LAZR — Leadership Transition Announcement

May 21, 2025, 12:00:00 AM UTC

management change

Summary

Luminar Technologies, Inc. has appointed Paul Ricci as the new CEO, effective on or about May 21, 2025, following the resignation of founder Austin Russell. Ricci, who previously served as Chairman and CEO of Nuance, will lead the company as it continues to innovate in the automotive technology sector. Russell will remain on the Board to assist with the transition. This leadership change is expected to guide Luminar into its next growth phase, leveraging Ricci's extensive experience in technology and operational excellence.

Location: Orlando
Participants
Paul RicciAustin RussellMatt Simoncini

Company

LUMINAR TECHNOLOGIES INC (LAZR)

NASDAQConsumer Cyclical: Manufacturing, Auto Parts: Motor Vehicle Parts & Accessories

www.luminartech.com

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