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Nikola Picks Michael Lohscheller To Succeed Mark Russell As CEO

Nikola Corp (NASDAQ:NKLA) has named current Nikola Motor President Michael Lohscheller as its next CEO.  Nikola’s CEO and President Mark…
byAkanksha Bakshi
August 10, 2022
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  • Nikola Corp (NASDAQ:NKLA) has named current Nikola Motor President Michael Lohscheller as its next CEO. 
  • Nikola’s CEO and President Mark Russell will retire, effective January 1, 2023, and will remain a member of the Board.
  • Lohscheller will assume Russell’s President title, join the Nikola Board immediately, and become CEO upon Russell’s retirement.
  • Lohscheller joined as President of Nikola Motor in February 2022. Before Nikola, he was CEO of Opel.
  • Price Action: NKLA shares are trading higher by 0.072% at $6.97 on the last check Wednesday.
 
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