Monday, December 23, 2024

Lucid Announces New Board Members, Sherif Marakby, Chabi Nouri, and Ori Winitzer

Lucid Group, Inc, setting new standards for luxury electric experience with the Lucid Air, winner of the 2023 World Luxury Car Award, announced the election of Sherif Marakby, Chabi Nouri, and Ori Winitzer to its board of directors effective immediately. The new directors were elected at Lucid’s annual shareholder meeting held earlier, replacing Nancy Gioia, Frank Lindenberg, and Tony Posawatz.

Lucid’s board is now composed of nine members including, Turqi Alnowaiser, Glenn R. AugustAndrew LiverisNichelle Maynard-ElliottPeter Rawlinson and Janet S. Wong, all of whom were re-elected today. Eight of the directors qualify as independent under NASDAQ rules.

“We’re excited to have Sherif, Chabi, and Ori join Lucid’s board of directors during such a pivotal time in our company’s journey to build a sustainable future for generations to come,” said Peter Rawlinson, Lucid’s CEO and CTO. “Combined, they bring significant global experience in the areas of marketing, finance and operations, across both automotive and luxury consumer goods. Today’s changes to our board of directors reflect the evolution of the company’s key objectives over time, and we look forward to the contributions by our new directors to Lucid’s global expansion and continued success.”

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“I’m delighted to be joining Lucid’s board of directors,” said Sherif Marakby. “Lucid’s mission to inspire the adoption of sustainable energy by creating advanced technologies and the most captivating luxury electric vehicles on the market is one I greatly admire, and I can’t wait to contribute my skills towards the company’s future success.”

“I’m thrilled to be joining such a talented team of entrepreneurs striving to make a difference in the world of sustainable mobility,” said Chabi Nouri. “I’m looking forward to joining Lucid’s board of directors and contributing value to the company as it continues to create exciting new luxury electric vehicles and expand globally.”

“With exceptional performance, an elegant design, and game-changing range, Lucid Air is a truly innovative luxury sedan,” said Ori Winitzer. “I’m looking forward to bringing my finance, investment and operational skills to the table, joining an exceptional board, and contributing to Lucid’s future growth.”

SOURCE: PR Newswire

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