Nikola Corporation

NasdaqGS:NKLA Stock Report

Market Cap: US$207.6m

Nikola Management

Management criteria checks 1/4

Nikola's CEO is Steve Girsky, appointed in Aug 2023, has a tenure of 1.25 years. total yearly compensation is $8.80M, comprised of 4.4% salary and 95.6% bonuses, including company stock and options. directly owns 0.17% of the company’s shares, worth $356.82K. The average tenure of the management team and the board of directors is 1.2 years and 3.9 years respectively.

Key information

Steve Girsky

Chief executive officer

US$8.8m

Total compensation

CEO salary percentage4.4%
CEO tenure1.3yrs
CEO ownership0.2%
Management average tenure1.2yrs
Board average tenure3.9yrs

Recent management updates

Recent updates

Nikola: Running Out Of Funds And Financing Options - Strong Sell

Nov 01

Nikola's 'One Truck At A Time' Strategy Has Only 2 Outcomes

Oct 04

Buy Nikola On Weakness To Exploit The Likely Strong Future Of Hydrogen Trucks

Sep 25

Nikola: Improved Results But Nowhere Near Viability - Sell

Aug 12

Nikola Corporation: Sell The Rally As Further Dilution May Be Looming

Jul 09

Nikola Corporation: Messy Picture Continues - Strong Sell (Rating Downgrade)

May 14

Nikola Stock Surges Past $1 Milestone After Nearly 4 Months; Is It A Buy Now?

Apr 01

Nikola Corporation: Weak 2024 Outlook With More Dilution Likely Ahead - Sell

Mar 01

Earnings Release: Here's Why Analysts Cut Their Nikola Corporation (NASDAQ:NKLA) Price Target To US$2.33

May 11
Earnings Release: Here's Why Analysts Cut Their Nikola Corporation (NASDAQ:NKLA) Price Target To US$2.33

No Room For Nikola In Booming Industry

Oct 12

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 ($USD8.80M) is above average for companies of similar size in the US market ($USD1.48M).

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$8.80m0.17%
$ 356.8k
Mary Shio Chan
Chief Operating Officer1.1yrsUS$2.49m0.020%
$ 40.6k
Britton Worthen
Chief Legal Officer & Secretary4.4yrsUS$1.24m0.019%
$ 38.4k
Thomas Okray
Chief Financial Officerless than a yearno data0.10%
$ 217.3k
Soei Shin
Head of Investor Relationsno datano datano data
Bruce Kurtt
Senior Vice President of Sales & Commercial Operations2yrsno datano data
Joseph Pike
Chief Human Resources Officer4.4yrsUS$2.15m0.012%
$ 25.4k
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 data0.0033%
$ 6.9k
Thomas Schmitt
Chief Commercial Officerless than a yearno datano data
Brian De Hoog
Corporate Controllerno datano datano data

1.2yrs

Average Tenure

59yo

Average Age

Experienced Management: NKLA's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Stephen Girsky
President4.4yrsUS$8.80m0.17%
$ 356.8k
Steven Shindler
Independent Chairman4.2yrsUS$344.83k0.035%
$ 71.7k
Mary Petrovich
Independent Director3.9yrsUS$90.20k0.0093%
$ 19.3k
Bruce Smith
Independent Director4yrsUS$82.00k0.0087%
$ 18.0k
Andrew Vesey
Independent Director2.1yrsUS$82.00k0.0074%
$ 15.3k
Michael Mansuetti
Independent Director4.4yrsUS$82.00k0.0096%
$ 19.8k
Jonathan Pertchik
Independent Directorless than a yearUS$42.45k0.0028%
$ 5.8k
John Vesco
Independent Director1.3yrsUS$79.12k0.0045%
$ 9.4k
Carla Tully
Independent Directorless than a yearno data0.0018%
$ 3.6k

3.9yrs

Average Tenure

61yo

Average Age

Experienced Board: NKLA's board of directors are considered experienced (3.9 years average tenure).