English, daughter of Ford Executive Chairman Bill Ford, joined Rivian's board in May 2020, replacing Joe Hinrichs after he left Ford. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. The company designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company and is pursuing leadership positions in electrification, mobility solutions, including self-driving services; and connected services. A slow-rolling startup, Rivian was founded in 2009 and began to develop an electric sports coupe, much like Tesla's Roadster, Scaringe admits. English holds a bachelors degree from Stanford University and a masters degree from Harvard Business School. 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. the 2022 Rivian R1T electric pickup truck, the 2022 Rivian R1S electric three-row SUV, R1 platform, a smaller R2 family of vehicles. Chairman of the Board of Directors . Does Rivian pay dividends and have a dividend reinvestment program? Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. It also offers FleetOS, a centralized fleet management subscription platform. Rivian Automotive, Inc. is a manufacturer of electric vehicles (EV). Editor's note: This story has been updated to clarify that Ford . The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. 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 May 1, 2020. The Company is engaged in designing, developing, and manufacturing EVs and accessories. All SEC filings can also be accessed directly from the SEC website atsec.gov. Ford also had a representative on the Rivian board of directors but that ended prior to the company going public. Alexandra and I share a deep passion for mobility and electrification, and her connection to Fords long family role in transportation is something special. As for who owns it Rivian owns Rivian. 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. 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. On . Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. It's a strategic investment. Sponsored. 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. Amazon owns about 20 percent of Rivian. You can obtain Rivians investor relations material in the Investors section of our website. 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. 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 . 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. Have some ideas for making The Detroit Bureau.com even better? English is director of Corporate Strategy for Ford Motor Company, responsible for the companys enterprise strategy and connectivity and digital network strategy. The data presented on this page does not represent the view of Rivian and its employees or that of Zippia. 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. 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. 1mo. 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.". document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); We promise not to spam you. 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. Rivian has never declared or paid any cash dividends on our capital stock, and does not anticipate declaring or paying any dividends in the foreseeable future. It sells vehicles directly to customers in the consumer and commercial markets. You can unsubscribe at any time. 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. ATLANTA - March 1, 2023 - Today, Governor Brian P. Kemp and First Lady Marty Kemp, along with Rivian founder and CEO RJ Scaringe, joined Lt. Could we see a return of the F100, maybe the eF100, F100e. But within a couple years, that plan was shelved. Ford Motor Company is a global company based in Dearborn, Michigan. Rivian Announces $350 Million Investment from Cox Automotive - Cox Automotive Inc. Rivian today announced an equity investment of $350 million from global automotive services company Cox Automotive. In the commercial market, it offers Rivian Commercial Vehicle (RCV) platform. 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 . 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. 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. The industry leader for online information for tax, accounting and finance professionals. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. The luxury SUV would have used Rivian's skateboard EV chassis with a "top hat" designed by Lincoln. We don't have anything to announce today," Ford spokesman Ian Thibodeau said on Wednesday. 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 had originally planned to spend $2.6 billion for growth investments in 2022. Rivian. 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. "Rivian is a strategic investment and we're still exploring ways for potential collaboration with them. Ford vice president Doug Power replaced English in June, and left the board in September. Sorry, your email address is not recognized. Shares can be purchased through a stockbroker of your choice. High Resolution Photos 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. 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. Get the latest business insights from Dun & Bradstreet. Enter your email below and we'll send a link to help you access your account. Amazon.comand Cox Automotive, which also have Rivian stakes greater than 5%, still have board representatives. 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??? It's not a transactional investment. Rivian is an electric vehicle manufacturer on a mission to keep the world adventurous forever. Copyright 2023 Surperformance. Rivian is one of the most hyped IPOs in recent history. If you typed the URL into your browser, check that you entered it correctly. At Rivian, were committed to showing that a successful business can also be good for the planet. 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. Harald Kroeger has resigned as a member of the Rivian Automotive, Inc. Board of Directors (the "Board"), effective December 20, 2022. All Rights Reserved. We continue to see enormous growth and progress in every . 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. 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. Who are the members of Rivians Board of Directors? 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. 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 See here for a complete list of exchanges and delays. The announcement is effective May 1 st, 2020. Ford CEO Jim Farley has said the two automakers continue to work together, with mutual admiration and respect and a strategic vision that will play out over many years. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. RIVN. Rivian is based in Irvine, California, but retains the Engineering and Design Center in Plymouth, Michigan, which at one point also served as headquarters until the decision was made to relocate the HQ to Irvine. Chief Executive Officer. Download size exceeds 350 MB. Alexandra Ford English is the newest member of the Rivian board of directors.
