Lucid appoints Taoufiq Boussaid as CFO; Gagan Dhingra promoted to SVP Finance

Lucid Group, Inc.

Boussaid to join Jan 29, 2025, become CFO upon filing of 2024 10-K; previously CFO at Bekaert.
Compensation: $575k base, 90% target bonus, $2M signing bonus, $4M RSU, $6M PSU.
Dhingra promoted to SVP Finance & Accounting; remains principal accounting officer. Salary $475k, target 75%, $250k bonus, $400k RSU + $600k PSU.
Dhingra ceases as interim CFO upon Boussaid's appointment; will report to Boussaid.

item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Gagan Dhingra

Senior Vice President, Finance and Accounting

LCID · Lucid Group, Inc.

Filed: January 28, 2025, 6:59 PM ET

On the effective date of Mr. Boussaid’s appointment as Lucid’s Chief Financial Officer, Gagan Dhingra will cease serving as the Company’s Interim Chief Financial Officer, and will be promoted to Lucid’s Senior Vice President, Finance and Accounting.

Appointed

Taoufiq Boussaid

Chief Financial Officer

LCID · Lucid Group, Inc.

Filed: January 28, 2025, 6:59 PM ET

Taoufiq Boussaid will join the Company on January 29, 2025, and will be appointed the Company’s Chief Financial Officer upon the filing of the Company’s Annual Report on Form 10-K for the fiscal year 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Gagan Dhingra changed role as Senior Vice President, Finance and Accounting at Lucid Group, Inc..

Action: promoted
Role: Senior Vice President, Finance and Accounting

Exact text from the filing

On the effective date of Mr. Boussaid’s appointment as Lucid’s Chief Financial Officer, Gagan Dhingra will cease serving as the Company’s Interim Chief Financial Officer, and will be promoted to Lucid’s Senior Vice President, Finance and Accounting.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Taoufiq Boussaid was appointed as Chief Financial Officer at Lucid Group, Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

Taoufiq Boussaid will join the Company on January 29, 2025, and will be appointed the Company’s Chief Financial Officer upon the filing of the Company’s Annual Report on Form 10-K for the fiscal year 2024.

View on SEC.gov

Lucid Group, Inc. filing history →

Source: SEC EDGAR

accession 0001628280-25-002774

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