Silvio Napoli formally assumes CEO role at Lucid Group
Lucid Group (NASDAQ:LCID) announced that Silvio Napoli has officially assumed the role of Chief Executive Officer (CEO), effective immediately.
The transition completes an executive appointment process that was initially made public on April 14, 2026.
With Napoli stepping into the permanent chief executive role, Marc Winterhoff—who served as the luxury electric vehicle manufacturer's Interim CEO during the transition period—has resumed his previous position as Chief Operating Officer (COO) and will report directly to Napoli.
The leadership handoff arrives at a vital operational inflection point for the California-headquartered EV maker.
“On behalf of the Board, we are pleased to have Silvio as CEO at this important stage for Lucid,” said Turqi Alnowaiser, Chairman of the Lucid Board of Directors.
“The Board remains fully committed and focused to Lucid’s long-term future, and we have strong confidence in Silvio’s leadership.”
Napoli outlines an immediate corporate mandate oriented around manufacturing discipline, organizational restructuring, and strict financial oversight.
“After spending time with our teams and gaining deeper firsthand experience with our products and technology, I’m increasingly confident in our ability to deliver consistent execution and long-term value,” Napoli stated.
“Our focus will be on strengthening customer engagement, operating with consistency and accountability, achieving cost competitiveness and streamlining our organization and processes to fully leverage the strength of our team.”
Napoli joins the premium automotive firm with an extensive track record in heavy industrial manufacturing and multinational operations.
He most recently served as the Chairman and Chief Executive Officer of Switzerland-based Schindler Group, a global manufacturer of elevators and escalators.
Executive leadership notes that his decades of background spanning large-scale global logistics, hardware engineering, financial risk management, and technology-driven operations will be heavily leveraged as Lucid works to optimize its proprietary software-defined vehicle architectures.