
Management ChangeJul 2, 2026, 09:07 AM
Lucid Appoints New CFO, CTO, CCO; Q2 Production 4,774 Vehicles
AI Summary
Lucid Group announced significant organizational and leadership changes, including the appointment of Alexander De Bock as the new Chief Financial Officer, replacing Taoufiq Boussaid. The company also appointed Raja Ramana Macha as Chief Technology Officer, Billy Hayes as Chief Customer Officer, Hugo Martinho as Chief Transformation Officer, and Kay Stepper as President of Lucid Technologies and Chief Digital Officer. These changes aim to simplify the company's structure, sharpen accountability, and improve execution. Additionally, Lucid reported Q2 2026 production of 4,774 vehicles and deliveries of 3,953 vehicles.
Key Highlights
- Alexander De Bock appointed as incoming Chief Financial Officer, replacing Taoufiq Boussaid.
- Raja Ramana Macha appointed as Chief Technology Officer.
- Billy Hayes appointed as Chief Customer Officer.
- Hugo Martinho appointed as Chief Transformation Officer.
- Kay Stepper named President of Lucid Technologies and Chief Digital Officer.
- Q2 2026 production totaled 4,774 vehicles.
- Q2 2026 deliveries totaled 3,953 vehicles.
- New CFO Alexander De Bock's annual base salary set at $750,000 with $7.5 million in initial equity grants.
Price Impact
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