Taoufiq Boussaid

Taoufiq Boussaid is the Chief Financial Officer at Lucid. In the role, Taoufiq focuses on aligning key strategic, operational, and financial processes with Lucid’s profit and growth objectives while driving initiatives to enhance shareholder value.

Taoufiq brings extensive public company finance leadership experience to the Lucid team and previously served as Group Chief Financial Officer of N.V. Bekaert S.A., a Belgium-listed industrial steel and coatings technology company, from July 2019 through October 2024. In this role, he successfully led finance transformation efforts, improved operational efficiency, and contributed to significant debt reduction and value creation for shareholders. In 2007, he joined Bombardier Transportation, where he progressively advanced through the finance organization across various geographies, ultimately serving as Vice President Finance for EMEA and Asia Pacific. Alongside his finance roles, Taoufiq also held operational responsibilities, overseeing the French and North African businesses of Bombardier Transportation.

Earlier in his career, he served in key finance positions at United Technologies Corporation, including as Chief Financial Officer for their Carrier Heating Systems business in Europe. Taoufiq began his career in international finance as an audit manager with Ernst & Young Global Limited in France and The Coca-Cola Company in the United States.

He holds a Master of Finance from the Institut Supérieur de Gestion (ISG) Business School in Paris and a Bachelor’s in Mathematics & Economics from French College in Rabat, Morocco.  Taoufiq has worked and lived in Europe, Asia and North America and is fluent in French, English, and Spanish.