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Lucid Motors is undergoing a significant change at the top as CEO and CTO Peter Rawlinson has announced his departure from the company. According to reports, Rawlinson will be stepping down after nearly six years in the role.
Rawlinson’s resignation comes unexpectedly, as he had been instrumental in leading the company through its initial public offering (IPO) and subsequent growth. It is unclear what motivated his decision to step down at this time, but sources suggest that the board of directors has appointed Chief Operating Officer Marc Winterhoff as interim CEO.
In a surprising move, Rawlinson will not be leaving the company entirely. Instead, he will take on a new role as “strategic technical advisor” to Chairman Turqi Alnowaiser, who also serves as a top executive at Saudi Arabia’s sovereign wealth fund – Lucid Motors’ majority owner.
Source: https://techcrunch.com/2025/02/25/lucid-motors-ceo-peter-rawlinson-steps-down/
