Bloomberg Law speaks with prominent attorneys and legal scholars, analyzing major legal issues and cases in the news. googletag.pubads().collapseEmptyDivs(); You can get his details from Dreshare, though. It operates through two business units, Truck and Energy. Mr Russell is 58, he's been the Pres and CEO & Director of Nikola since . Mark A Russell - NKLA / Nikola Corporation - Insider Trade Report EXTENDED This page shows the track record and history of RUSSELL MARK A insider trades in Nikola Corporation. According to Russells assertion, Nikola effectively guided its Arizona fabricating office to finish its first period of development in the year 2021. Russell was briefly a billionaire when Nikolas stock traded at over $60, and Forbes calculated his stake in the company was worth over $1.3 billion on June 12, 2020. According to an estimate, Mark Russells age is around 50-55 years old (as of 2020). He has additionally aptitudes, how to fabricate, and oversees enormous organizations. He said it is in effect until sometime after the new year.. Besides his partner, he also has four children in his household. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines. But the market reversal the S&P 500 is down more than 30% this year led Nikola to cancel the $40 and $55 tiers and extend the $25 bogey until June 2024 from next June. CEO Mark Russell verteidigt das Geschftsmodell des Truck-Start-ups. 8. It is not yet clear how this will happen with shoppers and the amount they are at last ready to dish out. googletag.pubads().enableSingleRequest(); Mark A Russell is the Director of Nikola Corp and owns about 1,959,917 shares of Nikola Corp (NKLA) stock worth over $4 Million . On average, Nikola executives and independent directors trade stock every 17 days with the average trade being worth of $1,941,547. The compensation, which includes salary, bonus and stock awards, was proposed to a total of six people, including chief executive officer and president Mark Russell with $159.2 million and. He is well-known in the country as the president and Chief Executive Officer (CEO) of a popular electrical motor vehicle company named Nikola Corporation. According to Wikipedia, Nikola Corporation was founded as Nikola Motor Company by Trevor Milton in the year 2014 in Salt Lake City, Utah, U.S. Its headquarters are situated in Salt Lake City, Utah, U.S. over $341.31K on January 3, 2023. Shares of NKLA stock are down by more than 75% year-to-date. Russell will be succeeded by Michael Lohscheller, formerly CEO of German automaker Opel, who joined Nikola in February. 10 Things You Didn't Know about Nikola CEO Mark Russell - Money Inc He also earns $173,077 as President, CEO, and Director at Nikola. forearm pass in volleyball steps fire department permission to enter form. Russell joined Nikola's management team in February 2019, six months after stepping down as president and chief operating officer of steel products manufacturer and automotive supplier. His most recent sale occurred on Dec. 19 when he sold out of 75,000 shares at an average price of $2.28 per . Russell, who was president and COO at Midwestern industrial conglomerate Worthington Industries before joining Nikola in February 2019, held stock and options in the Phoenix-based company. Mr Russell owns over 150,000 units of Nikola stock worth over $5,331,483 and over the last 16 years he sold NKLA stock worth over $2,155,222. During today's call we will make. The estimated Net Worth of Mark A Russell is at least $2.83 Milln dollars as of 22 August 2018. Insider trading is most common in April, with the busiest year in 2022. -2.37%. Russell, 56, joins Nikola at a time when the company is poised to start production of several groundbreaking zero-emission vehicles. Eddie Pan specializes in institutional investments and insider activity. Its current net valuation is projected to be over $25 million. He is also a highly qualified engineer, general manager of Worthington Industries and head of machinery manufacturing in the Midwest with over 20 years of manufacturing experience. 1125 N. Charles St, Baltimore, MD 21201. googletag.defineSlot('/21776187881/fw-responsive-main_content-slot2', [[468, 60], [728, 90], [300, 100], [320, 50]], 'div-gpt-ad-1665767472470-0').defineSizeMapping(gptSizeMaps.banner1).addService(googletag.pubads()); All those years, I promised my wife that when I retired, I would start to diversify, he said. Former Nikola CEO Mark Russell Keeps Selling NKLA Stock In. Controversial Nikola electric truck goes into production - Drive Nikola went public on June 4, 2020, at $37.55 per share before surging 75% within a week of trading. With less than 20 games to go, the Clippers, touted as one of the teams that would be legitimate title contenders, will need to notch up some wins to even make the playoffs as the regular season promises to end on a . He currently resides in Buffalo. This site uses Akismet to reduce spam. Mark Russell is president of Nikola Corporation. Since then, Zhou has overseen Phoenix Motorcars IPO, which came to a conclusion in very, Read More 10 Things You Didnt Know about Dr. Lance ZhouContinue. There is hope that he can keep riding this momentum in order to turn a profit. It is evident that he is an American by birth. 5 Hypergrowth Stocks With 10X Potential in 2023, Robert Bollinger: Meet the Man Behind Mullens Push Into Commercial EVs, A.I. }); Insider sales are reported every few days on SEC Form 4, required when company executives or board members buy or sell stock. Nikolas CEO took birth to his parents between the years 1965-1970 in the United States. Lets check out Mark Russell Net worth income salary 2021 report details which is given below. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. As per him, he has experience with more than 20 years in the manufacturing business. It is no secret that tax credits are an important part of making EVs profitable. mark russell nikola net worth Mark Russell net worth, bio and Nikola Corp insider trades. Russell owns over 40,000 units of Nikola stock worth over $2,008,438 and has sold NKLA stock worth more than $0. Embattled Electric Truck Maker Nikola Delivers Good News He was born as Mark A Russell in a Christian family. These consistent and orderly sales by Russell do not convey a positive image for Nikola. Net Worth. Kann Nikola zum Tesla der LKW-Industrie werden - oder ist es eine Luftnummer wie Wirecard? That can be a bit older than is normally expected of a top executive, but performance is what matters most in the end. Copyright 2023 CVVNEWS. Nikola CEO Mark Russell Has Been Selling Shares 9/20/2022 and MM Residual Llc In addition, he makes $173,077 as Pres and CEO & Director at Nikola. mark russell nikola net worth - neighborhoodphumy.com Mark Russell is CEO of EV truck company Nikola. In June 2020, Mark Russell showed up as a visitor at Benzingas PreMarket Prep meeting and discussed their hydrogen energy unit trucks to businesses. Aaron Tan became an entrepreneur before starting high school. As a feature of the consolidation, organizer and CEO Trevor Milton had his title changed from CEO to Executive Chairman, after Mark Russell became the CEO and president. Mark Russell net worth and salary: Mark Russell is a Comedian who has a net worth of $6.4 billion. When you have green technologies like the kind his company is creating, it is no surprise that you are always looking for ways to boost revenue. A Division of NBCUniversal. Mark Russell Named Nikola President - Nikola Motor Company Mark A. Russell is the Pres, CEO & Director at Nikola. According to ZoomInfo records, Mark Russell's professional experience began in 1998. }); googletag.cmd.push(function() { It is impressive that he was able to make switch from one industry to another with little hesitation. Some Lesser Known Facts About Mark Russell, Anushka Malhotra Height, Weight, Age, Boyfriend, Biography, Family & Wiki, Paul Eilers (Actor) Age, Wife, Biography, Family, Death Cause & Wiki, Dr. Stella Immanuel (MD) Age, Husband, Biography, Family & More, Abhishek Banerjee (Actor) Height, Age, Wife, Biography, Family & Facts, Jessalyn Grace Wiki, Height, Weight, Age, Bio, Net worth, Family, Affairs & Facts, Andretta Smothers Wiki, Age (Gervonta Davis Girlfriend) Biography, Family, Karen Gallman Wiki, Age, Height, Boyfriend, Biography, Family & More. Current Nikola Motor president, Michael Lohscheller, will take on the mantle and become CEO upon Russell's retirement. Total Mark Russell Net Worth in 2021 $1 Million - $5 Million (Approx.) googletag.defineSlot('/21776187881/FW_Super_Leaderboard', [[300, 50], [970, 90], [300, 100], [728, 90]], 'div-gpt-ad-1668097889433-0').defineSizeMapping(gptSizeMaps.banner2).addService(googletag.pubads()); Mark Russell Net Worth Since September, Russell has sold 75,000 shares of NKLA stock nearly every other day. Ashlee Vance explores innovations in new tech, software, engineering, and science in places outside of Silicon Valley. window.googletag = window.googletag || {cmd: []}; Nasdaq However, its net loss widened to $152.94 million from $120.2 . As far as his age is concerned, he could be between 50 and 55 years of age. Most recently he exercised 150,000 units of NKLA stock worth $159,000 on 29 December 2022. googletag.pubads().collapseEmptyDivs(); How much is Trevor Milton worth? He is also the current president and CEO of Nikola Motor Corporation, a popular electric vehicle manufacturer. Mark Russell Wikipedia. Nikola CEO Mark Russell will retire at the end of the year, the company announced Wednesday. Russell pointed out that he has not sold any of the 2.8 million shares of Nikola stock he owns outright. Mark Russell Age : 60 Public asset : 110,459,082 USD Country of residence : Unknown Linked companies : Nikola Corporation - Romeo Power, Inc. He Thinks Hydrogen is the Future of Alternative Vehicles, 6. He will be succeeded by Michael Lohscheller, a former Opel CEO, who joined Nikola in February. He is a graduate of Brigham Young University and Weber State University, where he earned his academic degree. Mark Wahlberg Net Worth | Celebrity Net Worth Nikola Tesla | Biography, Facts, & Inventions | Britannica Hydrogen cells are, supposedly, more successful and cause less harm to the climate over the long. According to Mr Russell, a hydrogen fuel-cell version on the Nikola Tre is also in development and set for production. mark russell nikola net worth - Neighborhoodphumy.com Mark Russell who sold, In the last 2 years, insiders at Nikola Corp have sold an estimated value of, https://www.sec.gov/Archives/edgar/data/1731289/000119312521165953/d41152ddef14a.htm, Mailing address is 200 Old Wilson Bridge Road Columbus OH 43085 OH. what challenges do advertisers face with product placement? Mark Wahlberg has a net worth of $400 million.