Description Rivian Automotive Inc. Cl A Rivian Automotive, Inc. engages in the design, development, and manufacture of category-defining electric vehicles and accessories. The following description of the capital stock of Rivian Automotive, Inc. (the "Company," "we," "us," and "our") and certain provisions of our amended and restated certificate of incorporation, as amended from time to time (the "amended and restated certificate of incorporation") and amended and restated bylaws, as amended from time to time (the "amended and restated . If you typed the URL into your browser, check that you entered it correctly. The announcement is effective May 1 st, 2020. The chief executive of Saudi Arabian state oil company Aramco will not attend an energy conference organized by S&P Global next week, the event's updated schedule showed. Alexandra Ford English. -, Rivian stands by 2023 production target despite media report, Rivian Automotive Reportedly Plans to Produce 62,000 EVs This Year, Rivian Automotive Says 62,000 Electric Vehicles' Production Possible in 2023, THE BANK OF N.T. Save my name, email, and website in this browser for the next time I comment. Member of the Board of Directors Patagonia Mar 2013 - . ", When Ford said in March that English would join Ford's board, its press release identified her as the No. Rivian has piqued the interest of financial investors speculating it could be the next Tesla, which was an EV startup as well and is now the most valuable automaker in the worldits market value hit $1 trillion in October 2021 for the first time. Let us know, wed love to hear your voice. We'll keep you updated, but that's a very fundamental bet.". See here for a complete list of exchanges and delays. The following information was filed by Rivian Automotive, Inc. (RIVN) on Tuesday, February 28, 2023 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It was founded in 2009 by engineer RJ Scaringe, initially as Mainstream Motors, then briefly as Avera Automotive, based in Scaringe's home state of. [1/2]R.J. Scaringe, Rivian's CEO, introduces his company's R1T all-electric pickup truck at Los Angeles Auto Show in Los Angeles, California, U.S. November 27, 2018. Our strategic partnership with Rivian plays an important role in the future of fully networked battery electric vehicles, said Jim Hackett, Ford president and CEO. The maker of electric vehicles has launched the 2022 Rivian R1T electric pickup truck and will soon add production of the 2022 Rivian R1S electric three-row SUV. Rivian declined to comment on Wednesday beyond documents it filed with U.S. regulators, citing the quiet period ahead of its IPO. None of the information on this page has been provided or approved by Rivian. Rivian Automotive, Inc. Company Profile | Irvine, CA | Competitors English is director of Corporate Strategy for Ford Motor Company, responsible for the company's enterprise strategy and connectivity and digital network strategy. English holds a bachelors degree from Stanford University and a masters degree from Harvard Business School. Governance - Investor Relations - Rivian You must contactmedia@ford.comto obtain approval for advertising, marketing or other commercial users. A Ford subsidiary did the prototype bodies-in-white for the Rivian and Amazon pre-production vehicles while Rivian was still tooling up its own body shop in Normal. Heres the original story.). Have some ideas for making The Detroit Bureau.com even better? Ford Family Member Named to Board of EV Startup Rivian. RIVIAN AUTOMOTIVE, INC. : Shareholders Board Members Managers and Company Profile | US76954A1034 | MarketScreener Log in Sign up Markets News Analysis Our Shows Stock Picks Portfolios Watchlists Rankings Screeners Tools Our Services Rivian Is Pumping the Brakes on Spending and Production Growth. That's In addition to these investments, Ford plans to develop a new vehicle using Rivians flexible skateboard platform. The company offers five-passenger pickup trucks and seven-passenger sports utility vehicles. Rivian and Ford Motor Company have announced that Alexandra Ford English will join Rivian's board of directors. home > news > Automakers > Ford Family Member Named to Board of EV Startup Rivian. Alexandra Ford English Joins Rivian Board of Directors It has not yet generated revenue, as it continues to use its capital to bring its first vehicles to market in the former Mitsubishi plant it bought, expanded, and retooled in Normal, Illinois, in 2017. We continue to see enormous growth and progress in every . "Rivian is a strategic investment and we're still exploring ways for potential collaboration with them. Alexandra Ford English, daughter of Bill Ford, to join Rivian board Based on Rivian SEC documents released to the public on October 1, Ford executive Alexandra Ford English left the EV startup's board of directors in May 2021, a year after being appointed. The startup also has a contract to make 100,000 electric delivery vans for Amazon Prime and will expand to fill fleet orders for others. Before joining Ford, she was responsible for managing profit-and-loss operations for customer-centric businesses in the merchandising divisions of Tory Burch in New York and Gap Inc. in San Francisco, the automaker noted. Find company research, competitor information, contact details & financial data for Rivian Automotive, Inc. of Irvine, CA. Vans were running around on city streets as part of a pilot program to work out bugs ahead of filling the order with production vans that will go into service delivering packages. Ford, which holds a stake greater than 5% in Rivian according to a filing with the U.S. Securities and Exchange Commission, had a seat on the Rivian board when it was a private company. English, daughter of Ford Executive Chairman Bill Ford, joined Rivian's board in May 2020, replacing Joe Hinrichs after he left Ford. Ford, which holds a stake greater than 5% in Rivian according to a filing with the U.S. Securities and Exchange Commission, had a seat on the Rivian board when it was a private company, but that would not continue as Rivian went public, Thibodeau said. Rivian Is Pumping the Brakes on Spending and Production Growth. That's In the commercial market, it offers Rivian Commercial Vehicle (RCV) platform. However, just a few days ago, Ford executives scuttled a joint effort between Rivian and Lincoln to produce an EV for the companys luxury division due to the impact of the coronavirus. Board of Directors Audit Committee Nominating & Governance Compensation Planet & Policy. Ford Planning Big Production Increases for Key Gas, Hybrid, Electric Models, VWs Scout Brand May Bring Two Plants to North America. Alexandra and I share a deep passion for mobility and electrification, and her connection to Fords long family role in transportation is something special. Ford, which holds a stake greater than 5% in Rivian according to a filing with the U.S. Securities and Exchange Commission, had a seat on the Rivian board when it was a private company, but that would not continue as Rivian went public, Thibodeau said. It was founded in 2009 by engineer RJ Scaringe, initially as Mainstream Motors, then briefly as Avera Automotive, based in Scaringe's home state of Florida. Ford Motor Co no longer has Rivian board representative Ford vice president Doug Power replaced English in June, and left the board in September. You must contact media@ford.com to obtain approval for advertising, marketing or other commercial uses. Rivian is based in Southern California with additional center of gravity offices in Northern California, Michigan, Arizona, Vancouver, the Netherlands and the United Kingdom. She is currently the director of corporate strategy at Ford and Executive Chairman Bill Ford Jr.s daughter. It went public on the Nasdaq on Nov. 10, 2021 at an IPO price of $78.00, raising nearly $12 billion. Ford Motor Company is a global company based in Dearborn, Michigan. Rivian is an electric vehicle manufacturer on a mission to keep the world adventurous forever. Ford's vested interest included initial plans to have Rivian make an electric SUV for the Lincoln brand. Josette joined the board on December 21, 2020 and became President of Canoo Inc. Inc. on July 26, 2021. Alexandra Ford English to Join Rivian's Board of Directors Achieving this requires real innovation, collaboration and stewardship. Board of Directors. Ford has invested more than $820 million in Rivian over two fundraising rounds, according to the SEC filing. The stock opened at $106.75, above the initial public offering price of $78 per share, rose as high as $119 and closed at $100.73. Harald Kroeger has resigned as a member of the Rivian Automotive, Inc. Board of Directors (the "Board"), effective December 20, 2022. At the time English was added, Rivian Chief Executive R.J. Scaringe cited her passion for mobility and electrification, as well as her connection to the company's long family role in transportation. read more. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. BUTTERFIELD & SON LIMITED, EVP-Engineering, Product Development & Programs, Chief Financial Officer, Senior VP & Controller, T. Rowe Price Associates, Inc. (Investment Management), Capital Research & Management Co. (Global Investors), Rivian plans to produce 62,000 vehicles this year - Bloomberg News. The filing did not include information on the latest $2.5 billion funding round Rivian announced in July that also included Ford. English joined Ford Motor Company in 2017. Alexandra Ford English to join Rivian's board of directors Reuters. Rivian has 48 current employee profiles, including Chief Executive Officer Robert J. Scaringe. Rivian CEO And Leadership: Executives and Demographics - Zippia Robert J. Scaringe Chief Executive Officer Jiten Behl Chief Strategy Officer Young Doo Director of Mechanical Design, Electric Power Conversion Group Mark Vinnels Executive Director - Enginnering & Programs Source: Refinitiv, an LSEG business - data delayed by at least 15 minutes. There are also offices elsewhere in California, as well as Canada and the U.K. Scaringe plans to use the money raised in the IPO to expand his Rivian lineup to include more vehicles built on the R1 platform, a smaller R2 family of vehicles, Rivian-badged adventure or overland vans, as well as commercial vans for customers in addition to Amazon. See here for a complete list of exchanges and delays. Prior to Twitter, Anthony served for almost four years as co-head of global TMT investment . At Rivian, were committed to showing that a successful business can also be good for the planet. DETROIT -- Ford Motor Co. said Friday that Alexandra Ford English, daughter of Executive Chairman Bill Ford, will join Rivian's . Board of Directors - Society of Automotive Analysts Contact Information Website www.rivian.com Formerly Known As Mainstream Motors, Avera Motors Ownership Status Publicly Held Financing Status Formerly VC-backed Primary Industry Automotive Stock Exchange NAS Primary Office 14600 Myford Road Who are the members of Rivians Board of Directors? I am looking forward to working closely with her and the perspective that she will bring to the Board, said RJ Scaringe, Rivian founder and CEO. Included in his role is the leadership of the regional sales, production and powertrain forecasting services that detail manufacturer, segment, platform, model, and plant trends. You can view Rivians products by visitingrivian.com. 2 U.S. automaker's representative on Rivian's board. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. EV maker Rivian's IPO was the most successful offering in the U.S. since 2014. $16.92 (7.63%) $1.20 Meet R.J. Scaringe, Founder Of Rivian AutomotiveAnd Tesla - Forbes The luxury SUV would have used Rivian's skateboard EV chassis with a "top hat" designed by Lincoln. Data is a real-time snapshot *Data is delayed at least 15 minutes. While an announcement was never made, Ford executive Alexandra Ford English left the Rivian board in May according to documents Rivian made public on Oct. 1. A slow-rolling startup, Rivian was founded in 2009 and began to develop an electric sports coupe, much like Tesla's Roadster, Scaringe admits. Conversely, Rivian hopes to deliver its first 1,000 vehicles by the end of 2021. Board Member, Advisor, and Former CEO of Patagonia, Inc. . ". Got a confidential news tip? Rivian Automotive, Inc. designs, develops, manufactures, and sells electric vehicles and accessories. . Rivian and Ford Motor Company today announced that Alexandra Ford English will join Rivian's board of directors effective immediately. [5] At that time the SLR became the highest volume carbon based car ever produced. Rivian Jan 2021 - Present 2 years 2 months. Volkswagen's Scout to build $2 bln plant in South Carolina, Mexico can't match U.S. incentives for proposed Tesla battery plant, minister says, Reporting by Ben Klayman, additional reporting by Paul Lienert; Editing by David Gregorio, Kirsten Donovan, Ford looking at ways to boost gas-powered F-150 production, Rivian stands by 2023 production target despite media report, Saudi Aramco CEO will not attend Houston energy conference, As space junk threat grows, government and investors seek solutions, France's nuclear output hit by strike at EDF, EIA blames crude oil blending, under-reported output for high adjustments in US data, Nissan and Mexican workers agree to 9% raise at Morelos plant, union says, Exclusive news, data and analytics for financial market professionals. Its offerings include R1T, a two-row, five-passenger pickup truck, as well as the R1S, a three-row, seven-passenger sport utility vehicle (SUV). (Deficit) Equity, Consolidated Statements Of Comprehensive Loss, Commitments And Contingencies - Unconditional Purchase Obligations (Details), Debt - Debt Securities, Trading, And Equity Securities, Fv-Ni (Details), Income Taxes - Deferred Tax Assets And Liabilities (Details), Income Taxes - Income Tax Reconciliation (Details), Income Taxes - Provision For Income Taxes (Details), Inventory And Inventory Valuation (Tables), Inventory And Inventory Valuation - Schedule Of Inventory, Current (Details), Leases - Schedule Of Lease Assets And Liabilities (Details), Leases - Terms And Interest Rates (Details), Net Loss Per Share - Antidilutive Securities (Details), Net Loss Per Share - Basic And Diluted Earnings Per Share (Details), Presentation And Nature Of Operations (Details), Property, Plant, And Equipment, Net (Tables), Property, Plant, And Equipment, Net - Narrative (Details), Property, Plant, And Equipment, Net - Schedule Of Property, Plant, And Equipment (Details), Related Party Transactions - Narrative (Details), Stock-Based Compensation - Fair Value Assumptions (Details), Stock-Based Compensation - Narrative (Details), Stock-Based Compensation - Schedule Of Stock-Based Compensation Expense (Details), Stock-Based Compensation - Share-Based Payment Arrangement, Activity (Details), Stockholders??? Ford executives have repeatedly stressed that the company's relationship with Rivian is strategic, but Ford's Lincoln division in April 2020 canceled plans to build EVs with Rivian, a move to save money during the pandemic. (Lincoln, Rivian scrub Lincoln EV project due to coronavirus.). BEN KLAYMAN. Its current valuation prices in many years of success that. All rights reserved. You can view our executive officers by visiting the Governance section of our Investor Relations website or visit theOur Company pageto learn about our entire leadership team. The industry leader for online information for tax, accounting and finance professionals. The move higher materialized as hype over electric vehicles continues to push auto stocks higher. At the time English was added, Rivian Chief Executive. The vehicle with Rivian is in addition to Fords plan to develop a portfolio of battery electric vehicles as part of Fords previously announced $11 billion of EV investments. Another investor is Cox Enterprises which is also collaborating with Rivian on digital retailing, service and logistics. RIVN | Rivian Automotive Inc. Cl A Company Profile & Executives - WSJ But within a couple years, that plan was shelved. The Company is engaged in designing, developing, and manufacturing EVs and accessories. icon-branding Events Icon Amazon.com (AMZN.O) and Cox Automotive, which also have Rivian stakes greater than 5%, still have board representatives. It's a strategic investment. Org Chart Rivian - The Official Board Check out the weeks top story and our latest reviewalong with a dive into the past with this week in automotive history. You can obtain Rivians investor relations material in the Investors section of our website. Rivian priced its initial public offering on November 9, 2021 and began trading on Nasdaq on November 10, 2021. Rivian. That gave Rivian an opening day market value just shy of $100 billion, higher than General Motors or Ford which have revenue in the billions and sales in the millions. Englishs move on to Rivians board seemingly signals the partnership is strong, and like many children of the Ford family, she is being given an increasing amount of responsibility. Chairman of the Board of Directors . Shares can be purchased through a stockbroker of your choice. The relationship between Ford Motor Co. and startup electric vehicle maker Rivian just got a little tighter as Alexandra Ford English was announced as the newest member of Rivians board of directors. Schuster is also a member of the LMC Automotive board of directors. Chairman of the Board and Chief Executive Officer. Editor's note: This story has been updated to clarify that Ford . Skip To Main. See here for a complete list of exchanges and delays. ATLANTA - March 1, 2023 - Today, Governor Brian P. Kemp and First Lady Marty Kemp, along with Rivian founder and CEO RJ Scaringe, joined Lt. Before joining Ford, she was responsible for managing profit and loss operations for customer-centric businesses in the merchandising divisions of Tory Burch in New York and Gap Inc. in San Francisco. Our strategic partnership with Rivian plays an important role in the future of fully networked battery electric vehicles, said Jim Hackett, Ford president and CEO. It is now a publicly traded company, but it had big name backers to get it to where it is today, notably Ford and Amazon, both of which had a vested interest. Rivian Is Pumping the Brakes on Spending and Production Growth. That's Board Member Meati Foods . It also offers a portfolio of vehicle accessories, including all-weather floormats, camp kitchen, three-person rooftop tent, at-home Rivian wall charger, and others. Rivianwill launch its products in the US in 2021, with introduction to international markets following. Governor Burt Jones, Speaker Jon Burns, Department of Economic Development Commissioner Pat Wilson, legislative leaders from both chambers, local elected and economic officials, and company representatives to celebrate the first-ever Rivian Day at the . DEARBORN, Mich., May 1, 2020 - Rivian and Ford Motor Company today announced that Alexandra Ford English will join Rivian's board of directors effective immediately. Last year, the company invested $500 million in Rivian, saying it would develop a new vehicle with the EV maker. English, daughter of Ford Executive Chairman Bill Ford, joined Rivian's board in May 2020, replacing Joe Hinrichs after he left Ford. We cant find the page you're looking for. The company's . TheDetroitBureau doesnt stop with the press releases or confuse a few lines of opinion with insightful, in-depth reporting. Rivian Sets Date for Release of Fourth Quarter and Full Year 2022 Results JANUARY 3, 2023 Rivian Produced 10,020 Vehicles in Q4 2022 NOVEMBER 9, 2022 Rivian Releases Third Quarter 2022 Financial Results Leadership & Governance SEC Filings By The Numbers R1 preorders as of Nov. 7, 2022 ~114,000 Initial Amazon EDV order 100,000 RIVN. The industry leader for online information for tax, accounting and finance professionals. Rivian Automotive, Inc. Elects Harald Kroeger to Serve as Class II Director Alexandra Ford English To Join Rivian's Board Of Directors

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