Lucid Group, Inc.

LCID

US5494982029

Auto & Truck Manufacturers

Market Closed - Nasdaq Other stock markets 04:00:00 2026-05-15 pm EDT			5-day change	1st Jan Change
6.040 ^USD	-3.67%		-4.73%	-42.86%

May. 14	Analyst recommendations: Doximity, Reddit, Cisco, Whirlpool, Caterpillar…
May. 06	Lucid Shares to Remain Under Pressure Until New CEO Reviews Outlook, Morgan Stanley Says	MT

Lucid Group, Inc. Announces Chief Executive Officer Changes

Published on 04/14/2026 at 10:05 am EDT - Modified on 04/14/2026 at 12:51 pm EDT

S&P Capital IQ

LUCID GROUP, INC.

-3.67%

EATON CORPORATION PLC

-2.12%

On April 14, 2026, Lucid Group, Inc. (Company) announced that Silvio Napoli will be the company?s next Chief Executive Officer (CEO). Mr. Napoli will commence employment with the company as the Executive Director based in Switzerland pursuant to a Swiss employment agreement (the ?Napoli Swiss Employment Agreement?). He is expected to be appointed as the company?s CEO in the coming weeks pursuant to a U.S. offer letter (the ?Napoli U.S. Offer Letter?, and together with the Napoli Swiss Employment Agreement, the ?Napoli Offer Letters?), once he receives the right to work in the U.S., following which time his principal placement of employment will be in Newark, California.

Marc Winterhoff will continue to be the Company?s Interim CEO until Mr. Napoli is appointed as CEO, at which time Mr. Winterhoff will resume his previous role of Chief Operating Officer of the Company. Mr. Napoli, age 60, served as the Chairman of the Board of Directors and Chief Executive Officer from January 2022 to March 2025 of Schindler Group, one of the world?s leading industrial technology companies, where he was the group?s Executive Chairman from April 2017 to December 2021 and Chief Executive Officer from January 2014 to March 2016. Mr. Napoli joined the Schindler Group in 1994 and has served in a number of leadership roles, including Director of Corporate Development, President and Chief Executive Officer of Schindler India and President of Asia-Pacific.

Prior to Schindler Group, he spent four years with The Dow Chemical Company in Germany. Mr. Napoli has served as a member on the Board of Directors of Eaton Corporation plc since 2019, where he serves as the Chair of the Innovation & Technology Committee. From 2019 to 2022, Mr. Napoli was the Chairman and President of the Board of Directors of the Swiss-American Chamber of Commerce, Zurich (Switzerland), advocating for Swiss, American and Multinational business interests.

Mr. Napoli holds an MBA from Harvard Business School, which he earned as a Fulbright Scholar, and a Master of Engineering degree in materials science from the Swiss Federal Institute of Technology, Lausanne, Switzerland.

Stocks mentioned in the article

	Add to a list 0 selected To use this feature you must be a member Log in Sign up	Approximate price	Change	5d. change	Capi.
	LUCID GROUP, INC.	6.040USD	-3.67%	-4.73%	2.36B
	EATON CORPORATION PLC	399.44USD	-2.12%	-0.52%	155B

Latest news about Lucid Group, Inc.

May. 14	Analyst recommendations: Doximity, Reddit, Cisco, Whirlpool, Caterpillar…
May. 06	Lucid Shares to Remain Under Pressure Until New CEO Reviews Outlook, Morgan Stanley Says	MT
May. 06	Morgan Stanley Cuts Price Target on Lucid Group to $5 From $10, Keeps Underweight Rating	MT
May. 06	Investors Can't Get Enough of Chips
May. 05	Lucid Group, Inc., Q1 2026 Earnings Call, May 05, 2026
May. 05	Lucid CFO says suspending prior guidance	RE
May. 05	Lucid Q1 Adjusted Loss Widens, Revenue Rises	MT
May. 05	Earnings Flash (LCID) Lucid Group, Inc. Reports Q1 Revenue $282.5M, vs. FactSet Est of $358.5M	MT
May. 05	Earnings Flash (LCID) Lucid Group, Inc. Posts Q1 Adjusted Loss $2.82 per Share, vs. FactSet Est of $-2.53	MT
May. 05	Lucid Group, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2026	CI
May. 05	EV maker Lucid suspends forecast, misses quarterly revenue estimates	RE
Apr. 30	Hertz Global Shares Rise After Oro Mobility, Uber Technologies Sign Two Fleet Maintenance Partnerships	MT
Apr. 24	Stocks Mostly Up Pre-Bell as Israel, Lebanon Agree to Extend Ceasefire	MT
Apr. 21	DIRTT Environmental Solutions Says Major Canadian Govt Project Highlight of Its March Activity	MT
Apr. 21	Wall Street Eyes Warsh

Chart Lucid Group, Inc.

Duration

Period

LCID: Dynamic Chart

Company Profile

Lucid Group, Inc. is a technology company, which designs, engineers, and manufactures electric vehicles (EVs), EV powertrains, and battery systems in-house using its own equipment and factories. It sells vehicles directly to consumers through its retail sales network and through direct online sales. Its vehicles include Lucid Air and Lucid Gravity. Lucid Air is an advanced car, featuring powertrain technology. It offers 420 miles of the United States Environmental Protection Agency (EPA)-estimated range, with an 84-kWh battery pack. The Lucid Air Sapphire is the highest-performance version of the Lucid Air, boasting 1,234 horsepower from three motors, 427 miles of an EPA-estimated range (when equipped with standard wheel covers). The Lucid Gravity provides the interior space and practicality of a full-size SUV within the exterior footprint of a mid-size SUV. It provides space for up to seven adults. It has engineered the Lucid Gravity to deliver up to 450 miles of EPA-estimated range.

Employees

9,000

Sector

Auto & Truck Manufacturers

More about the company