Michael Lohscheller took the role of CEO at Nikola Corporation on November 3, 2022, coming from a strong automotive background. Before joining Nikola, he was the Global CEO of VinFast and held senior roles at major companies like Opel and...
Michael Lohscheller took the role of CEO at Nikola Corporation on November 3, 2022, coming from a strong automotive background. Before joining Nikola, he was the Global CEO of VinFast and held senior roles at major companies like Opel and Volkswagen. Lohscheller is equipped with a Master's degree in marketing management from Brunel University and a Bachelor's in business administration from Osnabrück University of Applied Sciences. He worked as President of the Nikola Motor division before stepping up as CEO, a position he held until August 2023. Under his leadership, he aimed to pivot Nikola towards the sustainable transport space, but he left as part of a leadership transition. Notably, Lohscheller participated in performance-based stock unit grants, aiming to align his success with the company's stockholder interests, demonstrating a focus on long-term growth. His previous insider trading activity reflected confidence in Nikola's stock, varying from millions in significant transactions that fluctuated widely during his time at the company. Lohscheller’s journey showcases his readiness to navigate the evolving automotive landscape, albeit with challenges that led to changes in leadership.