Nikola Promotes Michael Lohscheller To Succeed Mark Russell As President And CEO

RTTNews | 990 days ago
Stocktwits
Nikola Promotes Michael Lohscheller To Succeed Mark Russell As President And CEO

(RTTNews) - Energy infrastructure firm Nikola Corp. (NKLA) announced Wednesday that Chief Executive Officer and President Mark Russell will retire, effective January 1, 2023. The company has promoted current Nikola Motor President Michael Lohscheller to succeed Russell.

Lohscheller will assume Russell's President title and join the Nikola Board of Directors effective immediately and become CEO upon Russell's retirement. Russell will remain a member of the Board.

Lohscheller, a 20-year global automotive industry veteran, has previously held a variety of high-ranking positions including EVP and CFO at Mitsubishi Motors Europe, EVP and CFO at Volkswagen Group of America, CEO at Opel Automobile GmbH and member of the Board at PSA Group and Global CEO of VinFast.

Lohscheller joined as President of Nikola Motor in February 2022. Prior to Nikola, he was CEO of Opel, where he led the company to sustainable profitability and oversaw its transformation into a leading electrified car brand.

Tags: NKLA
Stocktwits
read more
Nikola Founder Trevor Milton Gets 4-year Prison For Fraud

Nikola Founder Trevor Milton Gets 4-year Prison For Fraud

Nikola Corp.'s founder Trevor Milton was sentenced to four years in prison for making false and misleading statements to retail investors to drive investor demand. He was also fined $1 million, and three years of supervised release. As per reports, he could be forced to forfeit property as part of his sentence. Judge Edgar Ramos reportedly allowed Milton to remain free on bail while he appeals...
RTTNews | 494 days ago
Nikola Appoints Mary Chan As Chief Operating Officer

Nikola Appoints Mary Chan As Chief Operating Officer

Nikola Corp. (NKLA) announced Monday the appointment of Mary Chan as Chief Operating Officer (COO), effective October 9, 2023. Chan will lead the company's engineering, program, product, supply chain, and manufacturing teams.
RTTNews | 585 days ago
Nikola Announces Q2 Battery-electric Truck Deliveries

Nikola Announces Q2 Battery-electric Truck Deliveries

Nikola Corp. (NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, announced Wednesday its quarterly deliveries for its battery-electric truck, with wholesale of 45 trucks and retail of 66 trucks in the quarter ended June 30, 2023.
RTTNews | 661 days ago
Swiss Market Ends Modestly Higher

Swiss Market Ends Modestly Higher

The Swiss market closed modestly higher on Friday after moving in a tight bandwith investors digesting earnings updates and continuing to track the developments on the tariff front.
RTTNews | 15h 2min ago
Tools
Economic Calendar
Market Hours
Interest Rates
Holidays Calendar
Forex Market
Forex Volatility
Forex Correlation
Forex News
forex analysis
COT Data
Liquidity
Forex Calculators
Forex Heat Map
Indicators Heatmap
Community
Community
Systems
Most Popular Systems
Strategies
Contests
Forex Charts
Forex Sentiment
Sentiment Indicator
Reviews
Brokers
Prop Trading Firms
VPS Services
Signal Providers
EA Programming Services
Affiliate Programs
PAMM Broker Services
Rebate Program Services
Trading Platforms
Expert Advisors
Crypto Exchanges
Trading Courses
Brokers
Forex Spreads
Forex Broker Quotes
Forex Broker Swaps
Forex Broker Volume
Forex Broker Promotions Press Release
Platform
Widgets
Features
API
RSS
Stock Portfolio
Affiliate Software
Advanced Charts
Support
FAQ
Help
Contact Us
Report a Bug!
About
Blog
© 2025 Myfxbook Ltd. All Rights Reserved.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.