© Reuters. FILE PHOTO: U U.S. Nikola’s logo is pictured at an event held to present CNH’s new full-electric and Hydrogen fuel-cell battery trucks in partnership with U.S. Nikola event in Turin, Italy, December 3, 2019. REUTERS/Massimo Pinca
(Reuters) -Nikola Corp said on Wednesday that Michael Lohscheller will take over as the electric-truck maker’s chief executive officer when Mark Russell retires on Jan. 1 next year.
Lohscheller, who joined the company in February, will take over as president from Russell and join Nikola’s board effective immediately, the company said.
Lohscheller was the CEO of German automaker Opel before taking on the role Nikola Motor’s president.
Mark Russell joined the company as president in 2019 and became the CEO in 2020.