Nikola Corporation

LSE:0A3R Stock Report

Market Cap: US$99.7m

Nikola Management

Management criteria checks 1/4

Nikola's CEO is Steve Girsky, appointed in Aug 2023, has a tenure of 1.33 years. total yearly compensation is $8.80M, comprised of 4.4% salary and 95.6% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth $112.13K. The average tenure of the management team and the board of directors is 1.3 years and 4 years respectively.

Key information

Steve Girsky

Chief executive officer

US$8.8m

Total compensation

CEO salary percentage4.4%
CEO tenure1.3yrs
CEO ownership0.1%
Management average tenure1.3yrs
Board average tenure4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Steve Girsky's remuneration changed compared to Nikola's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$635m

Jun 30 2024n/an/a

-US$861m

Mar 31 2024n/an/a

-US$867m

Dec 31 2023US$9mUS$388k

-US$865m

Sep 30 2023n/an/a

-US$887m

Jun 30 2023n/an/a

-US$697m

Mar 31 2023n/an/a

-US$730m

Dec 31 2022US$294kn/a

-US$738m

Sep 30 2022n/an/a

-US$722m

Jun 30 2022n/an/a

-US$753m

Mar 31 2022n/an/a

-US$723m

Dec 31 2021US$327kn/a

-US$690m

Sep 30 2021n/an/a

-US$673m

Jun 30 2021n/an/a

-US$485m

Mar 31 2021n/an/a

-US$471m

Dec 31 2020US$813kn/a

-US$384m

Compensation vs Market: Steve's total compensation ($USD8.80M) is above average for companies of similar size in the UK market ($USD348.94K).

Compensation vs Earnings: Steve's compensation has increased whilst the company is unprofitable.

CEO

Steve Girsky (62 yo)

1.3yrs

Tenure

US$8,798,118

Compensation

Mr. Stephen J. Girsky, also known as Steve, serves as President and Chief Executive Officer at Nikola Corporation since August 04, 2023 and served as its Acting Chief Financial Officer since February 14, 2...

Leadership Team

NamePositionTenureCompensationOwnership
Stephen Girsky
President1.3yrsUS$8.80m0.11%
$ 112.1k
Mary Shio Chan
Chief Operating Officer1.2yrsUS$2.49m0.013%
$ 12.8k
Britton Worthen
Chief Legal Officer & Secretary4.5yrsUS$1.24m0.012%
$ 12.1k
Thomas Okray
Chief Financial Officerless than a yearno data0.069%
$ 68.3k
Soei Shin
Head of Investor Relationsno datano datano data
Bruce Kurtt
Senior Vice President of Sales & Commercial Operations2.1yrsno datano data
Joseph Pike
Chief Human Resources Officer4.5yrsUS$2.15m0.0080%
$ 8.0k
Umran Ashraf
Global Head of Vehicle Engineeringno datano datano data
Ryan McGeachie
President of Energyno datano datano data
Dirk Hoefelmann
President of Energyless than a yearno data0.0020%
$ 2.0k
Thomas Schmitt
Chief Commercial Officerless than a yearno datano data
Brian De Hoog
Corporate Controllerno datano datano data

1.3yrs

Average Tenure

59yo

Average Age

Experienced Management: 0A3R's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Stephen Girsky
President4.5yrsUS$8.80m0.11%
$ 112.1k
Steven Shindler
Independent Chairman4.3yrsUS$344.83k0.023%
$ 22.5k
Mary Petrovich
Independent Director4yrsUS$90.20k0.0061%
$ 6.1k
Bruce Smith
Independent Director4.1yrsUS$82.00k0.0057%
$ 5.7k
Andrew Vesey
Independent Director2.2yrsUS$82.00k0.0048%
$ 4.8k
Michael Mansuetti
Independent Director4.5yrsUS$82.00k0.0063%
$ 6.2k
Jonathan Pertchik
Independent Directorless than a yearUS$42.45k0.0018%
$ 1.8k
John Vesco
Independent Director1.3yrsUS$79.12k0.0030%
$ 3.0k
Carla Tully
Independent Directorless than a yearno data0.0011%
$ 1.1k

4.0yrs

Average Tenure

61yo

Average Age

Experienced Board: 0A3R's board of directors are considered experienced (4 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 12:26
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Nikola Corporation is covered by 16 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Thomas MordelleBryan Garnier & Co
Paul de FromentBryan Garnier & Co
Gregory LewisBTIG