Lucid Group Elects Douglas Grimm to Board, Enhancing Automotive Expertise

Lucid Group Strengthens Board with New Appointment



Lucid Group, Inc. (NASDAQ: LCID), known for its cutting-edge electric vehicles, has made a significant addition to its leadership team. On June 5, 2025, during the company’s Annual Meeting of Stockholders, Douglas Grimm was elected to the Board of Directors, bringing a wealth of automotive experience that aligns with Lucid’s mission of innovation and excellence in the electric vehicle market.

Douglas Grimm's election marks an important milestone for Lucid as the company positions itself at the forefront of the automotive industry. With a storied career that spans executive roles at Chrysler Corporation and leading automotive supply companies, Grimm is well-equipped to provide strategic insights that could steer Lucid towards further success. His knowledge of both manufacturing and the evolving landscape of electric vehicles is expected to be an invaluable asset for the Board.

As an experienced automotive executive, Grimm previously served as President and Chief Operating Officer at Metaldyne Performance Group from 2015 to 2017. Under his leadership, Metaldyne grew to become a $3 billion automotive metals supplier with a global presence of 60 manufacturing facilities across 13 countries, employing around 12,000 individuals. His journey in the automotive industry includes founding Grede Holdings LLC, which eventually merged into Metaldyne Performance Group. Additionally, Grimm has taken on leadership roles at Visteon, where he was pivotal in managing materials for Ford, and at Dana Corporation, where he handled global strategic sourcing, showcasing his extensive knowledge in supply chain management within the automotive sector.

The Chairman of Lucid’s Board, Turqi Alnowaiser, expressed optimism about Grimm's appointment, stating, “We are delighted to welcome Douglas Grimm to the Lucid board. We are confident that his insights will be valuable, given his proven leadership within the automotive and manufacturing sectors.”

Grimm is not only focused on advancing his contributions to Lucid Group but is also currently the CEO of V-to-X, LLC, a consultancy aiming to innovate in the mobility sector. His entrepreneurial and corporate experiences will certainly enrich discussions at the board level and help guide Lucid in making impactful decisions that resonate with current market needs. Moreover, his role as Chairman of Blue Bird Corporation and Electrical Components International brings additional perspective to the table.

Lucid Group’s board comprises eight members who will continue to play critical roles in the company’s strategy moving forward. The other members re-elected during the meeting include notable figures such as Lisa M. Lambert, Andrew Liveris, Nichelle Maynard-Elliott, Chabi Nouri, Ori Winitzer, and Janet S. Wong. Together, they will work towards enhancing Lucid’s commitment to delivering advanced electric vehicles that not only meet rigorous performance metrics but also feature sophisticated design and top-notch energy efficiency.

As Lucid continues to innovate, the company remains dedicated to crafting the most advanced electric vehicles in the market. The acclaimed Lucid Air and the highly anticipated Lucid Gravity exemplify Lucid's commitment to redefining the electric vehicle landscape through cutting-edge technology and relentless pursuit of quality. All vehicles are assembled in Lucid’s state-of-the-art factory located in Arizona, ensuring high standards from production to final delivery.

In conclusion, Douglas Grimm’s election to Lucid Group’s Board of Directors is a strategic move aimed at boosting the company’s growth and innovation in the electric vehicle sector. As Lucid continues to carve its niche in a competitive marketplace, Grimm's background and expertise are expected to play a crucial role in shaping the company’s future.

With his arrival, stakeholders can expect enhanced strategies and insights that will address both present challenges and future opportunities in the rapidly evolving automotive landscape. As Lucid Group embarks on this new chapter, it illustrates a firm commitment to advancing electric mobility for the benefit of all.

Topics Consumer Products & Retail)

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