Company veterans Reade Frank and Guy Sperry to lead as Co-CEOs; Drew Harman named Chairman of the Board.
SAN FRANCISCO — August 3, 2026 — Lucidworks, a leader in search and enterprise AI, today announced the appointment of Reade Frank and Guy Sperry as Co-Chief Executive Officers, effective August 3, 2026. The move establishes a leadership structure purpose-built for the company’s next chapter, pairing deep commercial and operational expertise with proven product and technology vision.
Frank, who most recently served as Lucidworks’ President and Chief Financial Officer, will lead the company’s commercial and operational strategy. Sperry, formerly Chief Technology Officer, will lead product and technology innovation. Together, they bring years of shared history, driving Lucidworks’ evolution and a unified vision for its future.
“This is the moment search was built for,” said Sperry. “Agents are only as capable as the knowledge they can reach, and every enterprise is discovering that its AI strategy is really a retrieval strategy. Lucidworks has spent more than a decade mastering exactly that problem. I have never been more certain of where this company is going, or more eager to get there.”
“We have the products, people, and financial strength to lean heavily into the tremendous opportunities before us,” said Frank. “We will continue to build on our deep customer relationships and deliver what they require in today’s market—innovation that drives value, strong service and support, and trusted partnership.”
Lucidworks also announced that Drew Harman, a current board member and recognized strategy and go-to-market expert, has been named Chairman of the Board. He succeeds Adam Famularo, who served as Chairman for the past five years and played an instrumental role in the company’s growth.
Sinoway steps down after nearly four years as CEO, a period in which the company completed its transformation into a SaaS business and expanded its global footprint.
“Reade and Guy are the right leaders at the right time,” said Drew Harman. “This is a deliberate, strategic structure that plays to the strengths of two exceptional executives. On behalf of the board, I want to thank Mike for his leadership and the foundation he built. The board is confident in this team and energized about what comes next.”
Lucidworks’ pioneering work in search technology has made it a trusted partner to leading global brands, and the company’s enterprise AI capabilities continue to define how organizations connect people with the information and experiences that matter most.
About Lucidworks
Lucidworks transforms complex data into actionable insights through AI-powered search and product discovery solutions. Clients achieve 391% ROI and are 2.5x more likely to successfully deploy AI initiatives. Global leaders like Lenovo, Morgan Stanley, and American Express rely on Lucidworks to power digital experiences that drive business results. Learn more at Lucidworks.com.
Media Contact
Pascal van den Berk, pascal.vandenberk@lucidworks.com