Lucid Motors appoints former Waymo executive as CFO


FILE PHOTO: The Lucid Air speed test car is displayed at the 2017 New York International Auto Show in New York City, U.S. April 13, 2017. REUTERS/Andrew Kelly

(Reuters) - Luxury electric vehicle maker Lucid Motors said on Wednesday it has named Sherry House, a former executive from Alphabet Inc's self-driving unit Waymo, as its chief financial officer.

The announcement comes at a time Lucid is planning to go public by merging with a blank check company, a move that indicated a market capitalization of $56 billion.

House, who was the treasurer and head of investor relations in Waymo, will also help Lucid to transition to a publicly traded company and launch its first luxury sedan, Lucid Air, according to the company.

(Reporting by Tiyashi Datta in Bengaluru; Editing by Shounak Dasgupta)

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

   

Next In Tech News

UK to fine tech companies that fail to remove self-harm material
Twitter CEO Musk says user signups at all-time high, touts features of "everything app"
Zelle users have been scammed out of thousands. How to avoid being targeted on money apps
Private chef stuns TikTok with US$3,500 grocery bill for 36 items. ‘Grossly out of touch’
Opinion: How Sam Bankman-Fried exploited the ‘effective altruism’�fad to get rich and con the world
Robot pets help these US seniors make friends
NYPD officers, bystander save man who fell on subway tracks
India regulator asks One 97 Communications unit to reapply for payment aggregator licence
Mercedes-Benz criticized for hiding fast acceleration behind paywall
Catfishing cosmonauts, scamming soldiers: Never fall in love online?

Others Also Read