Electric vehicle startup Lordstown Motors names new CEO following Foxconn deal


Signage outside Lordstown Motors Corp. headquarters in Lordstown, Ohio, on Saturday, May 15, 2021.

Dustin Franz | Bloomberg | Getty Images

Electric vehicle startup Lordstown Motors said Tuesday that its president, Edward Hightower, will be its new CEO, effective immediately. He succeeds Daniel Ninivaggi, who moves into a strategic role as the company’s executive chairman.

Hightower, a veteran engineer with past experience at Ford Motor and General Motors, will continue to lead the company’s joint venture with Taiwanese contract manufacturer Foxconn, which bought Lordstown’s Ohio factory for $230 million in May. The joint venture plans to design and develop EVs, which will be manufactured by…


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