November 20th, 2023
By Reuters

Nikola CFO Anastasiya Pasterick to resign

Nov 17 (Reuters) - (This Nov. 17 story has been corrected to say that the CFO leaves less than a year after taking up the role, not after joining the company, in paragraph 1, and removes reference from the headline)

Electric-truck maker Nikola (NKLA.O) said on Friday Chief Financial Officer Anastasiya Pasterick would resign to "pursue other opportunities" less than a year after taking up the role.

Pasterick was appointed to the role in March this year after the exit of Kim Brady, who was credited with taking Nikola public through a merger with a blank-check firm in 2020.

The company expects to wrap up its search for a new CFO soon and Pasterick will assist with a transition through Dec. 1, it said. Key financial leaders will report to CEO Stephen Girsky in the interim.

The news comes just months after Nikola named its fourth CEO in four years, with Girsky immediately taking over from Michael Lohscheller.

While automakers still expect strong U.S. demand for electric vehicles, major EV companies like Tesla (TSLA.O) and Ford Motor (F.N) have pushed back some factory buildouts in the face of economic concerns.

Nikola posted a wider loss for the third quarter on suspending sales and recalling all 209 of its battery-electric heavy duty trucks after an investigation found a coolant leak inside a battery pack causing fires in its vehicles.

Shares of the company fell as much as 2% in extended trading.

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