Lucid Group Names Taoufiq Boussaid CFO

(RTTNews) - Lucid Group, Inc. (LCID), Tuesday announced the appointment of Taoufiq Boussaid as Chief Financial Officer, planned to become effective February 25, 2025.

Interim CFO Gagan Dhingra will be promoted to Senior Vice President, Finance and Accounting and also continue as Chief Accounting Officer, reporting to Boussaid once he assumes the CFO role.

Boussaid brings extensive public company finance leadership experience to the Lucid team, where he will focus on aligning key strategic, operational, and financial processes with Lucid's profit and growth objectives while driving initiatives to enhance shareholder value.

Boussaid previously served as Group Chief Financial Officer of N.V. Bekaert S.A., a Belgium-listed industrial steel and coatings technology company, from July 2019 through October 2024.