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. RIVN. Could we see a return of the F100, maybe the eF100, F100e. 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. The company has numerous challenges ahead as it attempts to grow its business. Equity - Fair Value Assumptions (Details), Stockholders??? Rivians independent registered public accounting firm is KPMG LLP. 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. Description Rivian Automotive Inc. Cl A Rivian Automotive, Inc. engages in the design, development, and manufacture of category-defining electric vehicles and accessories. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); We promise not to spam you. Amazon.comand Cox Automotive, which also have Rivian stakes greater than 5%, still have board representatives. 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. RIVIAN AUTOMOTIVE, INC. : Shareholders Board Members Managers and Please select individual photos within album for download. Rivianwill launch its products in the US in 2021, with introduction to international markets following. 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 Standards: The Thomson Reuters Trust Principles. 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. 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. 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??? We want to hear from you. We don't have anything to announce today," Ford spokesman Ian Thibodeau said on Wednesday. Ford executive exits Rivian board as EV maker prepares to go public - CNBC Press ReleaseProduction & DeliveryShareholder LetterWebcast. As it bled cash, it slowed those capital expenditures and ended up investing just $1.4 billion as it realized a . Alexandra Ford English, daughter of Bill Ford, to join Rivian board Smart Decisions Aid Strong Sales Start by Kia in 2023, How to be a Good Citizen at the Charging Station, Ford Sells Big in February with 21.9 Percent Jump, Auto Shows: Reports of Their Death Has Been Greatly Exaggerated, Tesla Teases but Fails to Show Cheap EV and Stock Falls, First Drive: 2023 Land Rover Defender 130, A Week With: 2023 Nissan Altima SR 2.0 VC-Turbo, A Week With: 2023 Mazda CX-5 Carbon Edition AWD, A Week With: 2023 Chevrolet Silverado ZR2, A Week With: 2023 Genesis G80 AWD Sport Prestige, Extended Warranty For Cars Over 100k Miles, Reputable Extended Car Warranty Companies, How Far Back Does A Car Insurance Company Look, Mechanical Breakdown Insurance For Used Cars, State Farm Mechanical Breakdown Insurance, Mechanical Breakdown Insurance From Progressive, Car Insurance Rates After A Suspended License, Average Cost of Dodge Ram 1500 Car Insurance. English, daughter of Ford Executive Chairman Bill Ford, joined Rivian's board in May 2020, replacing Joe Hinrichs after he left Ford. Who Owns Rivian? Major Stakeholders and Pre-IPO Investors - MotorTrend Download size exceeds 350 MB. Select a location. 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. home > news > Automakers > Ford Family Member Named to Board of EV Startup Rivian. On . Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. 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. We continue to see enormous growth and progress in every . Ford made an initial equity investment of $500 million in Rivian in April 2019, and an additional equity investment in December 2019. And he wants Rivian to make battery systems and drivetrains in-house. Currently he is Director of Product Planning for Rivian, an electric vehicle start-up based in . ", When Ford said in March that English would join Ford's board, its press release identified her as the No. The move higher materialized as hype over electric vehicles continues to push auto stocks higher. Ford Family Scion Joins Board of Electric-Truck Maker Rivian More than just another place to find news, reviews, spy shots, commentary, features, and guides about the auto industry. 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. Chief Executive Officer. Come along for a virtual tour of our state-of-the-art manufacturing facility in Normal, Illinois. 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 Rivian Is Pumping the Brakes on Spending and Production Growth. That's Rivian Automotive. Got a confidential news tip? All quotes delayed a minimum of 15 minutes. Largely unknown outside of automotive circles . See here for a complete list of exchanges and delays. 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. 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. Ford Motor Company announced earlier this month that Alexandra Ford English the daughter of executive . She is currently the director of corporate strategy at Ford and Executive Chairman Bill Ford Jr.s daughter. Copyright 2023 Surperformance. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. Ford's vested interest included initial plans to have Rivian make an electric SUV for the Lincoln brand. Where can I find more information on Rivians products. 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. Get this delivered to your inbox, and more info about our products and services. Rivian Announces $350 Million Investment from Cox Automotive "Rivian is a strategic investment and we're still exploring ways for potential collaboration with them. It provides Rivian Commercial Vehicle platform for Electric Delivery Van with collaboration with Amazon.com, Inc. Rivian Is Pumping the Brakes on Spending and Production Growth. That's Alexandra and I share a deep passion for mobility and electrification, and her connection to Fords long family role in transportation is something special. Rivian Jan 2021 - Present 2 years 2 months. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. The Company is engaged in designing, developing, and manufacturing EVs and accessories. For more information regarding Ford, its products and Ford Motor Credit Company, please visit www.corporate.ford.com. Rivian VP of Manufacturing Tim Fallon recently shared this look back at 2022, and a view ahead at 2023. The filing did not include information on the latest $2.5 billion funding round Rivian announced in July that also included Ford. 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. A slow-rolling startup, Rivian was founded in 2009 and began to develop an electric sports coupe, much like Tesla's Roadster, Scaringe admits. 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. 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.. Your email address will not be published. Ford Planning Big Production Increases for Key Gas, Hybrid, Electric Models, VWs Scout Brand May Bring Two Plants to North America. 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. Rivian has 48 current employee profiles, including Chief Executive Officer Robert J. Scaringe. The EV maker went public at $78 per share last November, and its stock started trading at $106.75 before. 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. Get the latest business insights from Dun & Bradstreet. Company profile page for Rivian Automotive Inc including stock price, company news, press releases, executives, board members, and contact information . 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. What is Rivian? - Investopedia Rivian is also building a charging network that includes off-road locations to plug in. Check out the weeks top story and our latest reviewalong with a dive into the past with this week in automotive history. Board of Directors - Society of Automotive Analysts The data presented on this page does not represent the view of Rivian and its employees or that of Zippia. The industry leader for online information for tax, accounting and finance professionals. Michael Martinez. Rivianis accepting preorders on its R1T and R1S. 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. Rivian - Contacts, Employees, Board Members, Advisors & Alumni - Crunchbase In . Alexandra Ford English Joins Rivian Board of Directors It sells vehicles directly to customers in the consumer and commercial markets. 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 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. Please select less number of photos for download. 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 Management Team :: Canoo Inc. (GOEV) Where Will Rivian Automotive Stock Be in 1 Year? Rivian Automotive Inc designs, develops and manufactures category-defining electric vehicles and accessories. As head of the World Food Program, which was . 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 is director of Corporate Strategy for . Anthony is the CEO of SoFi and serves on its board of directors. Rivian may also be known as or be related to Rivian, Rivian Automotive, Rivian Automotive, Inc. and Rivian Automotive, LLC. Sign up for our newsletter and receive the latest automotive news in your inbox! 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. Description of Capital Stock | Rivian Automotive, Inc. | Business Low Resolution Photos. 1mo. Amazon owns about 20 percent of Rivian. Alexandra Ford English To Join Rivian's Board Of Directors LOGIN OR Rivian Automotive, Inc. is a manufacturer of electric vehicles (EV). RIVN | Rivian Automotive Inc. Cl A Company Profile & Executives - WSJ May 1, 2020. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. Ford no longer has Rivian board representative - Automotive News RIVIAN AUTOMOTIVE, INC. / DE : Change in Directors or Principal Rivian Automotive, Inc. (RIVN) 10-K Annual Report February 2023 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. English holds a bachelors degree from Stanford University and a masters degree from Harvard Business School. Riviandevelops vehicles, technology and services that inspire people to get out and explore the world. You can unsubscribe at any time. The Company is engaged in designing, developing, and manufacturing EVs and accessories. 2 U.S. automaker's representative on Rivian's board. The company's . 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 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. It's not a transactional investment. 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. Antony Sheriff - Wikipedia Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. 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. Member of the Board of Directors Patagonia Mar 2013 - . Rivian Automotive ( RIVN 0.16%) was one of the hottest electric vehicle stocks of 2021. Ford soared as much as 12% on Thursday, extending its three-day surge to more than 23%. Editor's note: This story has been updated to clarify that Ford . 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. Our Leadership Team | SoFi 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.