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 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. That by exploring more responsibly today, we can preserve the environment for the generations that come after us. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. Amazon owns about 20 percent of Rivian. R.J. Scaringe, Rivian's 35-year-old CEO, introduces his company's R1T all-electric pickup and all-electric R1S SUV at Los Angeles Auto Show in Los Angeles, California, November 27, 2018. exit from Rivian's board was in anticipation of that. High Resolution Photos Riviandevelops vehicles, technology and services that inspire people to get out and explore the world. 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. Rivian Is Pumping the Brakes on Spending and Production Growth. That's 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. That idea was scrapped and eventually the small company saw a future in electric adventure-oriented trucks and SUVs. 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. TO VIEW CONTACT DETAILS PLEASE English is director of Corporate Strategy for Ford Motor Company, responsible for the company's enterprise strategy and connectivity and digital network strategy. 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. All quotes delayed a minimum of 15 minutes. 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. Rivian Automotive, founded by Robert "R.J." Scaringe, is coming up fast in the rearview mirror of high-profile electric carmaker Tesla Inc. ( TSLA ). 2023 CNBC LLC. 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. No. -, 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. 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. See here for a complete list of exchanges and delays. ". Currently he is Director of Product Planning for Rivian, an electric vehicle start-up based in . Could we see a return of the F100, maybe the eF100, F100e. Ford Planning Big Production Increases for Key Gas, Hybrid, Electric Models, VWs Scout Brand May Bring Two Plants to North America. Conversely, Rivian hopes to deliver its first 1,000 vehicles by the end of 2021. 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. Please select less number of photos for download. Rivian is one of the most hyped IPOs in recent history. Description of Capital Stock | Rivian Automotive, Inc. | Business Where can I find recent Rivians press releases? RIVN | Rivian Automotive Inc. Cl A Company Profile & Executives - WSJ Ford has invested more than $820 million in Rivian over two fundraising rounds, according to the SEC filing. Board of Directors. Achieving this requires real innovation, collaboration and stewardship. (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??? 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. 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. Buying Rivian Could Be Your Biggest Regret in 2022 See here for a complete list of exchanges and delays. |, Alexandra Ford English to Join Rivians Board of Directors. Rivian is based in Southern California with additional center of gravity offices in Northern California, Michigan, Arizona, Vancouver, the Netherlands and the United Kingdom. Rivian | LinkedIn Get the latest business insights from Dun & Bradstreet. As for who owns itRivian owns 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. Josette joined the board on December 21, 2020 and became President of Canoo Inc. Inc. on July 26, 2021. (Lincoln, Rivian scrub Lincoln EV project due to coronavirus.). document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); We promise not to spam you. On which exchange is Rivian listed and what is the ticker symbol? "Rivian is a strategic investment and we're still exploring ways for potential collaboration with them. REGISTER HERE. The company has numerous challenges ahead as it attempts to grow its business. Photo: Ford. Rose Marcario - Venture Partner - ReGen Ventures | LinkedIn You must contactmedia@ford.comto obtain approval for advertising, marketing or other commercial users. English holds a bachelors degree from Stanford University and a masters degree from Harvard Business School. The EV maker went public at $78 per share last November, and its stock started trading at $106.75 before. As it bled cash, it slowed those capital expenditures and ended up investing just $1.4 billion as it realized a. In a February conference call with analysts, Ford CEO Jim Farley said, "We love what R.J. is doing at Rivian. Company profile page for Rivian Automotive Inc including stock price, company news, press releases, executives, board members, and contact information 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 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. Schuster is also a member of the LMC Automotive board of directors. Governor Kemp, Rivian CEO RJ Scaringe and State Leaders Celebrate Ford has invested more than $820 million in Rivian over two fundraising rounds. 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 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. read more. Alexandra Ford English Joins Rivian Board of Directors Ford has invested more than $820 million in Rivian over two fundraising rounds, according to the SEC filing. Shares can be purchased through a stockbroker of your choice. Ford no longer has Rivian board representative - Automotive News How can I obtain Rivians investor relations materials? RIVIAN AUTOMOTIVE, INC. / DE : Change in Directors or Principal Chairman of the Board of Directors . Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. Alexandra Ford English to Join Rivian's Board of Directors read more. Rivian Automotive, Inc. is a manufacturer of electric vehicles (EV). 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??? Does Rivian pay dividends and have a dividend reinvestment program? RIVIAN AUTOMOTIVE, INC. : Shareholders Board Members Managers and Governance - Investor Relations - Rivian You can view Rivians products by visitingrivian.com. Alexandra Ford English is the newest member of the Rivian board of directors. 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. May 1, 2020. Amazon worked closely with Rivian to design the delivery vans being assembled at the Rivian plant in Normal. Images, video and audio from this Web site are provided without login for the purpose of editorial use only. Rivian may also be known as or be related to Rivian, Rivian Automotive, Rivian Automotive, Inc. and Rivian Automotive, LLC. 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. Anthony is the CEO of SoFi and serves on its board of directors. Sponsored. It's a strategic investment. Rivian Automotive, Inc. (RIVN) 10-K Annual Report February 2023 Equity - Fair Value Assumptions (Details), Stockholders??? 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. Where can I find more information on Rivians products. Rivianis accepting preorders on its R1T and R1S. Save my name, email, and website in this browser for the next time I comment. We want to hear from you. Where Will Rivian Automotive Stock Be in 1 Year? Source: Refinitiv, an LSEG business - data delayed by at least 15 minutes. Content tailored to your personal preferences, Favorite content saved within your briefcase, Media advisories, newsletters, and email alerts and PR contact information. Last year, the company invested $500 million in Rivian, saying it would develop a new vehicle with the EV maker. Rivian's board of directors does not include Ford - TESLARATI 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. Reuters. At the time English was added, Rivian Chief Executive. 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. 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. Find company research, competitor information, contact details & financial data for Rivian Automotive, Inc. of Irvine, CA. Ford also had a representative on the Rivian board of directors but that ended prior to the company going public. Ford employs approximately 188,000 people worldwide. We don't have anything to announce today," Ford spokesman Ian Thibodeau said on Wednesday. document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); TheDetroitBureau.coms Headlight News offers a look at the past weeks top automotive news stories, as well as whats coming up in the week ahead. LOGIN OR Board of Directors - Society of Automotive Analysts Download size exceeds 350 MB. As for who owns it Rivian owns Rivian. 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. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. And Rivian went public on Nov. 10, 2021. The Company is engaged in designing, developing, and manufacturing EVs and accessories. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. RIVN. Rivian IPO: RIVN went public at $78.00 on Nov. 10, 2021 - Investopedia Rivian Automotive, Inc. Elects Harald Kroeger to Serve as Class II Director 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. DETROIT, Oct 12 (Reuters) - Ford Motor Co (F.N), 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. 2 U.S. automaker's representative on Rivian's board. Member of the Board of Directors Patagonia Mar 2013 - . Have some ideas for making The Detroit Bureau.com even better? Its current valuation prices in many years of success that. If you reached this page via our site or search, please let us know by emailing, The Tax Play That Saves Some Couples Big Bucks, How Gas From Texas Becomes Cooking Fuel in France, Watch: Fire Rips Through Jakarta Fuel Depot, More Severe Weather Expected After Tornadoes Hit South, Chicago Mayor Lori Lightfoot Loses Re-Election Bid. Who are the members of Rivians Board of Directors? Prior to Twitter, Anthony served for almost four years as co-head of global TMT investment . Rivian VP of Manufacturing Tim Fallon recently shared this look back at 2022, and a view ahead at 2023. Rivian and Ford Motor Company have announced that Alexandra Ford English will join Rivian's board of directors. You can view our Board of Directors by visiting theCorporate Governancesection of our Investor Relations website. EV maker Rivian's IPO was the most successful offering in the U.S. since 2014. 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. Org Chart Rivian - The Official Board 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. RIVN.O - | Stock Price & Latest News | Reuters Rivian declined to comment on Wednesday beyond documents it filed with U.S. regulators, citing the quiet period ahead of its IPO. Rivian is traded on the Nasdaq Global Select Market under the symbol RIVN.. Another investor is Cox Enterprises which is also collaborating with Rivian on digital retailing, service and logistics. . On . Skip To Main. See here for a complete list of exchanges and delays. 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. All Rights Reserved. More than just another place to find news, reviews, spy shots, commentary, features, and guides about the auto industry. Ford soared as much as 12% on Thursday, extending its three-day surge to more than 23%. It's a strategic investment. Heres the original story.). Rivian Is Pumping the Brakes on Spending and Production Growth. That's You can obtain Rivians investor relations material in the Investors section of our website. Check out the weeks top story and our latest reviewalong with a dive into the past with this week in automotive history. 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. Given the recent announcement of Mr. Kroeger's new roles with another company effective January 1, 2023, the Board concluded that there were now potential conflicts of interest for Mr. Kroeger. Alexandra Ford English to join Rivian's board of directors None of the information on this page has been provided or approved by Rivian. Rivian CEO And Leadership: Executives and Demographics - Zippia The company, renamed Rivian, started with a small crew and an original plan to build a mid-engine hybrid sports car. Rivians independent registered public accounting firm is KPMG LLP. DETROIT -- Ford Motor Co. said Friday that Alexandra Ford English, daughter of Executive Chairman Bill Ford, will join Rivian's . Our Leadership Team | SoFi Move Control L. Move Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. You can unsubscribe at any 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. 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. REUTERS/Mike Blake. Alexandra Ford English. Rivian priced its initial public offering on November 9, 2021 and began trading on Nasdaq on November 10, 2021. In addition to these investments, Ford plans to develop a new vehicle using Rivians flexible skateboard platform. 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 Rivian's board of directors. Rivian Automotive NasdaqGS:RIVN Stock Report - Simply Wall St Harald Kroeger has resigned as a member of the Rivian Automotive, Inc. Board of Directors (the "Board"), effective December 20, 2022. And he wants Rivian to make battery systems and drivetrains in-house. The company was. Ford is also supplying some components, engineering and tooling to Rivian. Download size exceeds 350 MB. 2 U.S. automaker's representative on Rivian's board. English is director of Corporate Strategy for . Chief Executive Officer. 2022 The Ford Motor Company | This site may contain links to external websites not affiliated with Ford Motor Company | Images, video and audio from this Web site are provided without login for the purpose of editorial use only. 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. But within a couple years, that plan was shelved. The data presented on this page does not represent the view of Rivian and its employees or that of Zippia. Rivian Automotive Inc - Company Profile and News 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. Management Team :: Canoo Inc. (GOEV) 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. 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 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. 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. Ford Family Member Named to Board of EV Startup Rivian Copyright 2023 Surperformance. The move higher materialized as hype over electric vehicles continues to push auto stocks higher. But last March it halved that target to 25,000 amid. Rivian declined to comment on Wednesday beyond documents it filed with U.S. regulators, citing the quiet period ahead of its IPO. The industry leader for online information for tax, accounting and finance professionals. 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.. We'll keep you updated, but that's a very fundamental bet.". We don't have anything to announce today," Ford spokesman Ian Thibodeau said on Wednesday. She is an international leader, decorated diplomat, humanitarian and has led negotiations on trade, intellectual property, supply chains, technology, labor and the environment across the world. 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.