Nikola’s CFO Steps Down in Startups’ Latest High-Level Exit (1)

March 27, 2023, 10:10 PM UTC

Nikola Corp.’s chief financial officer is stepping down next month in a shake up of the zero-emission vehicle startup’s top ranks.

Kim Brady, who has been a source of stability amid managerial turmoil, will leave as finance chief at the Phoenix-based company on April 7 before departing later that month, the company said in a statement Monday. He has served as CFO since Nov. 2017.

The maker of battery-electric semi trucks reported wide misses on revenue and deliveries in the last quarter of 2022, and also failed to deliver as many vehicles as promised despite a previous guidance ...

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