Charging Network Volta announced on Saturday April 16 that its Board of Directors appointed Brandt Hastings, Volta’s CRO, as interim Chief Executive Officer, effective immediately. Brandt will also retain his title as Volta’s CRO. This appointment follows Scott Mercer’s decision to step down as Chairman and CEO of Volta last month. The Board has commenced a formal search for a permanent CEO.
“Hastings is a revenue executive with two decades of experience building innovative business models and driving transformational growth for global companies such as iHeartMedia and Clear Channel Communications. Brandt currently leads Volta’s advertising and charging solutions businesses to deliver measurable impact to top international brands, agency partners, commercial properties, and retail locations. Brandt has led Volta’s strong revenue growth and expanded the company’s site partner relationships significantly since joining the company in 2020.” — the company said.
“Brandt has been instrumental in building upon Volta’s success and has an impressive track record in delivering growth for companies and their stakeholders,” said Vince Cubbage, Co-Chair of the Board. “We have seen Brandt in action first hand and have the utmost confidence that his talents and leadership skills will drive results and accelerate Volta’s business in this interim role.”
“Volta is a strong company with immense opportunity as the world transitions to electric mobility,” said Kathy Savitt, Co-Chair of the Board. “We want to thank Scott Mercer, who built this company with an incredible vision. As the Board conducts a complete and formal search for a permanent CEO, we are confident that Brandt will lead Volta’s teams to realize the company’s significant potential.”
“Volta has a proven, unique business model that is well-positioned for growth,” said Hastings. “I am excited to build on the company’s vision and success, helping to accelerate a clean energy future that benefits all of our stakeholders.”
Recently, Volta announced the launch of PredictEV Fleet. The product is the second within its suite of machine learning and artificial intelligence solutions for infrastructure planning. Volta signed a with multi-year commitment from Southern Company, the second-largest utility company in the United States.