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Stock impact report

Lucid Group appoints permanent CEO after 14-month search [Yahoo! Finance]

Lucid Group, Inc. (LCID) 
Company Research Source: Yahoo! Finance
Luxury electric vehicle maker Lucid Group confirmed in a press release that it has appointed Silvio Napoli, former chairman and CEO of Swiss multinational company Schindler Group, as its next CEO. Napoli is currently based in Switzerland and will relocate to the U.S. to serve in the role and join Lucid's Board of Directors. Lucid COO Marc Winterhoff has been serving as interim CEO since February 2025 following the resignation of former CEO and CTO Peter Rawlinson. Dive Insight: Lucid cited Napoli's decades of experience, operational expertise, financial discipline and track record of leadership to oversee its next phase of growth as it works to scale production of Lucid Gravity SUV and Lucid Air sedan, as well as develop a new mid-size EV platform it intends to launch later this year, per the release. “On behalf of the Board, we are pleased to welcome Silvio as Lucid's next CEO,” said Turqi Alnowaiser, Chairman of Lucid's Board of Directors, in a statement. “Silvio is a pro Show less Read more
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