Girsky. — Reuters
PHOENIX: Electric truck maker Nikola said today that Michael Lohscheller will step down as chief executive officer less than a year after taking over the job and would be replaced by Stephen Girsky at the end of the month.Girsky, who is currently the company's chairman, will be Nikola's fourth CEO in as many years. His appointment comes as the company turns its focus to fuel-cell-powered electric trucks.
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.
Lohscheller has decided to step down due to a family health matter and will be returning to Europe, the company said, adding that he would remain in an advisory capacity through the end of September.
Prior to Nikola, Lohscheller was the CEO of Vietnamese automaker Vinfast from July 2021 after he resigned as Stellantis' Opel boss. He left Vinfast after only six months.
