Nikola names Michael Lohscheller as next CEO

-Nikola Corp stated on Wednesday that Michael Lohscheller will take over because the electric-truck maker’s chief govt officer when Mark Russell retires on Jan. 1 subsequent 12 months.

Lohscheller, who joined the corporate in February, will take over as president from Russell and be a part of Nikola’s board efficient instantly, the corporate stated.

Lohscheller was the CEO of German automaker Opel earlier than taking up the function Nikola Motor’s president.

Mark Russell joined the corporate as president in 2019 and have become the CEO in 2020.

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