---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-002774"
form_type: "8-K"
ticker: "LCID"
cik: "0001811210"
company_name: "Lucid Group, Inc."
filed_at: "2025-01-28T23:59:59+00:00"
generated_at: "2026-05-27T08:25:51.437037+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001628280-25-002774
- form_type: 8-K
- ticker: LCID
- cik: 0001811210
- company_name: Lucid Group, Inc.
- filed_at: 2025-01-28T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1811210/000162828025002774/0001628280-25-002774-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1811210/000162828025002774/lcid-20250128.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-002774
- JSON: https://secwatch.observer/filing/0001628280-25-002774.json
- Plain text: https://secwatch.observer/filing/0001628280-25-002774.txt

## Source-grounded claims
- claim_id: 8b4c0ed0cf
  claim: Gagan Dhingra changed role as Senior Vice President, Finance and Accounting at Lucid Group, Inc..
  evidence_excerpt: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1811210/000162828025002774/0001628280-25-002774-index.htm
- claim_id: cae09371be
  claim: Taoufiq Boussaid was appointed as Chief Financial Officer at Lucid Group, Inc..
  evidence_excerpt: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1811210/000162828025002774/0001628280-25-002774-index.htm

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