Nikola Corp. mentioned Michael Lohscheller will take over because the electric-truck maker’s CEO when Mark Russell retires on Jan. 1.
Lohscheller will assume Russell’s president title and can be a part of the Nikola board efficient instantly. He’ll grow to be CEO on Russell’s retirement, the corporate mentioned on Wednesday.
Russell joined Nikola as president in 2019 and have become the CEO in 2020.
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