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.“We are delighted to have Sherry join us. Her rare combination of financial and technical experience bolsters our core leadership team in a pivotal year for Lucid as we prepare to transition to a publicly traded company and launch the Lucid Air,” said Peter Rawlinson, CEO, and CTO, Lucid Motors, in a statement.Lucid also announced three more appointments to its executive team, in addition to the current CFO. Margaret Burgraff as Software Validation Vice President, Sanjay Chandra as the Information technology Vice President, and Jeff Curry as the Marketing and Communications Vice President.These leaders have decades of experience with multinational businesses like Apple, Intel, Jaguar, and Ferrari in the automotive and technologic industries.The management team at Lucid will advance the mission of the group to redefine its electric vehicle business comfort, value & reliability with its latest additions, the company said.With inputs from Reuters
