Source: Bloomberg
Summary
Lucid Group Inc. has appointed a new CEO, ending a year-long search. The new CEO will replace Peter Rawlinson, who suddenly resigned in 2022. The company’s board of directors conducted a thorough search to find a suitable replacement. The new CEO’s background and experience will likely be crucial in leading the company forward. According to Bloomberg, the appointment is expected to be announced shortly.
Our Reading
The announcement sounds ambitious.
Lucid Group Inc. finally has a new CEO after a year-long search. The company’s board of directors took their time to find the perfect fit. The new CEO will have big shoes to fill, replacing Peter Rawlinson. It’s just another example of a company taking its sweet time to replace a CEO, because that’s exactly what the electric car industry needs – more time.
Because what the world really needed was another CEO announcement from an electric car company.
Author: Evan Null
