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Nikola Announces Leadership Transition

TREVOR MILTON STEPS DOWN AS EXECUTIVE CHAIRMAN; STEPHEN GIRSKY APPOINTED CHAIRMAN OF THE BOARD

Nikola Corporation announced that Trevor Milton proposed to voluntarily step aside as executive chairman and from the board. The board appointed Stephen Girsky, former vice chairman of General Motors Co. and a member of Nikola’s board, effective immediately.

“Nikola is truly in my blood and always will be,” Milton says. “The focus should be on the company … not me. As we move forward, I am confident Steve is the right leader to guide our vision at the board level.”

Milton also states that Girsky has been an early believer and supporter of Nikola. Girsky has more than 30 years’ experience working with OEM leaders, suppliers, dealers, labor leaders, and national policy makers. He has also served as a director of numerous public companies, Milton says.

“We remain committed to delivering on our objectives and creating value for our shareholders,” says Mark Russell, Nikola’s CEO. “Along with the rest of the management team, I will continue to work closely with Steve and the board to advance Nikola’s vision for the future.”

Russell also states that Nikola’s priorities “remain unchanged and, in collaboration with our partners, we are laser-focused on executing on our strategic initiatives and laying the groundwork to become a vertically integrated zero-emissions transportation solutions provider.”

Find out more, visit www.nikolamotor.com.

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