Former Wal-Mart Stores President and CEO, Bill Fields, Appointed to CarCharging’s Board of Directors

Bill Fields Adds Extensive Retail and Manufacturing Experience to Electric Vehicle (EV) Charging Service Provider

Car Charging Group, Inc., a nationwide provider of convenient electric vehicle (EV) charging services, announced today the appointment of former President and Chief Executive Officer of Wal-Mart Stores (“Wal-Mart”), William “Bill” Fields, to its Board of Directors. During his 25-year career with Wal-Mart, Mr. Fields was responsible for over 2,000 stores and 600,000 employees, and directed strategic planning in operations, merchandising, marketing, and logistics.

In addition to serving as President and Chief Executive Officer of the Wal-Mart Stores Division, Mr. Fields held various senior executive positions within the organization, including Assistant to Wal-Mart Founder, Sam Walton; Senior Vice President of Distribution and Transportation; and Executive Vice President of Wal-Mart, Inc. After leaving Wal-Mart, Mr. Fields served as Chairman and Chief Executive Officer of Blockbuster Entertainment Group, a division of Viacom, Inc.; and President and Chief Executive Officer of Hudson’s Bay Company, a 328 year-old Canadian retail corporation.

“Bill Fields has a wealth of retail and manufacturing knowledge and experience, and we are so pleased to have him join CarCharging’s Board of Directors,” said Michael D. Farkas, CEO of CarCharging. “With the recent appointment of former Governor of New Mexico, Bill Richardson, as our Chairman of the Board, we look forward to continuing to develop our independent Board of Directors and working towards fulfilling all of the necessary requirements to assist us in becoming listed on a national stock exchange.”

“I am delighted to join CarCharging’s Board of Directors,” said Bill Fields. “The electric car market has finally reached its tipping point, becoming more mainstream. Electric cars were once considered the future, but the future is here, the time is now. I look forward to assisting the management team in their efforts to expand their charging services to include residential charging equipment and offer the equipment via major retailers.”

Mr. Fields currently serves as Chairman and Founder of Four Corners Sourcing, and is a Director of Lexmark International, Inc. Mr. Fields also served as a board member of the National Retail Foundation and United Way of America.

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