Sherry House served as the CFO of Lucid Group, Inc. from May 2021 until her resignation in December 2023. She has a background in finance and played an essential role in the company, especially during its recent public offering. In...
Sherry House served as the CFO of Lucid Group, Inc. from May 2021 until her resignation in December 2023. She has a background in finance and played an essential role in the company, especially during its recent public offering. In 2021, she faced one of her best compensation years, totaling $16.18 million, which included a mix of salary, stocks, and bonuses. Yet, in 2022, her compensation dropped dramatically to about $596,000, primarily due to unmet performance metrics. Sherry's trading patterns show she was heavily invested in Lucid stocks, having transactions that peaked at $30.8 million in late 2021. While her performance-based stock options fluctuated, at one point in 2022, she had a considerable stock valuation of $25 million. In September 2023, she received a special bonus of $600,000, acknowledging her efforts in the company's financing. Sherry left the company, indicating it was time to pursue new opportunities rather than any internal issues at Lucid. Her story reflects both the unpredictability of the stock market and the intense pressure executive roles entail.