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. Description of Capital Stock | Rivian Automotive, Inc. | Business May 1, 2020. Includes Ownership Percent, Buy versus Sell comparison, Put-Call ratio and more, Get one-click access to balance sheets, income, operations and cash flow statements without having to find them in Annual and Quarterly Reports, S-1 Registration of Securities October 2021, Consolidated Balance Sheets (Parenthetical), Consolidated Statements Of Changes In Contingently Redeemable Convertible Preferred Stock And Stockholders??? 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. 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. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. Rivian CEO And Leadership: Executives and Demographics - Zippia Ford is also supplying some components, engineering and tooling to Rivian. ". Youll see Stamping, Body, Paint, Propulsion, General Assembly and End of Line, including how our skilled, diverse and dedicated team assembles our R1T, R1S and commercial vans. The filing did not include information on the latest $2.5 billion funding round Rivian announced in July that also included Ford. We'll keep you updated, but that's a very fundamental bet.". But last March it halved that target to 25,000 amid. Get this delivered to your inbox, and more info about our products and services. . Ford soared as much as 12% on Thursday, extending its three-day surge to more than 23%. The company, renamed Rivian, started with a small crew and an original plan to build a mid-engine hybrid sports car. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. 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. May 01, 2020 Rivian and Ford Motor Co. announced that Alexandra Ford English will join Rivian's board of directors effective immediately. The EV maker went public at $78 per share last November, and its stock started trading at $106.75 before. Governance - Investor Relations - Rivian read more. Low Resolution Photos. As it bled cash, it slowed those capital expenditures and ended up investing just $1.4 billion as it realized a . ", When Ford said in March that English would join Ford's board, its press release identified her as the No. Rivian and Ford Motor Company have announced that Alexandra Ford English will join Rivian's board of directors. Member of the Board of Directors Patagonia Mar 2013 - . How can I get a copy of Rivian's Annual Report or any other Investor materials (i.e., Investor Relations kit, Form 10-K, Proxy Statement)? 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. May 01, 2020 10:10 AM. Like what you see? Data is a real-time snapshot *Data is delayed at least 15 minutes. Schuster is also a member of the LMC Automotive board of directors. Alexandra Ford English to Join Rivian's Board of Directors October 13, 2021 11:45 AM. Watch as Rivian founder and CEO RJ Scaringe walks you through each shop to explain how we're making progress in producing electric vehicles at scale. Who Owns Rivian? Major Stakeholders and Pre-IPO Investors - MotorTrend 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. Why Rivian Rose Today | Nasdaq In . (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??? Org Chart Rivian - The Official Board 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. Amazon owns about 20 percent of Rivian. Rivian Automotive Inc - Company Profile and News 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 ahead of its planned initial public offering. RJ Scaringe; Pamela Thomas-Graham; Karen Boone; Sanford Schwartz; Sponsored. Meet R.J. Scaringe, Founder Of Rivian AutomotiveAnd Tesla - Forbes Rivian had originally planned to spend $2.6 billion for growth investments in 2022. 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. Equity - Narrative (Details), Summary Of Significant Accounting Policies, Summary Of Significant Accounting Policies (Policies), Summary Of Significant Accounting Policies (Tables), Summary Of Significant Accounting Policies - Narrative (Details), Summary Of Significant Accounting Policies - Schedule Of Cash And Cash Equivalents (Details), Exhibit 4.3: Instruments Defining The Rights Of Security Holders, Including Indentures, Exhibit 21.1: Subsidaries Of The Registrant, Exhibit 23.1: Consents Of Experts And Counsel, Exhibit 31.1: Rule 13A-14(A)/15D-14(A) Certification, Exhibit 31.2: Rule 13A-14(A)/15D-14(A) Certification, https://last10k.com/sec-filings/rivn/0001874178-23-000009.htm. DETROIT -- Ford Motor Co. said Friday that Alexandra Ford English, daughter of Executive Chairman Bill Ford, will join Rivian's . 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. QUESTIONS AND ANSWERS ABOUT THE 2022 ANNUAL MEETING OF STOCKHOLDERS, Proposal 2: Ratification of Appointment of Independent Registered Public Accounting Firm, INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FEES AND OTHER MATTERS, Board Leadership Structure and Role in Risk Oversight, Attendance by Members of the Board of Directors at Meetings, COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS, SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT, CERTAIN RELATIONSHIPS AND RELATED PERSON TRANSACTIONS. Rivian Automotive, Inc. is a manufacturer of electric vehicles (EV). Instructions on how to reset your password have been sent to the email you entered. Rivian Automotive, Inc. Elects Harald Kroeger to Serve as Class II Director Who is Rivians independent registered public accounting firm? Currently he is Director of Product Planning for Rivian, an electric vehicle start-up based in . 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 ahead of its planned initial public offering. Prior to joining the corporate strategy team, she was a member of the Ford Autonomous Vehicle LLC team and a member of the City Solutions team. Delayed Nasdaq Rivian Automotive, Inc. Company Profile | Irvine, CA | Competitors Rivian Is Pumping the Brakes on Spending and Production Growth. That's 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). Rivianwill launch its products in the US in 2021, with introduction to international markets following. Rivian Is Pumping the Brakes on Spending and Production Growth. That's Ford vice president Doug Power replaced English in June, and left the board in September. 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. Anthony is the CEO of SoFi and serves on its board of directors. Ford has invested more than $820 million in Rivian over two fundraising rounds. the 2022 Rivian R1T electric pickup truck, the 2022 Rivian R1S electric three-row SUV, R1 platform, a smaller R2 family of vehicles. No. You must contact media@ford.com to obtain approval for advertising, marketing or other commercial uses. It's not a transactional investment. Select a location. Rivian stands by 2023 production target despite media report, Volkswagen's Scout to build $2 bln plant in South Carolina, VinFast delivers first 45 cars in US market, EV maker Polestar's Q4 loss narrows, won't engage in price wars, Alphabet's Waymo cuts more than 100 jobs in second round of layoffs, EV startups from Lucid to Rivian see demand fade, supply chain issues linger, Rivian shares fall as supply chain snarls hamper production forecast, Fisker pacifies investors with higher orders; keeps 2023 production target, Exclusive news, data and analytics for financial market professionals. Org Chart Rivian - The Official Board Board N-1 N-2 CEO & Chairman Robert Scaringe Move Lead Director Karen Boone Move Director Jay Flatley Move Director Peter Krawiec Move Director Rose Marcario Move Director Sanford Schwartz Move Director Pamela Thomas-Graham Move CFO Claire McDonough Move Facilities J. Alexandra Ford English to join Rivian's board of directors 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. (Ford investing $500M in Rivian; will use start-ups platform for new BEV.). Check out the weeks top story and our latest reviewalong with a dive into the past with this week in automotive history. As for who owns itRivian owns Rivian. Josette joined the board on December 21, 2020 and became President of Canoo Inc. Inc. on July 26, 2021. Alexandra Ford English, daughter of Bill Ford, to join Rivian board 459,846 followers. Images, video and audio from this Web site are provided without login for the purpose of editorial use only. 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 She was officially elected to Ford's board in May and her exit from Rivian's board was in anticipation of that, a spokesman said. She is responsible for the Dearborn-based automaker's enterprise strategy and connectivity . 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. 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 . At the time English was added, Rivian Chief Executive. 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. 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. Rivian had originally planned to spend $2.6 billion for growth investments in 2022. 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. Editor's note: This story has been updated to clarify that Ford . RIVN. Ford has invested more than $820 million in Rivian over two fundraising rounds, according to the SEC filing. . Ford no longer has Rivian board representative - Automotive News Where Will Rivian Automotive Stock Be in 1 Year? icon-branding Events Icon The R1 technology systems include vehicle electronics, battery, electric drive, chassis, Driver+, its advanced driver assistance system (ADAS), and digital user experience management. Press ReleaseProduction & DeliveryShareholder LetterWebcast. Rivian and Ford Motor Company today announced that Alexandra Ford English will join Rivian's board of directors effective immediately. Board of Directors Audit Committee Nominating & Governance Compensation Planet & Policy. Download size exceeds 350 MB. When Rivian Automotive ( RIVN -4.73%) went public in November 2021, it claimed it could produce 50,000 electric vehicles (EVs) in 2022. Ford has invested more than $820 million in Rivian over two fundraising rounds, according to the SEC filing. 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. 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. You can obtain Rivians investor relations material in the Investors section of our website. Could we see a return of the F100, maybe the eF100, F100e. Antony Sheriff - Wikipedia All Rights Reserved. 2023 CNBC LLC. Alexandra and I share a deep passion for mobility and electrification, and her connection to Fords long family role in transportation is something special. Sign up for free newsletters and get more CNBC delivered to your inbox. She was officially elected to Ford's board in May and her exit from Rivian's board was in anticipation of that, a spokesman said. Ford also had a representative on the Rivian board of directors but that ended prior to the company going public. Riviandevelops vehicles, technology and services that inspire people to get out and explore the world. Investors Leadership . [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. You can view our recent press releases by visitingour Newsroom. And by offering products and services that inspire people to explore and enjoy our world, we hope to also inspire them to want to protect it. See here for a complete list of exchanges and delays. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. 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. BEN KLAYMAN. Alexandra Ford English. And Rivian went public on Nov. 10, 2021. 2 U.S. automaker's representative on Rivian's board. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); We promise not to spam you. 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. Buying Rivian Could Be Your Biggest Regret in 2022 What is Rivian? - Investopedia With Alexandras experience in mobility and self-driving services, she will bring a unique perspective to Rivians board during this transformational time in our industry., (Lincoln and Rivian announced their SUV program in January.