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TOM SCHMITT NAMED CHIEF COMMERCIAL OFFICER OF NIKOLA CORPORATION

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Nikola (Nasdaq: NKLA), a leader in zero-emissions transportation and energy solutions, has appointed Thomas "Tom" Schmitt as Chief Commercial Officer (CCO). Schmitt, with over 35 years of experience in transportation leadership, will oversee sales, commercial operations, dealerships, service, customer success, and marketing functions. His appointment aims to scale Nikola's business and enhance customer experience in the zero-emission Class 8 marketplace.

Schmitt's impressive career includes roles as CEO of Forward Air, CCO of Schenker, CEO of Purolator and FedEx Supply Chain. President and CEO Stephen Girsky emphasized the importance of strengthening the commercial team for Nikola's success. Schmitt expressed enthusiasm about joining Nikola's mission to decarbonize the trucking industry.

Nikola (Nasdaq: NKLA), un leader nel settore dei trasporti e delle soluzioni energetiche a zero emissioni, ha nominato Thomas "Tom" Schmitt come Chief Commercial Officer (CCO). Schmitt, con oltre 35 anni di esperienza nella leadership del trasporto, supervisionerà le vendite, le operazioni commerciali, le concessionarie, il servizio, il successo del cliente e le funzioni di marketing. La sua nomina mira a scalare il business di Nikola e migliorare l'esperienza del cliente nel mercato dei veicoli a zero emissioni Classe 8.

La carriera impressionante di Schmitt include ruoli come CEO di Forward Air, CCO di Schenker, CEO di Purolator e FedEx Supply Chain. Il Presidente e CEO Stephen Girsky ha sottolineato l'importanza di rafforzare il team commerciale per il successo di Nikola. Schmitt ha espresso entusiasmo per unirsi alla missione di Nikola di decarbonizzare l'industria dei trasporti.

Nikola (Nasdaq: NKLA), un líder en el transporte y soluciones energéticas de cero emisiones, ha nombrado a Thomas "Tom" Schmitt como Chief Commercial Officer (CCO). Schmitt, con más de 35 años de experiencia en liderazgo en transporte, supervisará ventas, operaciones comerciales, concesionarios, servicio, éxito del cliente y funciones de marketing. Su nombramiento tiene como objetivo escalar el negocio de Nikola y mejorar la experiencia del cliente en el mercado de vehículos de Clase 8 con cero emisiones.

La impresionante carrera de Schmitt incluye roles como CEO de Forward Air, CCO de Schenker, CEO de Purolator y FedEx Supply Chain. El Presidente y CEO Stephen Girsky destacó la importancia de fortalecer el equipo comercial para el éxito de Nikola. Schmitt expresó su entusiasmo por unirse a la misión de Nikola de descarbonizar la industria del transporte.

니콜라(Nikola)(나스닥: NKLA)는 제로 배출 운송 및 에너지 솔루션의 선두주자로서 토마스 "톰" 슈미트(Thomas "Tom" Schmitt)를 최고 상업 책임자(CCO)로 임명했습니다. 슈미트는 35년 이상의 운송 관리 경력을 보유하고 있으며, 판매, 상업 운영, 대리점, 서비스, 고객 성공 및 마케팅 업무를 감독합니다. 그의 임명은 니콜라의 비즈니스 규모 확장과 제로 배출 8급 시장에서 고객 경험 향상을 목표로 하고 있습니다.

슈미트의 인상적인 경력에는 포워드 에어(Forward Air)의 CEO, 쉔커(Schenker)의 CCO, 퓨롤레이터(Purolator) 및 페덱스 공급망(FedEx Supply Chain)의 CEO 역할이 포함됩니다. 스티븐 기어스키(Stephen Girsky) 회장 겸 CEO는 니콜라의 성공을 위해 상업 팀을 강화하는 중요성을 강조했습니다. 슈미트는 트럭 산업의 탈탄소화라는 니콜라의 사명에 동참하게 되어 기쁘다고 전했습니다.

Nikola (Nasdaq: NKLA), un leader dans le domaine du transport et des solutions énergétiques à zéro émission, a nommé Thomas "Tom" Schmitt en tant que Chief Commercial Officer (CCO). Schmitt, fort de plus de 35 ans d'expérience dans le leadership des transports, supervisera les ventes, les opérations commerciales, les concessions, le service, la réussite client et les fonctions marketing. Sa nomination vise à dynamiser les activités de Nikola et à améliorer l'expérience client dans le marché des poids lourds à zéro émission de Classe 8.

La carrière impressionnante de Schmitt comprend des rôles tels que PDG de Forward Air, CCO de Schenker, PDG de Purolator et de la chaîne d'approvisionnement FedEx. Stephen Girsky, président et PDG, a souligné l'importance de renforcer l'équipe commerciale pour le succès de Nikola. Schmitt a exprimé son enthousiasme à rejoindre la mission de Nikola pour décarboniser l'industrie du transport.

Nikola (Nasdaq: NKLA), ein führendes Unternehmen im Bereich der emissionsfreien Transport- und Energielösungen, hat Thomas "Tom" Schmitt zum Chief Commercial Officer (CCO) ernannt. Schmitt, der über 35 Jahre Erfahrung in der Transportführung verfügt, wird die Bereiche Vertrieb, kommerzielle Operationen, Händler, Service, Kundenerfolg und Marketing überwachen. Seine Ernennung zielt darauf ab, Nikolas Geschäft zu skalieren und die Kundenerfahrung im emissionsfreien Class 8-Markt zu verbessern.

Schmitts beeindruckende Karriere umfasst Positionen als CEO von Forward Air, CCO von Schenker, CEO von Purolator und FedEx Supply Chain. Präsident und CEO Stephen Girsky betonte die Bedeutung der Stärkung des Commercial-Teams für den Erfolg von Nikola. Schmitt äußerte seine Begeisterung, Teil von Nikolas Mission zur Dekarbonisierung der Transportindustrie zu werden.

Positive
  • Appointment of experienced transportation executive Tom Schmitt as CCO
  • Schmitt brings over 35 years of leadership experience in the transportation industry
  • Strategic move to scale Nikola's business and expand in the zero-emission Class 8 marketplace
Negative
  • None.

Skilled transportation executive positioned to further company focus on zero-emissions trucking and hydrogen infrastructure solutions

PHOENIX, Aug. 27, 2024 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, today announced the appointment of accomplished transportation executive Thomas "Tom" Schmitt as Chief Commercial Officer (CCO) of Nikola Corporation.

As CCO, Schmitt will align Nikola's commercial efforts to scale the company's business. He will oversee the company's sales, commercial operations, dealerships, service, customer success, and marketing functions.

"Fortifying our commercial team is crucial to our success as we focus on our customers' experience and expanding the zero-emission Class 8 marketplace," said President and CEO, Stephen Girsky. "Tom brings a solid track record built over the past 35-plus years that will help drive forward Nikola's strategic and operational goals, inside and out."

Schmitt brings to Nikola decades of transportation leadership, having served as CEO of Forward Air, CCO of Schenker, CEO of Purolator and FedEx Supply Chain and is a longtime board member for various well-known entities. 

"I've been following Nikola for years, and it's an honor to join this mission-driven organization with the sole goal of decarbonizing the trucking industry," said Schmitt. "I look forward to working with the passionate Nikola team in bringing that goal to fruition."

ABOUT THOMAS SCHMITT
Thomas "Tom" Schmitt is Chief Commercial Office (CCO) of Nikola Corporation.

Prior to Nikola, Schmitt served as President, Chairman and CEO of Forward Air, a major freight transportation business focused on North America. Under his leadership, Schmitt and his team led the company to profitable growth during the global COVID pandemic, with the share price more than tripling from early 2020 through December 2021.

From 2015 to 2018, Schmitt was a Management Board Member and CCO for Schenker, a freight forwarding, transportation and logistics company, operating in 140 countries with $30 billion in global revenues. He led a team of 22,000 in the Global Contract Logistics business, and as CCO, Schmitt led Schenker AG's global Sales and Marketing activities, and in his first year, the company grew by more than €1 billion.

Between 2013 and 2015, Schmitt led Aqua Terra, Canada's leading provider of natural spring water, reporting directly to the Board as one of the company's owners, together with Private Equity firm Birch Hill Partners. Under Schmitt's leadership, the company was transformed, and at the end of his tenure, Schmitt and Birch Hill executed the sale of Aqua Terra to a larger strategic buyer.

From 2010 to 2012, Schmitt served as CEO and director on the Board for Purolator, a $1.6 billion company with 12,000 employees and Canada's top parcel and freight provider. Prior to Purolator, Schmitt spent 12 years at FedEx, where he served as CEO of FedEx Supply Chain, a FedEx operating company, and led FedEx Solutions, a FedEx Services division that developed and executed specific and integrated turnkey supply chain customer solutions.

Schmitt has served as a Director on the Ferguson plc Board of Directors since 2019, and from 2015 to 2019, he served on the board of Cyberport GmbH in Dresden, Germany.  From 2014 and 2018 Schmitt was a Director on the Board of Dicom Transportation Group in Montreal, Canada; from 2013 to 2016, was a Director on the Board of Zooplus AG; and from 2008 to 2013, as a Director of the Board of Univar, Inc.  

Schmitt is a strong believer in community engagement, and served as Chair of the Memphis Chamber, as well as on the boards of Ballet Memphis and Shelby Farms Park.

He holds an MBA as a Baker Scholar from Harvard Business School and a Bachelor of Arts in European Business Administration, First Class Honours, from Middlesex University. In 2006, Schmitt was co-author of "Simple Solutions," a guide to management and leadership.

ABOUT NIKOLA CORPORATION:
Nikola Corporation's mission is clear: pioneering solutions for a zero-emissions world. As an integrated truck and energy company, Nikola is transforming commercial transportation, with our Class 8 vehicles, including battery-electric and hydrogen fuel cell electric trucks, and our energy brand, HYLA, driving the advancement of the complete hydrogen refueling ecosystem.

Nikola headquarters is based in Phoenix, Ariz. with a manufacturing facility in Coolidge, Ariz.

Experience our journey to achieve your sustainability goals at nikolamotor.com or engage with us on social media via Facebook @nikolamotorcompany, Instagram @nikolamotorcompany, YouTube @nikolamotorcompany, LinkedIn @nikolamotorcompany or Twitter @nikolamotor.

FORWARD LOOKING STATEMENTS
This press release contains certain forward-looking statements within the meaning of federal securities laws with respect to Nikola Corporation (the "Company"), including statements relating to: the Company's beliefs regarding the potential benefits of Mr. Schmitt joining the Company's executive management team; Mr. Schmitt's ability to help drive forward Nikola's strategic and operational goals; Mr. Schmitt's role in solidifying the Company's foundation for success as it works to reshape the trucking industry and drive decarbonization forward; Mr. Schmitt's ability to help align the Company's commercial efforts to scale its business; and Nikola's position at the forefront of a transformative industry. These forward-looking statements generally are identified by words such as "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "plan," "may," "should," "will," "would," and similar expressions. Forward-looking statements are predictions, projections, and other statements about future events based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: risks related to the rollout of the Company's business and milestones and the timing of expected business milestones; and the factors, risks and uncertainties regarding the Company's business described in the "Risk Factors" section of the Company's annual report on Form 10-K for the year ended December 31, 2023 filed with the Securities and Exchange Commission (the "SEC"), in addition to the Company's subsequent filings with the SEC. These filings identify and address other important risks and uncertainties that could cause the Company's actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and, except as required by law, the Company assumes no obligation to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.

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SOURCE Nikola Corporation

FAQ

Who is the new Chief Commercial Officer of Nikola (NKLA)?

Thomas "Tom" Schmitt has been appointed as the new Chief Commercial Officer of Nikola (NKLA).

What are Tom Schmitt's responsibilities as CCO of Nikola (NKLA)?

As CCO of Nikola (NKLA), Tom Schmitt will oversee sales, commercial operations, dealerships, service, customer success, and marketing functions to scale the company's business.

What is Nikola 's (NKLA) main focus according to the press release?

Nikola (NKLA) is focused on zero-emissions transportation and energy supply and infrastructure solutions, particularly in decarbonizing the trucking industry.

What is Tom Schmitt's background before joining Nikola (NKLA)?

Tom Schmitt has over 35 years of transportation leadership experience, including roles as CEO of Forward Air, CCO of Schenker, CEO of Purolator and FedEx Supply Chain.

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