Nikola names Jonathan Pertchik to Board of Directors

Nikola (NASDAQ:) Corporation (Nasdaq: NKLA) announced Friday the appointment of Jonathan Pertchik, a highly experienced executive, to its Board of Directors.

Pertchik brings over twenty years of impactful leadership to the table, having notably held the positions of CEO and Managing Director at TravelCenters of America (TA). His career showcases significant achievements across real estate, investment groups, and startup ventures, reflecting his proven success in diverse business landscapes.

“It’s an honor to welcome Jon to Nikola’s Board of Directors. His wealth of experience in finance and customer service will be a tremendous asset as we venture into 2024,” said Nikola Chairman, Steve Shindler.

While at TA, Pertchik orchestrated a comprehensive overhaul resulting in the company’s sale at almost ten times its initial stock price. One pivotal aspect of this transformation was the implementation of a sustainable energy initiative, eTA, personally advocated by Pertchik, which notably contributed to the company’s successful sale.

Prior to his tenure at TA, Pertchik spearheaded significant changes in various other firms such as WCI Communities, ST Residential, and Intown Suites.

“I’m thrilled to join Nikola’s Board of Directors and be a part of a mission-driven team,” said Pertchik.

“I’m eager to contribute to the company’s journey as it continues to develop zero-emissions vehicle and infrastructure solutions and pioneer cutting-edge technology.”

Shares of NKLA are down 1.98% in afternoon trading on Friday.