Lucid Motors is changing CEOs for the first time in nearly six years. The company announced Tuesday that Peter Rawlinson is stepping down from the CEO and

Lucid announced recently that former CEO Peter Rawlinson would step down and that the company's chief operating officer, Marc Winterhoff, would take over as interim CEO. Rawlinson is still involved to some degree and will serve as a "strategic technical advisor to the chairman of the board," according to Lucid.

Peter Rawlinson might have resigned as CEO, but remains an advisor to the Chairman of the Board and, apart from his salary, will receive a $2 million stock grant

To be one hundred percent right and honest, he should have said that all of them do, including the ones Lucid manufactures.

Former Lucid Motors CEO Peter Rawlinson will receive $120,000 per month as an adviser to the automaker, a $2 million stock grant and a company car as part of a two-year “transition agreement,” the company said in a regulatory filing.

Peter Rawlinson stepped down from Lucid, the company producing luxury electric vehicles in Casa Grande. The company saw huge losses.

CEO Peter Rawlinson steps down Lucid expects to produce 20,000 vehicles this year Posts narrower quarterly loss Feb 25 (Reuters) - Electric-vehicle maker Lucid Group (LCID.O), opens new tab said on Tuesday that Peter Rawlinson, its CEO for over 5 years ...

We can only speculate about what led Lucid's former CEO to step aside from the company he helped create. Was it his or the company's decision?

Lucid Motors founder and CEO Peter Rawlinson will step down, as the luxury EV company sets its sights on doubling production over the next year.

Rawlinson will stay on as a consultant, with current COO Marc Winterhoff taking over as interim CEO. The news offset better-than-expected financial results, and Lucid's prediction that it would double production in 2025.

Electric vehicle maker Lucid Group on Tuesday said CEO Peter Rawlinson is stepping down as the company expects to more than double vehicle production in 2025 to 20,000 units.

Lucid's CEO Peter Rawlinson has relinquished his role, leading the company in search of a new permanent leader.