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Lucid names auto industry outsider as CEO, expands Uber deal

LCID
Management & GovernanceAutomotive & EVCompany Fundamentals

Lucid Group has appointed the former chairman and CEO of Schindler Group as its new chief executive. The move is a leadership change rather than an operational update, so it is likely to be viewed as a governance and strategy signal for the EV maker. No financial terms or business outlook details were provided.

Analysis

Lucid Group has appointed the former chairman and CEO of Schindler Group as its new chief executive. The move is a leadership change rather than an operational update, so it is likely to be viewed as a governance and strategy signal for the EV maker. No financial terms or business outlook details were provided.

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