Nikola gets a new Executive Chairman
Trevor Milton approached the Board of Directors to voluntarily step aside as Executive Chairman.
About a week ago, Nikola was putting its guard up after Hindenburg Research was throwing around some serious claims, but Nikola has announced that Stephen Girsky, former Vice Chairman of General Motors Co. and a current member of Nikola’s Board of Directors, has been appointed Chairman of the Board.
The change was made after Trevor Milton approached the Board of Directors. He proposed that he aside as Executive Chairman and from the Board and Girsky stepped in.
“Nikola is truly in my blood and always will be, and the focus should be on the Company and its world-changing mission, not me,” said Milton. “So I made the difficult decision to approach the Board and volunteer to step aside as Executive Chairman. Founding Nikola and growing it into a company that will change transportation for the better and help protect our world’s climate has been an incredible honor.”
Milton went on to say, “As we move forward, I am confident Steve is the right leader to guide our vision at the Board level. In addition to being an early believer and supporter of Nikola, Steve has more than 30 years of experience working with OEM leaders, suppliers, dealers, labor leaders and national policy makers, and has served as a director of numerous public companies.”
Girsky said, “On behalf of the Board, I want to thank Trevor for his visionary leadership and significant contributions to Nikola since its founding. Trevor saw the possibility of creating an end-to-end zero-emission transportation system when the industry was still in its nascent stages and took action to build the Nikola of today, with world-class partnerships, groundbreaking R&D, and a revolutionary business model. I know I speak for everyone at Nikola in our gratitude and in wishing him all the best.”