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EV maker Lucid names Taoufiq Boussaid as CFO
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EV maker Lucid names Taoufiq Boussaid as CFO
Jan 28, 2025 1:42 PM

Jan 28 (Reuters) - Lucid Group ( LCID ) has named

veteran finance professional Taoufiq Boussaid as its chief

financial officer, the electric vehicle maker said on Tuesday,

more than a year after Sherry House stepped down from the role.

Boussaid was previously Group CFO of Belgium-listed steel

and coatings technology company NV Bekaert SA and

contributed to reducing debt load from July 2019 to October

2024, Lucid said.

The move comes as Lucid ramps up production of the Lucid

Gravity SUV in a bid to expand its customer base.

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