Lucid Group, Inc. (LCID) Names Neil Marsons as SVP, Supply Chain

Group 1: Company Developments - Lucid Group, Inc. has appointed Neil Marsons as Senior Vice President of Supply Chain, responsible for global supply chain expansion and manufacturing support in Arizona and Saudi Arabia [1] - Marsons previously served as Group Chief Procurement Officer at Rolls-Royce and has been advising Lucid on supply chain strategy for the past six months [1] - Claudia Gast, the Senior Vice President of Strategy and Business Development, is leaving the company to pursue new opportunities [1] Group 2: Financial Performance - Baird analyst Ben Kallo has reduced the price target for Lucid Group, Inc. to $14 from $17 while maintaining a Neutral rating after uneven Q4 deliveries [2] - In 2025, Lucid produced 18,378 vehicles and delivered 15,841 vehicles, with Q4 production at 8,412 vehicles and deliveries at 5,345 [2] Group 3: Product and Services - Lucid Group, Inc. designs, develops, and manufactures electric vehicles and energy storage solutions, as well as providing battery pack systems for hybrid, plug-in, and electric vehicles [3]