Transportation
EV Maker Lucid to Seek New CEO After Rawlinson Steps Aside
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Lucid Group Inc. will begin a search for a new leader after Chief Executive Officer Peter Rawlinson stepped aside to serve as an advisor to the electric-vehicle maker.
Marc Winterhoff, chief operating officer of the EV maker, was named interim CEO, the company said in a statement as it reported fourth-quarter earnings. The board has hired an executive search firm to help find a successor to Rawlinson, who had led the company since 2019 and helped take the EV maker public in 2021.