WKHS - Workhorse Group announces CEO transition
Workhorse Group (NASDAQ:WKHS), a technology company that designs and manufactures battery-electric vehicles, has appointed Richard Dauch as Chief Executive Officer and a member of the Board of Directors. Dauch will take the role on August 02, 2021 and replace Duane Hughes, who will continue as a consultant through the transition period. Dauch served as CEO of Delphi Technologies (NYSE:DLPH) most recently. In connection with the appointment, Workhorse Group is withdrawing its previously stated guidance, ensuring a sufficient review and diligence period for Dauch to establish a plan to address continuing challenges and opportunities. Shares trading 2.21% higher pre-market
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Workhorse Group announces CEO transition