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Nikola adds crisis-tested directors to regain credibility 2,089 3 minutes read Nikola Corp. Chairman Steve Girsky has recruited three crisis-tested directors to help the electric truck startup regain credibility after a series of setbacks. (Photos: Nikola
A series of embarrassing setbacks, including allegations of fraud and deception by its founder, brought electric truck startup Nikola Corp. (NASDAQ: NKLA) crashing to Earth following a stratospheric beginning as a public company.
With Trevor Milton, the high-profile ringmaster of company hype out of the picture, Nikola since Oct. 1 has added three crisis-hardened directors with deep business, management and manufacturing expertise.
“The goal was to bring resources to the board that management can call on when needed,” Chairman Steve Girsky told FreightWaves on Tuesday. “We’ve been able to attract high-quality board members that will help us rebuild credibility with investors.”