Andrew Fox (businessman)
Andrew Fox | |
|---|---|
| Born | |
| Alma mater | Adelphi University |
| Known for | Co-founder and former CEO of Charge Enterprises Inc. |
| Website | andrewfox |
Andrew Fox is an American businessman who founded Charge Enterprises Inc.,[1][2] a publicly traded company specializing in electric vehicle (EV) charging stations and broadband infrastructure.[3] He previously founded Track Entertainment and served as its chief executive officer. He also serves as Managing Partner of Alliance Building Services.
Early life and education
[edit]Andrew Fox was born in Queens, New York City[4] and raised in Tampa, Florida.[5] He is the son of a union electrician.[1][6] Fox earned a Bachelor of Business Administration in Accounting from Adelphi University in 1995.[7]
Career
[edit]Fox began his career as an analyst at the investment bank Sanford Bernstein.[8] While working there, he launched ClubNYC.com, an online directory and message board featuring Manhattan nightclubs. The site aimed to generate advertising revenue.[9] In 1997, Fox left Sanford Bernstein to focus on developing the website, which later evolved into Clubplanet.com. The platform introduced guest-list management services and secured advertising agreements with nightclubs, including Limelight and The Tunnel.[9][10] Fox also launched related ventures, such as Newyears.com, a New Year’s Eve ticketing website that provided users with access to event listings and ticket sales for parties and celebrations across the United States, and NocheLatino.com, a Latino-focused version of Clubplanet.com.[4][10]
In 2002, Fox acquired Track Entertainment, an event marketing firm originally owned by Lee Heiman, and became its CEO.[8][11] Track Entertainment operated multiple websites, including Clubplanet.com and Newyears.com. By 2004, Clubplanet.com had 2.2 million registered users and listed approximately 80,000 events across 55 U.S. markets.[12][13] In 2009, he attempted to acquire Maxim magazine but was unsuccessful.[14][15] That same year, Track Entertainment’s revenue grew to $29 million.[16] In 2012, Fox launched Spreadsave.com, a deal-aggregation website compiling retail offers.[17]
Fox also serves as a Managing Partner at Alliance Building Services.[18]
Charge Enterprises
[edit]Fox founded the company in 2019, bringing Kenny Orr and Craig Denson as the founding team members of Charge Enterprises in 2021.[1] The company initially focused on infrastructure for micromobility, including charging docks for e-scooters and e-bikes in cities such as New York and Atlanta.[19][20] Its docking stations were integrated into urban spaces through agreements with parking garages, lots, and gas stations, resulting in over 400 locations in New York City and 250 stations in Atlanta.[21][22][19] This work in micromobility infrastructure led to the company’s transition into Charge Enterprises Inc., which initially focused on telecommunications and broadband infrastructure before shifting its focus to EV charging solutions.[7][23]
Fox became a Director of the company in 2020 and Chairman and CEO in 2021.[7] He subsequently rebranded the company as Charge Enterprises, Inc. that same year.[24][23] The company went public on the Nasdaq in April 2022 under the ticker symbol "CRGE" and announced plans to install EV charging stations at 1,000 U.S. dealerships by 2025.[25][22]
Charge Enterprises operates in two segments, Infrastructure and Telecommunications.[23] The Infrastructure segment provides broadband, wireless, electrical contracting, electric vehicle charging, and fleet services. The Telecommunications segment offers IP-based and time-division multiplexing access for long-distance voice and data transmission, domestic switching services, carrier-grade routers and switches, and interconnection solutions for voice and data communications.[23]
Fox resigned from his positions as Chairman and CEO in August 2023.[26]
References
[edit]- ^ a b c Kitman, Jamie Lincoln (2022-03-03). "When Electric Cars Rule the Road, They'll Need Spots to Power Up". The New York Times. Archived from the original on 2022-03-03. Retrieved 2024-12-31.
- ^ "Andrew Fox, Charge Enterprises Inc: Profile and Biography". Bloomberg News. Retrieved 2025-01-02.
- ^ Randles, Jonathan (2024-03-07). "EV Charge Station Maker Charge Enterprises Files Bankruptcy". Bloomberg News. Retrieved 2024-12-31.
- ^ a b />Covert, James (2011-12-30). "The king of Times Square". New York Post. Retrieved 2024-12-31.
- ^ "Built To Enjoy: Andrew Fox's 100% Owned $30M ClubPlanet". Sramana Mitra. 2010-07-14. Retrieved 2024-12-31.
- ^ Fox, Andrew (2023-04-18). "I'm a CEO in the booming EV space–and the son of a union electrician. Here's why I give stock options to the army of workers who install charging stations across America". Fortune. Retrieved 2024-12-31.
- ^ a b c "Fox, Andrew". The Wall Street Transcript. Retrieved 2024-12-31.
- ^ a b Fung, Amanda (2018-07-27). "Andrew Fox". Crain's New York Business. Retrieved 2024-12-31.
- ^ a b Coster, Helen (2013-06-06). "Nightcrawler". Forbes. Retrieved 2024-12-31.
- ^ a b "How 23 young millionaires built their empires". NBC News. 2005-11-08. Retrieved 2024-12-31.
- ^ Maltby, Emily (2011-01-20). "Firms With Collateral Gain an Edge". The Wall Street Journal. Archived from the original on 2024-09-13. Retrieved 2025-01-01.
- ^ "Gotham entrepreneur wants to put clubs on the Web". Las Vegas Business Press. 2004-03-15. Retrieved 2025-01-01.
- ^ "Mash-Up". Las Vegas Weekly. 2006-07-20. Retrieved 2025-01-01.
- ^ "Mogul tells Maxim: Sell or die | Page Six". Page Six. 2009-11-30. Retrieved 2025-01-02.
- ^ Moses, Lucia (2009-12-01). "Maxim Strikes Back at Potential Bidder". Adweek. Retrieved 2025-01-02.
- ^ Needleman, Sarah (2010-12-23). "Entrepreneurs Ask Santa for Loans, Lower Taxes". The Wall Street Journal. Retrieved 2025-01-02.
- ^ Pofeldt, Ellaine (2012-08-29). "Nightclub entrepreneur moves into daily deals". Crain's New York Business. Retrieved 2025-01-02.
- ^ "Alliance Building Services - Andrew Fox". Alliance Building Services. Retrieved 2024-12-31.
- ^ a b Miller, Pamela (2019-06-10). "Atlanta seeks to keep e-scooters, bikes off streets, sidewalks". The Atlanta Journal-Constitution. ISSN 1539-7459. Retrieved 2025-01-02.
- ^ "Should e-scooters become legal in New York, this startup has a plan to keep them off sidewalks". Crain's New York Business. 2019-04-17. Retrieved 2025-01-02.
- ^ "Company Looks to Take 'Charge' of e-Scooter Biz". NY1. 2019-05-14. Retrieved 2025-01-01.
- ^ a b Garsten, Ed. "Revenues Build For Charge Enterprises As Its EV Charger Business Grows". Forbes. Retrieved 2025-01-02.
- ^ a b c d "Charge Enterprises (CRGE) Stock Price, News & Analysis". MarketBeat. Retrieved 2025-01-02.
- ^ Phelan, Mark (2021-10-17). "Finding an electric vehicle charging station shouldn't be game of hide-and-seek". Detroit Free Press. Retrieved 2025-01-02.
- ^ "Charge Enterprises Approved to List on the Nasdaq Global Market; Trading to Begin on April 12, 2022, under Symbol CRGE". Nasdaq. 2022-04-07. Retrieved 2025-01-01.
- ^ "Charge Enterprises Chairman, Chief Executive Andrew Fox Resigns; Craig Denson Named Interim CEO". www.marketscreener.com. 2023-08-29. Retrieved 2025-01-01.