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Posted 21 February, 2024

Nikola Corp appointed new CEO

CEO Change detected for ticker Nasdaq:NKLA in a 8-K filed on 21 February, 2024.


  (c) On February 14, 2024, the board of directors (the "Board") of Nikola Corporation (the "Company") appointed Stephen J. Girsky, the Company's President and Chief Executive Officer, as the Company's Acting Chief Financial Officer, Principal Financial Officer and Principal Accounting Officer.  

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Overview of Nikola Corp
Automotive • Commercial Vehicles
Nikola Corp. engages in the provision of zero-emissions transportation and infrastructure solutions. It designs and manufactures battery-electric and hydrogen-electric vehicles, electric vehicle drivetrains, vehicle components, energy storage systems and hydrogen fueling station infrastructure. The company was founded by Trevor Milton in 2015 and is headquartered in Phoenix, AZ.
Market Cap
$895M
View Company Details
Nikola Corp by TradingView
Relevant filing section
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(c) On February 14, 2024, the board of directors (the "Board") of Nikola Corporation (the "Company") appointed Stephen J. Girsky, the Company's President and Chief Executive Officer, as the Company's Acting Chief Financial Officer, Principal Financial Officer and Principal Accounting Officer.

Mr. Girsky, age 61, has served as President and Chief Executive Officer of the Company since August 2023 and a member of the Company's Board since January 2018. Prior to that, Mr. Girsky served as President, Chief Executive Officer and a director of VectoIQ Acquisition Corp., the Company's predecessor company, from January 2018 to June 2020. Mr. Girsky is a Managing Partner of VectoIQ, LLC, an independent advisory and investment firm based in New York. Mr. Girsky served in a number of capacities at General Motors Company (NYSE: GM), a vehicle manufacturer ("General Motors"), from November 2009 until July 2014, including Vice Chairman, having responsibility for global corporate strategy, new business development, global product planning and program management, global connected consumer/OnStar, and GM Ventures LLC, global research & development and global purchasing and supply chain. Mr. Girsky also served on General Motors' board of directors following its emergence from bankruptcy in June 2009 until June 2016. Mr. Girsky currently serves on the board of directors of Brookfield Business Partners Limited, the general partner of Brookfield Business Partners, L.P. (NYSE: BBU; TSX BBU.UN), a private equity company.

Mr. Girsky will not receive any additional compensation for assuming these interim roles, and no changes will be made to his employment agreement in connection with this appointment, a copy of which was attached as Exhibit 10.4 to the Company's Quarterly Report on Form 10-Q for the period ended September 30, 2023. 

Mr. Girsky has no family relationships with any of the Company's directors or executive officers, and he has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.