Tuesday, October 1, 2024

Nikola appoints new CFO By Investing.com


© Reuters. Nikola (NKLA) appoints new CFO

Nikola (NASDAQ:), the producer of professional quality business battery-electric automobiles, fuel-cell electrical automobiles, and vitality options, introduced the appointment of Thomas Okray as its Chief Monetary Officer (CFO) on Monday.

Nikola Company shares are down 5.7% at $0.69 per share as of 13:10 pm ET.

Okray’s place at NKLA marks his fourth tenure as CFO of a public firm, having beforehand held the place at Eaton Company, Grainger, and Advance Auto Components.

He additionally beforehand held numerous government and CFO roles at Common Motors over a 14-plus 12 months interval, together with intensive time in product improvement.

“We’re proud to welcome Tom as our CFO. Attracting somebody of his caliber is a testomony to the thrilling journey Nikola is on,” mentioned President and CEO Stephen Girsky. “Tom’s depth of economic experience, cultivated over 4 many years, will play a vital position as we broaden our provide base and profitably scale our enterprise.”

“Scaling the zero-emissions know-how at Nikola is one thing I wish to be part of,” mentioned Okray. “My reference to a few of Nikola’s management spanning many years made the choice much more pure.”

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