EV maker Lucid names Taoufiq Boussaid as CFO (updated)

NV Bekaert SA

28/01/2025 21:17

(Adds background and details in paragraphs 2,3)
       Jan 28 (Reuters) - Lucid Group  LCID.O  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  BEKB.BR  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)
 ((Akash.Sriram@thomsonreuters.com; On X as @HoodieOnVeshti;
+91-99017-77617;))