Nikola (NKLA): Steve Shindler Appointed To Board Of Directors

By Amit Chowdhry ● October 5, 2020
  • Nikola Corporation (NASDAQ: NKLA) recently announced that it appointed Steve Shindler as a new independent director

Nikola Corporation (NASDAQ: NKLA) recently announced that it appointed Steve Shindler as a new independent director. In connection with the appointment, the Nikola Board of Directors has named Shindler Chair of the Audit Committee. And Nikola also announced that Lonnie Stalsberg has decided to retire after more than three years on the Nikola Board.

Shindler is known as being a seasoned executive who brings significant corporate financial management and strategic planning experience to Nikola’s Board. And he most recently served as Chief Financial Officer of VectoIQ Acquisition Corp., which is a publicly-traded special purpose acquisition company (SPAC) focused on opportunities in the industrial technology, transportation, and smart mobility industries until its business combination with Nikola Corporation in June 2020.

And Shindler also serves as a director of NII Holdings, a holding company that previously owned providers of wireless communication services under the Nextel brand in Latin America. Before joining VectoIQ, Shindler served as Chief Executive Officer of NII from December 2012 until August 2017. Plus he also served as Executive Chair of NII from February 2008 to July 2012 and as CEO from 2000 until February 2008. Prior to joining NII, Shindler was Executive Vice President and CFO of Nextel Communications from 1996 to 2000.

KEY QUOTES:

“We are pleased to welcome a leader of Steve’s caliber to the Nikola Board. With his strong financial acumen, Steve’s talents will complement the diverse skills and experience of our current directors, and I am confident he is well-positioned to serve as Chair of the Audit Committee. Importantly, I know Steve shares our vision of leaving the world a better place. We look forward to benefiting from Steve’s financial and operational insights as we continue to execute on our strategy and deliver on our milestones.”

“We thank Lon for his many contributions to the Nikola Board over the past three years, and wish him all the best.”

— Steve Girsky, Chairman of Nikola’s Board of Directors

“I am honored to join the Nikola Board of Directors. Nikola’s zero-emission energy and transportation solutions are increasingly important as policymakers worldwide adopt stricter emissions standards and shift toward prioritizing sustainability. I look forward to working closely with my fellow Board members to continue building on Nikola’s momentum and create value for shareholders.”

— Steve Shindler