November 21, 2024 4:16 pm
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Nikola CEO to retire at end of this year

By Andy Blye | Phoenix Business Journal

Mark Russell, president and CEO of Phoenix-based Nikola, announced plans to retire on Wednesday and the company named an auto industry veteran to replace him.

Michael Lohscheller, currently serving as a president at Nikola, will become the company’s next CEO, effective Jan. 1, 2023. Lohscheller joined Nikola in February and previously held executive roles at Mitsubishi Motors Europe, Volkswagen Group of America and Opel Automobile, a German car maker.

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