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Nikola Announces Leadership Transition; Appoints Stephen Girsky as Chief Executive Officer

Nikola names Girsky as CEO after Lohscheller steps down

Nikola Corporation has named Steve Girsky as chief executive officer after announcing that Michael Lohscheller will step down as president and CEO

EV maker Nikola names fourth CEO in as many years

Shares of the Phoenix, Arizona-based company fell nearly 13% in early trading, after the company said Chairman Stephen Girsky will take over the helm from Michael Lohscheller, effectively immediately. Girsky was previously on the General Motors' board and was an adviser to the CEO and the finance chief of the Chevrolet parent. Separately, Nikola reported a narrower second-quarter loss as lower production of its Tre battery-electric trucks in the April-June period helped keep costs in check.

EV maker Nikola says CEO Lohscheller to step down

EV maker Nikola says CEO Lohscheller to step down
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