English, daughter of Ford Executive Chairman Bill Ford, joined Rivian's board in May 2020, replacing Joe Hinrichs after he left Ford. 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 You can obtain Rivians investor relations material in the Investors section of our website. All Rights Reserved. DETROIT -- Ford Motor Co. said Friday that Alexandra Ford English, daughter of Executive Chairman Bill Ford, will join Rivian's . The industry leader for online information for tax, accounting and finance professionals. 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. Rivian Automotive, Inc. (RIVN) 10-K Annual Report February 2023 Alexandra Ford English. Board of Directors. Low Resolution Photos. It also offers FleetOS, a centralized fleet management subscription platform. It provides Rivian Commercial Vehicle platform for Electric Delivery Van with collaboration with Amazon.com, Inc. BEN KLAYMAN. Rivianwill launch its products in the US in 2021, with introduction to international markets following. 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. 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. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Rose Marcario - Venture Partner - ReGen Ventures | LinkedIn Before joining SoFi, he served as chief operating officer of Twitter since November 2016, and as its chief financial officer when joining the company in July 2014. 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. 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. That by exploring more responsibly today, we can preserve the environment for the generations that come after us. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. It sells vehicles directly to customers in the consumer and commercial markets. Please select less number of photos for download. 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. Ford Stock Price Extends Surge After Rivian's Big Capital Raise High Resolution Photos Rivian is traded on the Nasdaq Global Select Market under the symbol RIVN.. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. 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. But in April 2020, Ford announced that it had changed plans and would build its own Lincoln EV, using its new electric vehicle platform, and assembled at a Ford plant. Harald Kroeger has resigned as a member of the Rivian Automotive, Inc. Board of Directors (the "Board"), effective December 20, 2022. 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 most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. English currently serves as Ford Motor Company's director of Corporate Strategy. And Rivian went public on Nov. 10, 2021. But within a couple years, that plan was shelved. Rivian Automotive, Inc. Company Profile | Irvine, CA | Competitors English is director of Corporate Strategy for Ford Motor Company, responsible for the companys enterprise strategy and connectivity and digital network strategy. Sorry, your email address is not recognized. The company's . Rivian Automotive. icon-branding Events Icon Rivian is one of the most hyped IPOs in recent history. The company has numerous challenges ahead as it attempts to grow its business. Through its RCV platform, it designed and engineered Electric Delivery Van (EDV) in collaboration with Amazon. EV maker Rivian's IPO was the most successful offering in the U.S. since 2014. Alexandra Ford English is the newest member of the Rivian board of directors. Rivian. 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. Ford has invested more than $820 million in Rivian over two fundraising rounds, according to the SEC filing. See here for a complete list of exchanges and delays. Rivian IPO: RIVN went public at $78.00 on Nov. 10, 2021 - Investopedia The R1 technology systems include vehicle electronics, battery, electric drive, chassis, Driver+, its advanced driver assistance system (ADAS), and digital user experience management. At the very least, Rivian is proving to be a good investmentFord's stake in Rivian is about 13 percent, and the roughly $1.2 billion invested was worth about $9 billion when trading began. We'll keep you updated, but that's a very fundamental bet.". Editor's note: This story has been updated to clarify that Ford . Ford Family Member Named to Board of EV Startup Rivian Michael Martinez. The company was. In the SEC filing Rivian said, "Following this offering, none of our stockholders will have any contractual rights to elect or designate members of our board of directors.". So what Last Friday, Wells Fargo analyst Colin Langan issued a note on Rivian, maintaining his neutral rating on shares, but lowering his price target from $32 to $18 -- flat relative to. As head of the World Food Program, which was . Org Chart Rivian - The Official Board In May, Ford chief product platform and operations officer Hau Thai-Tang called Rivian a strategic partner and said Ford was still looking at using Rivian's products. 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 . Rivian Automotive ( RIVN 0.16%) was one of the hottest electric vehicle stocks of 2021. Rivian Automotive price target lowered to $18 from $32 at Wells Fargo February 24, 2023TipRanks Rivian Automotive price target lowered to $42 from $50 at Mizuho February 24, 2023TipRanks Mizuho. Please select individual photos within album for download. (Ford investing $500M in Rivian; will use start-ups platform for new BEV.). The CEO also wants a second plant to meet forecasted demand. Amazon owns about 20 percent of Rivian. Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables wereremoved, added and changedby Rivian Automotive, Inc.. Rivian Automotive, Inc.'s Definitive Proxy Statement (Form DEF 14A) filed after their 2023 10-K Annual Report includes: Rivian Automotive, Inc. provided additional information to their SEC Filing as exhibits, Our Intrinsic Value calculator estimates what an entire company is worth using up to 10 years of financial ratios to determine if a stock is overvalued or not, Receive an e-mail as soon as a company files an Annual Report, Quarterly Report or has new 8-K corporate news, Read positive and negative remarks made by management in their entirety without having to find them in a 10-K/Q, Remove data columns and navigations in order to see much more filing content and tables in one view, Read both hidden opportunities and early signs of potential problems without having to find them in a 10-K/Q, Export Annual and Quarterly Reports to Adobe Acrobat (PDF), Microsoft Word (DOCX), Excel (XLSX) and Comma-Delimited (CSV) files for offline viewing, annotations and analysis, Our Financial Stability reports uses up to 10 years of financial ratios to determine the health of a company's EPS, Dividends, Book Value, Return on Equity, Current Ratio and Debt-to-Equity, See how over 70 Growth, Profitability and Financial Ratios perform over 10 Years, Use our calculated cost dollar values to discover when and how much registered owners BUY, SELL or excercise their company stock OPTIONS aggregated from Form 4 Insider Transactions SEC Filings, View which hedge funds, pension / retirement funds, endowments, banks and insurance companies have increased or decreased their positions in a particular stock. 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. English, daughter of Ford Executive Chairman Bill Ford, joined Rivian's board in May 2020, replacing Joe Hinrichs after he left Ford. RIVN | Rivian Automotive Inc. Cl A Company Profile & Executives - WSJ Description of Capital Stock | Rivian Automotive, Inc. | Business Amazon.comand Cox Automotive, which also have Rivian stakes greater than 5%, still have board representatives. As for who owns itRivian owns Rivian. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. On which exchange is Rivian listed and what is the ticker symbol? 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. LOGIN OR Skip To Main. All rights reserved. RIVIAN AUTOMOTIVE, INC. : Shareholders Board Members Managers and 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 If you typed the URL into your browser, check that you entered it correctly. read more. Sponsored. He launched the SLR into production in 2003 in partnership with Mercedes-Benz and turned McLaren Automotive into a profitable company after developing and launching further SLR models including the SLR Roadster and SLR Stirling Moss. ATLANTA - March 1, 2023 - Today, Governor Brian P. Kemp and First Lady Marty Kemp, along with Rivian founder and CEO RJ Scaringe, joined Lt. More information is available atrivian.com. When Rivian Automotive ( RIVN -4.73%) went public in November 2021, it claimed it could produce 50,000 electric vehicles (EVs) in 2022. Riviandevelops vehicles, technology and services that inspire people to get out and explore the world. Management Team :: Canoo Inc. (GOEV) 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. REGISTER HERE. None of the information on this page has been provided or approved by Rivian. Buying Rivian Could Be Your Biggest Regret in 2022 Ford no longer has Rivian board representative - Automotive News Rivianhas development centers in Plymouth, Michigan; Northern California; Southern California; Vancouver, Canada, and Surrey, England; along with a 2.6-million-square-foot manufacturing plant in Normal, Illinois. Heres the original story.). Rivian today announced an equity investment of $350 million from global automotive services company Cox Automotive. home > news > Automakers > Ford Family Member Named to Board of EV Startup Rivian. Rivian Automotive, founded by Robert "R.J." Scaringe, is coming up fast in the rearview mirror of high-profile electric carmaker Tesla Inc. ( TSLA ). Ford Family Member Named to Board of EV Startup Rivian. Amazon.com (AMZN.O) and Cox Automotive, which also have Rivian stakes greater than 5%, still have board representatives. Ford employs approximately 188,000 people worldwide. The move higher materialized as hype over electric vehicles continues to push auto stocks higher. Alexandra Ford English Joins Rivian Board of Directors Rivian Automotive, Inc. Elects Harald Kroeger to Serve as Class II Director 08/11/2022 | 05:26pm EST On August 8, 2022, the Board of Directors of Rivian Automotive, Inc. expanded the size of the Board and elected Harald Kroeger to serve as a Class II director of the Company, effective immediately. Rivian | LinkedIn Rivian declined to comment on Wednesday beyond documents it filed with U.S. regulators, citing the quiet period ahead of its IPO. Move Control L. Move English is director of Corporate Strategy for . Ford has invested more than $820 million in Rivian over two fundraising rounds. 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. 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. Get this delivered to your inbox, and more info about our products and services. -, 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. Governor Kemp, Rivian CEO RJ Scaringe and State Leaders Celebrate You can unsubscribe at any time. It's not a transactional investment. Ford vice president Doug Power replaced English in June, and left the board in September. Could we see a return of the F100, maybe the eF100, F100e. 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. Alexandra Ford English To Join Rivian's Board Of Directors Ford Motor, which has repeatedly touted its strategic relationship with electric vehicle maker Rivian, no longer has a representative on the startup's board of directors ahead of its going public. Rivian Company Profile: Stock Performance & Earnings | PitchBook On . Schuster is also a member of the LMC Automotive board of directors. 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. 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. Like what you see? Got a confidential news tip? Ford soared as much as 12% on Thursday, extending its three-day surge to more than 23%. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); We promise not to spam you. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. Rivian Automotive NasdaqGS:RIVN Stock Report - Simply Wall St 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 Photo: Ford. Board of Directors Audit Committee Nominating & Governance Compensation Planet & Policy. Investor Relations - Rivian Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. RIVIAN AUTOMOTIVE, INC. 14600 Myford Road Irvine, California 92606 Letter From Our CEO April 27, 2022 To Our Stockholders: You are cordially invited to attend the 2022 Annual Meeting of Stockholders (the "Annual Meeting") of Rivian Automotive, Inc. at 11:00 a.m. Pacific time, on Monday, June 6, 2022. REUTERS/Mike Blake. 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. 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. Who is Rivians independent registered public accounting firm? 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. You can view our recent press releases by visitingour Newsroom. 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. DEARBORN, Mich., May 1, 2020 Rivian and Ford Motor Company today announced that Alexandra Ford English will join Rivians board of directors effective immediately. Rivian VP of Manufacturing Tim Fallon recently shared this look back at 2022, and a view ahead at 2023. Document - SEC In May, Ford chief product platform and operations officer Hau Thai-Tang called Rivian a strategic partner and said Ford was still looking at using Rivian's products. English is director of Corporate Strategy for Ford Motor Company, responsible for the company's enterprise strategy and connectivity and digital network strategy. (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???
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