean energy solutions. In his role as CFO, Dobson will help EVgo solidify its path to profitability as it continues to expand its nationwide network.

Badar Khan, CEO of EVgo, said, “Today’s announcement is the conclusion of a rigorous search and selection process to identify the ideal leader to join our executive team and oversee our finance function, and we are thrilled to welcome Paul to EVgo. With his decades of financial, operational and leadership experience in the energy industry, the Board and I are confident that Paul is the right executive at the right time to take on this role. The electric revolution is well underway, and we look forward to benefitting from Paul’s expertise as we build on our momentum and further cement EVgo as the charging network of choice for investors, drivers and business partners.”

Dobson commented, “EVgo’s record network utilization speaks for itself, and I am honored to join the Company during this important point in its and the industry’s journey. As widespread EV adoption continues to expand across the U.S., I look forward to working with Badar and the entire leadership team to generate enhanced value creation for our shareholders, and further strengthen the business’ unit economics, achieve our path to profitability and ensure EVgo’s business model remains competitive in an ever-growing market.”

Prior to his time at Ballard, Dobson held the roles of Interim President and CEO and the role of CFO of Hydro One, the province of Ontario’s largest electricity transmission and distribution service provider. Before joining Hydro One, from 2014-2018, he served as CFO and COO of Direct Energy Ltd., a provider of electricity, natural gas and home services across the U.S. and Canada. He previously held senior leadership positions in finance, operations, information technology and customer service across the Centrica Group, the parent company of Direct Energy. Before Direct Energy, Dobson spent 10 years in various finance, strategy and business development roles at CIBC, a leading North American financial institution.

Dobson is a member of the Board of Directors and sits on the Audit Committee of Methanex Corporation, the leading global producer and supplier of methanol to major international markets. Dobson holds an honors bachelor’s degree from the University of Waterloo, as well as an MBA from the University of Western Ontario and is a CPA, CMA.