Nikola (NKLA) announced that Trevor Milton approached the board and proposed to voluntarily step aside as Executive Chairman. The board accepted his proposal, and Stephen Girsky, former Vice Chairman of General Motors (GM) and a member of Nikola's board, has been appointed Chairman of the Board, effective immediately. "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. 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. We've built a deep bench of talent over the years, and I am confident that Nikola's Chief Executive Officer, Mark Russell, supported by Chief Financial Officer, Kim Brady, and the rest of the leadership team will advance our goal of making Nikola the global leader in zero-emissions transportation. I want to thank all of Nikola's employees, investors and partners who have shared in my vision and rallied behind Nikola during this time."