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Mark Russell, chief executive officer of Nikola Corp., left, during a media briefing at the unveiling of the Iveco-Nikola electric truck plant in Ulm, Germany, on Wednesday, Sept. 15, 2021.
Andreas Grebert | Bloomberg | Getty Images
Nikola CEO Mark Russell will retire at the end of the year, the company announced Wednesday.
Russell will be succeeded by Michael Lohscheller, formerly CEO of German automaker Opel, who joined Nikola in February.
Lohscheller, who currently leads Nikola’s truck-making operation, will become the company’s president and join its board of directors immediately.
Chairman Steven Girsky said in a statement that Lohscheller has had a significant impact on Nikola in his…
Source cnbc.com
