Nikola Rejects Slate of Directors Nominated by Trevor Milton for Election to Nikola Board of Directors
PHOENIX, Feb. 9, 2024 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, said today that its Board of Directors has rejected a slate of five dissident nominees proposed by an entity controlled by former Executive Chairman Trevor Milton for election as directors at Nikola's 2024 Annual Meeting of Stockholders.
- The Board of Directors reviewed the director nominees and rejected the slate and does not endorse their nomination.
- The director nominees have no public company experience, add no skills or experience to the board, and indisputably lack the depth of experience that the current Nikola board members bring to the Company.
- This judgment remains unpaid, and Nikola is vigorously seeking all legal avenues to recover monies owed to the Company by Mr. Milton.
- Nikola's board of directors has the expertise and experience necessary for the Company's success, and our team stands firmly behind them.