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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 1:44 PM

(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.

(Reporting by Akash Sriram in Bengaluru; Editing by Maju Samuel and Sriraj Kalluvila)

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