Cheng Lu returns as CEO at TuSimple; independent directors dumped
Cheng Lu, ousted as CEO in an unannounced succession plan in March, is returning to autonomous truck developer TuSimple in his former role.
Cheng Lu, ousted as CEO in an unannounced succession plan in March, is returning to autonomous truck developer TuSimple in his former role.
Mark Russell has been selling converted options in Nikola daily since mid-September, which is not a good look for a company CEO.
A permanent replacement for TuSimple CEO Xiaodi Hou is expected soon as the company chairman and the ousted founder exchange barbs.
TuSimple fired co-founder Xiaodi Hou as CEO and kicked him off the board amid federal probes into dealings with China.
CEO Craig Knight has been ousted as Hyzon Motors CEO as financial issues heightened the trucking fuel cell maker’s risk of Nasdaq delisting.
Daimler Truck is exerting greater influence over independent subsidiary Torc Robotics by bringing in its own CEO.
Nikola Chairman Steve Girsky recruited Michael Lohscheller to lead Opel when Girsky was at General Motors. Now he’s done it again.
Jennifer Rumsey grew up in Columbus, Indiana, where Cummins Inc. is based. Next month, she will become its first female CEO.
The management shakeup at TuSimple has become a full management house cleaning. Hyliion sees early benefits following Cummins’ partnership.
TuSimple’s leadership succession plan was known inside the autonomous trucking startup, but the unexpected timing rattled investors.
Michael Lohscheller has been named president of Nikola Corp., charged with leading the electric truck maker’s global growth.
Traton Group shuffles the executive deck at Navistar, replacing CEO Persio Lisboa with former Scania executive Mattias Carlbaum.
Truck Talk is a weekly newsletter offering perspective and context on happenings in the trucking industry.
Precipitous fall in company stock is a backdrop to change at the top of struggling battery maker Romeo Power.
From a COVID outbreak to supply shortages, Workhouse Group has repeatedly missed production targets.
Less-than-truckload carrier Yellow Corp. announces the departure of its COO and chief network officer. The company announced that its strategic initiatives head, Darrel Harris, will take over as president.
J.B. Hunt Transport Services announces several changes to the executive roster on Tuesday, including the appointment of John Kuhlow as the company’s permanent chief financial officer.
After brief grooming as chief operating officer, the veteran Meritor operations leader will succeed president and CEO Jay Craig, who becomes executive chairman.
Navistar’s new CEO, Persio Lisboa, is streamlining his senior executive team to begin the truck maker’s post-Troy Clarke era.
Covenant continues to reshape the company in efforts to better focus on contract logistics and improve its financial structure.