---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-042846"
form_type: "8-K"
ticker: "LCID"
cik: "0001811210"
company_name: "Lucid Group, Inc."
filed_at: "2026-04-14T23:59:59+00:00"
generated_at: "2026-05-15T06:25:32.217200+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Lucid names Silvio Napoli as next CEO; Winterhoff to resume COO

## Summary
- Silvio Napoli, former Chairman/CEO of Schindler Group, appointed as next CEO effective April 15, 2026; will also join Board.
- Marc Winterhoff will continue as Interim CEO until Napoli's appointment, then resume role as Chief Operating Officer.
- Napoli receives base salary of $1.5M, target annual bonus 200% of base, initial LTI grant of $9.5M (RSUs and PSUs), and new hire PSOs up to 1M shares tied to market cap milestones from $5B to $17.5B.
- Winterhoff receives revised compensation: base salary $1M, target bonus 150% of base, annual LTI $5.4M, plus $2M retention bonuses and up to $3M performance cash bonus tied to market cap hurdles.

## SEC filing metadata
- accession: 0001104659-26-042846
- form_type: 8-K
- ticker: LCID
- cik: 0001811210
- company_name: Lucid Group, Inc.
- filed_at: 2026-04-14T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1811210/000110465926042846/0001104659-26-042846-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1811210/000110465926042846/tm2611666d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-042846
- JSON: https://secwatch.observer/filing/0001104659-26-042846.json
- Plain text: https://secwatch.observer/filing/0001104659-26-042846.txt

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