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EV infrastructure pioneer FOR EV has announced further expansion of its team with the appointment of Graham Neill as chief financial officer (CFO).
Supporting businesses in their transition to electric fleets through its bespoke ‘FOR Fleets’ proposition, FOR EV will soon launch its 30th public charging hub in Scotland, supporting net zero ambitions and the drive to shift the UK to electric vehicles as standard.
Graham joins FOR EV from his previous role as investment director at N4 Partners. With a background in professional services, debt finance and private equity, he has expertise across strategy and finance, having worked with several global businesses spanning sectors including oil and gas, renewables and financial services.
His appointment is described as marking another step in FOR EV’s journey, three years on from the Scottish National Investment Bank’s initial equity investment. The Bank has since provided additional funding to FOR EV, with the latest £10 million investment announced in June. The funding ‘supercharges’ the company’s plans to scale up its fleet offering and grow its network of charging destinations across the UK.
The firm plans to go to market later this year for its next round of scale-up investment.
Graham Neill said, “Making this move into the EV sector is a very exciting next step in my career. The EV world has grown significantly over the past decade, and this is only set to continue at pace as more fleets and drivers embrace electric vehicles. It’s a fast-moving industry, and one that supports Government ambition both in Scotland and the UK.
“As a company that puts all of its effort into positively impacting both people and the planet, FOR EV has established a leading market position within the EV sector and is perfectly positioned to lead the pack. I look forward to contributing to its growth journey.”
FOR EV’s CEO, Steve Dunlop, added, “Graham joins our team with fantastic knowledge of the financial landscape. After several years of growth, we’re now at a pivotal point in FOR EV’s success as we venture the wider market for funding to underpin our next growth stage. Graham will be pivotal to realising our aspirations to help even more businesses in their transition towards sustainable EV fleets.”