EVgo Inc. announced the appointment of Keefer Lehner as its new Chief Financial Officer, effective January 12, 2026. Lehner joins the company from KLX Energy Services, where he served as Executive Vice President and CFO, and he also co‑founded Quintana Energy Services. His nearly 20 years of experience in scaling energy‑sector businesses and driving EBITDA expansion positions him to support EVgo’s aggressive growth strategy.
The transition follows the retirement of long‑time CFO Paul Dobson, who will continue in an advisory capacity through March 2026 to ensure a smooth handover. Dobson’s departure marks the end of a 12‑year tenure that helped lay the financial foundation for EVgo’s rapid network expansion.
EVgo’s growth plan calls for more than a three‑fold increase in its installed fast‑charging stalls, targeting roughly 7,500 stalls over the next five years and a 25% year‑over‑year increase to 4,590 stalls in Q3 2025. The company’s guidance for 2025 remains unchanged, with baseline total revenue projected at $350–$365 million and upside potential up to $405 million, while baseline Adjusted EBITDA is expected to range from $(15) million to $(8) million, with upside to $(23) million.
Management highlighted that the company is on track for a profitability inflection point in Q4 2025, a milestone that will be supported by the new CFO’s focus on cost discipline and capital‑efficient expansion. EVgo has secured a DOE loan guarantee of up to $1.25 billion and is investing in NACS connectors to attract Tesla drivers, further strengthening its network.
CEO Badar Khan said, “Keefer brings significant experience in developing financial and operational strategies to enable growth and scale profitability.” The appointment is expected to reinforce investor confidence as EVgo continues to deliver record charging‑network revenue of $55.8 million in Q3 2025, a 33% year‑over‑year increase, and to move closer to the company’s goal of achieving Adjusted EBITDA breakeven in 2025.
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