Lucid announces CEO transition

By InBusiness

Lucid Group, Inc., maker of  electric vehicles, announced Peter Rawlinson has stepped aside from his prior roles. He will transition to the role of Strategic Technical Advisor to the Chairman of the Board. Marc Winterhoff, Chief Operating Officer, has been appointed Interim Chief Executive Officer.

As part of the company’s regular succession planning process, the Board has initiated a search to identify Lucid’s next Chief Executive Officer with the support of a leading executive search firm. The new CEO will help Lucid execute its strategy and prepare for the next chapter.

Lucid assembles both vehicles in its state-of-the-art, vertically integrated factory in Arizona.

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