ChargePoint Holdings, Inc. ( CHPT ) shares are trading higher on the bourses Thursday.

The company announced the appointment of a Chief Financial Officer, Chief Development Officer for Software, and a new member of the Board of Directors.

According to Benzinga Pro, CHPT stock has lost over 78% in the past year. Investors can gain exposure to the stock via SPDR S&P Kensho Intelligent Structures ETF ( SIMS ) and Invesco WilderHill Clean Energy ETF ( PBW ) .

Mansi Khetani has been appointed Chief Financial Officer, effective July 9, 2024. Khetani has been with ChargePoint ( CHPT ) since 2018, previously leading Financial Planning and Analysis efforts before becoming interim CFO in November 2023.

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Ash Chowdappa has joined ChargePoint ( CHPT ) as Chief Development Officer for Software, where he will lead the Software team across all regions, products, and segments. 

Mitesh Dhruv has joined ChargePoint’s Board and will serve as a member of the Audit Committee. 

“Each brings unique capabilities that will help us continue to make ChargePoint ( CHPT ) the platform of choice for everyone who wants to offer EV charging and they share a deep passion to build something that is better than all other alternatives,” said Rick Wilmer, CEO of ChargePoint ( CHPT ).

Last month, the company inked a pact with LG Electronics to build a strategic partnership for future innovations in EV charging.

The initial result of this partnership will be commercial charging solutions integrating ChargePoint’s top-tier charger management software with LG’s advanced EV charging hardware, which is set to commence deliveries later this summer.

Recently, the company also inked a pact with Porsche Cars North America that will increase the number of chargers available to Porsche customers to more than 100,000 across North America.

Price Action: CHPT shares are trading higher by 2.09% to $1.95 at last check Thursday.

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