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Lucid Announces New Chief Financial Officer

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NEWARK, Calif., Jan. 28, 2025 /PRNewswire/ — Lucid Group, Inc. (NASDAQ: LCID), maker of the world’s most advanced electric vehicles, today announced the appointment of Taoufiq Boussaid as Chief Financial Officer, planned to become effective February 25, 2025. Interim CFO Gagan Dhingra will be promoted to Senior Vice President, Finance and Accounting and also continue as Chief Accounting Officer, reporting to Boussaid once he assumes the CFO role.

“Taoufiq is joining Lucid at a pivotal time as we ramp up production of the Lucid Gravity SUV and accelerate our progress toward achieving our strategic goals,” said Peter Rawlinson, CEO and CTO of Lucid. “With decades of experience in strategic finance and operational transformation, Taoufiq will bring valuable expertise to our leadership team. His proven ability to align financial strategy with business objectives will be critical in scaling our operations efficiently and effectively as we prepare for the launch of our midsize vehicles. I would also like to extend my gratitude to Gagan for his leadership as interim CFO and his continued contributions to Lucid’s success.” 

Boussaid brings extensive public company finance leadership experience to the Lucid team, where he will focus on aligning key strategic, operational, and financial processes with Lucid’s profit and growth objectives while driving initiatives to enhance shareholder value. Boussaid, 53, 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, where 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, he 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. Boussaid 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.

About Lucid Group

Lucid (NASDAQ: LCID) is a Silicon Valley-based technology company focused on creating the most advanced EVs in the world. The award-winning Lucid Air and new Lucid Gravity deliver best-in-class performance, sophisticated design, expansive interior space and unrivaled energy efficiency. Lucid assembles both vehicles in its state-of-the-art, vertically integrated factory in Arizona. Through its industry-leading technology and innovations, Lucid is advancing the state-of-the-art of EV technology for the benefit of all.

Investor Relations Contact

investor@lucidmotors.com

Media Contact

media@lucidmotors.com

Forward-Looking Statements

This communication includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “shall,” “expect,” “anticipate,” “believe,” “seek,” “target,” “continue,” “could,” “may,” “might,” “possible,” “potential,” “predict” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding the expected timing of Boussaid’s appointment and Lucid’s expectations related to continued ramp-up in production of the Lucid Gravity and acceleration of progress toward executing Lucid’s business plan. Actual events and circumstances may differ from these forward-looking statements. These forward-looking statements are subject to a number of risks and uncertainties, including those factors discussed under the heading “Risk Factors” in Part II, Item 1A of Lucid’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2024, as well as other documents Lucid has filed or will file with the Securities and Exchange Commission. If any of these risks materialize or Lucid’s assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that Lucid currently does not know or that Lucid currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Lucid’s expectations, plans or forecasts of future events and views as of the date of this communication. Lucid anticipates that subsequent events and developments will cause Lucid’s assessments to change. However, while Lucid may elect to update these forward-looking statements at some point in the future, Lucid specifically disclaims any obligation to do so. Accordingly, undue reliance should not be placed upon the forward-looking statements.

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SOURCE Lucid Group

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SpeedBuilder Systems Celebrates 25 Years of Building Technology and Lasting Relationships in the P&C Insurance Industry

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From its beginnings with a rating solution to an integrated insurance platform, SpeedBuilder Systems marks a quarter-century of helping insurers adapt, innovate, and grow.

COLUMBIA, S.C., Oct. 20, 2026 /PRNewswire/ — SpeedBuilder Systems, Inc. (SBS), an award-winning provider of software-as-a-service (SaaS) solutions for the property and casualty (P&C) insurance industry, is celebrating its 25th anniversary, marking a quarter-century of delivering flexible insurance technology and building long-term relationships with its clients.

Founded on October 10, 2001, by Rod Giess, president of SpeedBuilder Systems, the company began with a vision and a rating solution designed to help insurers bring products to market more efficiently.

“When I started SpeedBuilder Systems, my goal wasn’t to be the biggest. It was simply to be the best at delivering quality technology that would help our clients get to market as quickly as possible,” said Giess. “I believed then, as I do today, that innovative insurance companies deserve access to sophisticated technology, regardless of their size.”

As the business developed, Giess recognized the need for a policy administration system to complement the company’s rating solution. What began as two complementary capabilities has grown into the BindExpress Suite, an integrated insurance platform supporting policy administration, rating, underwriting, billing, claims, and other core insurance operations. Designed for small to medium-sized property and casualty insurers and managing general agents (MGAs), the platform provides the flexibility to accommodate unique business requirements while supporting growth and changing market demands.

Throughout its history, SBS has maintained a consistent philosophy: technology should support an insurer’s business objectives rather than dictate how the organization operates. That approach is reflected in the company’s commitment to configurable software, long-term technology planning, and close collaboration with its clients.

“I’m very proud of how far this company has come, but what means the most to me are the relationships we’ve built along the way,” Giess continued. “Our clients have trusted us with an important part of their businesses, and we’ve never taken that responsibility lightly. I’m grateful to our clients for their continued partnership and to our team, past and present, whose dedication and hard work have brought us to this milestone.”

As SpeedBuilder Systems looks ahead, the company remains committed to helping insurers adapt to an evolving industry while maintaining greater control over their technology and business operations. The company will continue investing in its technology, strengthening client relationships, and supporting insurers as they pursue new opportunities.

About SpeedBuilder Systems

Founded in 2001, SpeedBuilder Systems, Inc. provides enterprise-class insurance software solutions for small and medium-sized property and casualty insurers and MGAs. Its BindExpress Suite® is an integrated set of components including policy administration, rating, automated underwriting, agent and consumer portals, product configuration, billing, claims, automated workflow, and document generation. The company’s AlwaysCurrent Architecture™ enables customers to tailor the system to their unique requirements while adopting future product enhancements without costly retrofitting of customized code.

For more information, visit www.speedbuildersystems.com.

Media Contact
Amy Gillespie
SpeedBuilder Systems, Inc.
agillespie@speedbuildersystems.com

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SOURCE SpeedBuilder Systems, Inc.

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Ally Financial reports third quarter 2026 financial results

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CHARLOTTE, N.C., Oct. 20, 2026 /PRNewswire/ — Ally Financial (NYSE: ALLY) today reported its third quarter 2026 results. View full press release in PDF.

The news release, presentation and financial supplement can be accessed in the following ways:

Ally Financial Press Room at https://media.ally.comAlly Financial Investor Relations website at https://ally.com/about/investor/

Ally will host a conference call at 9 a.m. ET to review the company’s performance. The call will include a review of the results, followed by a question and answer session.

Conference Call Information: Conference call participation is available via webcast or dial-in. The webcast will be live on Ally’s Investor Relations website in the Events & Presentations section (https://www.ally.com/about/investor/events-presentations/index.html).

To join the conference via dial-in, please pre-register via the following link at least 15 minutes before the call begins: https://register-conf.media-server.com/register/BI8d7b2a06520a45f6ac94fe9a466d5343. Upon registration, you will be provided with the conference dial-in number as well as a unique registrant ID.

A replay of the call will be available via webcast on the Ally Investor Relations website.

About Ally Financial
Ally Financial Inc. (NYSE: ALLY) includes the nation’s largest all-digital bank and auto finance business, driven by a mission to “Do It Right” for its customers and communities. Ally is a U.S. financial holding company with $203 billion in assets and 9.7 million customers (as of September 30, 2026). Ally Bank, Member FDIC, offers online banking products, including high-yield savings and no hidden fee checking, and was the first major U.S. bank to eliminate overdraft fees. Ally also provides investing solutions through Ally Invest, including online brokerage, automated investing, IRAs and personal advice. As a leader in auto finance, Ally provides consumer and dealer financing, insurance, and vehicle remarketing services. Ally’s seasoned corporate finance business provides capital to equity sponsors and middle-market companies. Visit ally.com.

Contacts:

Dan Ignacio
Ally Investor Relations
704-444-5107
dan.ignacio@ally.com

Peter Gilchrist
Ally Communications (Media)
704-644-6299
peter.gilchrist@ally.com

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SOURCE Ally Financial

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ITURAN LOCATION AND CONTROL LTD. SCHEDULES THIRD QUARTER 2026 RESULTS RELEASE AND CONFERENCE CALL FOR NOVEMBER 24, 2026

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Conference Call Scheduled at 9am Eastern Time

AZOUR, Israel, Oct. 20, 2026 /PRNewswire/ — Ituran Location and Control Ltd. (NASDAQ: ITRN), announced that it will be releasing its third quarter 2026 results on Tuesday, November 24, 2026.

The Company will be hosting a video conference call later that day via Zoom, starting at 9am Eastern Time, 6am Pacific Time and 4pm Israel time. On the call, management will review and present the results and will be available to answer investor questions.

To participate in the Zoom call, please register at the following link:
https://us06web.zoom.us/webinar/register/WN_9R8KjpHlR4GccJZZdrYPEQ  

Following registration, you will be sent the link to the conference call which is accessible either via the Zoom app, or alternatively from a dial-in telephone number. If you have an issue with registration, please contact the Ituran investor relations team, well in advance of the call.

For those unable to participate, the call will be available for replay through the same link, or from a link to the recording on Ituran’s website, beginning within a few hours following the end of the call.

About Ituran

Ituran is a leader in the mobility technology field, providing value-added location-based services, including a full suite of services for the connected car. Ituran offers Stolen Vehicle Recovery, fleet management, as well as mobile asset location, management and control services for vehicles, cargo and personal security for the retail and insurance industries and car manufacturers. Ituran is the largest OEM telematics provider in Latin America. Its products and applications are used by customers in over 20 countries. Ituran is also the founder of the Tel Aviv-based DRIVE startup incubator to promote the development of smart mobility technology.

Ituran’s subscriber base has been growing significantly since the Company’s inception to over 2.7 million subscribers using its location-based services with a market-leading position in Israel and Latin America. Established in 1995, Ituran has approximately 2,800 employees worldwide, with offices in Israel, Brazil, Argentina, Mexico, Ecuador, Colombia, India, Canada and the United States.

For more information, please visit Ituran’s website, at: www.ituran.com

 

 

Company Contact

Udi Mizrahi

Deputy CEO and VP Finance, Ituran

udi_m@ituran.com

(Israel) +972 3 557 1348

International Investor Relations

Ehud Helft

EK Global Investor Relations

ituran@ekgir.com

(US) +1 212 378 8040  

 

 

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SOURCE Ituran Location and Control Ltd.

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