Lucid Announces New Chief Financial Officer

Core Insights - Lucid Group, Inc. has appointed Taoufiq Boussaid as Chief Financial Officer, effective February 25, 2025, to support the ramp-up of production for the Lucid Gravity SUV and to achieve strategic goals [1] - Interim CFO Gagan Dhingra will be promoted to Senior Vice President, Finance and Accounting, continuing as Chief Accounting Officer [1] - Boussaid brings extensive experience in strategic finance and operational transformation, having previously served as Group CFO of N.V. Bekaert S.A. and held key finance positions at Bombardier Transportation and United Technologies Corporation [1] Company Overview - Lucid Group is a Silicon Valley-based technology company focused on creating advanced electric vehicles (EVs), including the award-winning Lucid Air and the new Lucid Gravity [2] - The company emphasizes best-in-class performance, sophisticated design, expansive interior space, and unrivaled energy efficiency in its vehicles [2] - Lucid assembles its vehicles in a state-of-the-art, vertically integrated factory located in Arizona, advancing EV technology through industry-leading innovations [2]