Nikola names Michael Lohscheller as next CEO

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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.