---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-151207"
form_type: "8-K"
ticker: "LCID"
cik: "0001811210"
company_name: "Lucid Group, Inc."
filed_at: "2021-12-17T23:59:59+00:00"
generated_at: "2026-06-28T00:12:43.754173+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Lucid VP of Finance Mike Smuts separating; Gagan Dhingra named new VP of Accounting

## Summary
- Mike Smuts, VP of Finance, separates effective Dec 14, 2021, provides transition services through Jan 17, 2022.
- Smuts eligible for severance benefits under Executive Severance Benefit Plan due to Qualifying Termination.
- Gagan Dhingra appointed VP of Accounting and Internal Controls, Principal Accounting Officer.
- Mustally Hussain appointed Managing Director for Treasury and Financial Services earlier in December.
- Departure is part of planned succession; new roles filled to strengthen finance leadership.

## SEC filing metadata
- accession: 0001104659-21-151207
- form_type: 8-K
- ticker: LCID
- cik: 0001811210
- company_name: Lucid Group, Inc.
- filed_at: 2021-12-17T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1811210/000110465921151207/0001104659-21-151207-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1811210/000110465921151207/tm2135810d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-151207
- JSON: https://secwatch.observer/filing/0001104659-21-151207.json
- Plain text: https://secwatch.observer/filing/0001104659-21-151207.txt

## Key facts
- Executive change
  Mike Smuts departed as Vice President of Finance at Lucid Group, Inc..
  - Action: separating
  - Role: Vice President of Finance
  source text: As of December 14, 2021, Mike Smuts, the Vice President of Finance of Lucid Group, Inc. (“Lucid” or the “Company”), is separating from the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1811210/000110465921151207/0001104659-21-151207-index.htm
- Executive change
  Gagan Dhingra was appointed as Vice President of Accounting and Internal Controls, Principal Accounting Officer at Lucid Group, Inc..
  - Action: appointed
  - Role: Vice President of Accounting and Internal Controls, Principal Accounting Officer
  source text: Lucid previously announced the appointment of Gagan Dhingra as Vice President of Accounting and Internal Controls, Principal Accounting Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1811210/000110465921151207/0001104659-21-151207-index.htm
- Executive change
  Mustally Hussain was appointed as Managing Director for Treasury and Financial Services at Lucid Group, Inc..
  - Action: appointed
  - Role: Managing Director for Treasury and Financial Services
  source text: Earlier this month, Lucid also appointed Mustally Hussain as Lucid’s Managing Director for Treasury and Financial Services.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1811210/000110465921151207/0001104659-21-151207-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.