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Lucid Motors’ CFO is out as its new CEO continues leadership shakeup

CN
CitrixNews Staff
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Lucid Motors’ CFO is out as its new CEO continues leadership shakeup

The new CEO of Lucid Motors is continuing to restructure the company after announcing hundreds of job cuts last month: The EV maker on Thursday said its chief financial officer, Taoufiq Boussaid, will be leaving the company.

Boussaid’s pending departure comes amid a flurry of new executive hires meant to bolster the company’s leadership as Lucid’s new CEO Silvio Napoli tries to “simplify the company.”

Originally reported by TechCrunch. Read the full story at the original source.