How can I obtain Rivians investor relations materials? As head of the World Food Program, which was . Rivian and Ford Motor Company today announced that Alexandra Ford English will join Rivian's board of directors effective immediately. 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 traded on the Nasdaq Global Select Market under the symbol RIVN.. Board Member, Advisor, and Former CEO of Patagonia, Inc. . Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. "Rivian is a strategic investment and we're still exploring ways for potential collaboration with them. Amazon.com (AMZN.O) and Cox Automotive, which also have Rivian stakes greater than 5%, still have board representatives. Download size exceeds 350 MB. Check out the weeks top story and our latest reviewalong with a dive into the past with this week in automotive history. Heres the original story.). Equity - Fair Value Assumptions (Details), Stockholders??? Investors Leadership . LOGIN OR More information is available atrivian.com. 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. Rivians independent registered public accounting firm is KPMG LLP. All quotes delayed a minimum of 15 minutes. 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.. None of the information on this page has been provided or approved by Rivian. The industry leader for online information for tax, accounting and finance professionals. 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 . Ford made an initial equity investment of $500 million in Rivian in April 2019, and an additional equity investment in December 2019. It's a strategic investment. 2 U.S. automaker's representative on Rivian's board. BUTTERFIELD & SON LIMITED, EVP-Engineering, Product Development & Programs, Chief Financial Officer, Senior VP & Controller, T. Rowe Price Associates, Inc. (Investment Management), Capital Research & Management Co. (Global Investors), Rivian plans to produce 62,000 vehicles this year - Bloomberg News. A Ford subsidiary did the prototype bodies-in-white for the Rivian and Amazon pre-production vehicles while Rivian was still tooling up its own body shop in Normal. English holds a bachelors degree from Stanford University and a masters degree from Harvard Business School. Rivian is based in Southern California with additional center of gravity offices in Northern California, Michigan, Arizona, Vancouver, the Netherlands and the United Kingdom. That by exploring more responsibly today, we can preserve the environment for the generations that come after us. Amazon worked closely with Rivian to design the delivery vans being assembled at the Rivian plant in Normal. 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. 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. 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. Ford has invested more than $820 million in Rivian over two fundraising rounds, according to the SEC filing. "Rivian is a strategic investment and we're still exploring ways for potential collaboration with them. May 1, 2020. Amazon.comand Cox Automotive, which also have Rivian stakes greater than 5%, still have board representatives. 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 But within a couple years, that plan was shelved. You can view our recent press releases by visitingour Newsroom. Your email address will not be published. That idea was scrapped and eventually the small company saw a future in electric adventure-oriented trucks and SUVs. 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. We continue to see enormous growth and progress in every . [5] At that time the SLR became the highest volume carbon based car ever produced. . 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. Last year, the company invested $500 million in Rivian, saying it would develop a new vehicle with the EV maker. Press ReleaseProduction & DeliveryShareholder LetterWebcast. read more. Amazon owns about 20 percent of Rivian. Rivian Jan 2021 - Present 2 years 2 months. Shares can be purchased through a stockbroker of your choice. We cant find the page you're looking for. English joined Ford Motor Co. in 2017. Like what you see? ", When Ford said in March that English would join Ford's board, its press release identified her as the No. English is director of Corporate Strategy for Ford Motor Company, responsible for the company's enterprise strategy and connectivity and digital network strategy. 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. You can view our executive officers by visiting the Governance section of our Investor Relations website or visit theOur Company pageto learn about our entire leadership team. It also offers FleetOS, a centralized fleet management subscription platform. Company profile page for Rivian Automotive Inc including stock price, company news, press releases, executives, board members, and contact information Ford vice president Doug Power replaced English in June, and left the board in September. 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. In addition to these investments, Ford plans to develop a new vehicle using Rivians flexible skateboard platform. Global asset firm T. Rowe Price is also a large investor and other financial companies that invested prior to the IPO include Fidelity Management and Research Company, D1 Capital Partners, Third Point, Dragoneer Investment Group, Franklin Templeton, Blackstone, and Coatue. 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. May 01, 2020 Rivian and Ford Motor Co. announced that Alexandra Ford English will join Rivian's board of directors effective immediately. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. All rights reserved. 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. 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. It provides Rivian Commercial Vehicle platform for Electric Delivery Van with collaboration with Amazon.com, Inc. Who are the members of Rivians Board of Directors? 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. English, daughter of Ford Executive Chairman Bill Ford, joined Rivian's board in May 2020, replacing Joe Hinrichs after he left Ford. Data is a real-time snapshot *Data is delayed at least 15 minutes. 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. 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. The company offers five-passenger pickup trucks and seven-passenger sports utility vehicles. Description Rivian Automotive Inc. Cl A Rivian Automotive, Inc. engages in the design, development, and manufacture of category-defining electric vehicles and accessories. The data presented on this page does not represent the view of Rivian and its employees or that of Zippia. 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. 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. 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. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. Rivian is following Tesla's model of direct sales instead of traditional dealerships. The Company is engaged in designing, developing, and manufacturing EVs and accessories. 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 move higher materialized as hype over electric vehicles continues to push auto stocks higher. 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. Ford is also supplying some components, engineering and tooling to Rivian. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. Select a location. Alexandra Ford English. On which exchange is Rivian listed and what is the ticker symbol? RJ Scaringe; Pamela Thomas-Graham; Karen Boone; Sanford Schwartz; As for who owns itRivian owns Rivian. See here for a complete list of exchanges and delays. You must contactmedia@ford.comto obtain approval for advertising, marketing or other commercial users. 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. |, Alexandra Ford English to Join Rivians Board of Directors. 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. REUTERS/Mike Blake. Rivian is an electric vehicle manufacturer on a mission to keep the world adventurous forever. Anthony is the CEO of SoFi and serves on its board of directors. 459,846 followers. Our Standards: The Thomson Reuters Trust Principles. Rivianwill launch its products in the US in 2021, with introduction to international markets following. Low Resolution Photos. You can view our Board of Directors by visiting theCorporate Governancesection of our Investor Relations website. 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. 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English is director of Corporate Strategy for Ford Motor Company, responsible for the company's enterprise strategy and connectivity and digital network strategy. Alexandra Ford English is the newest member of the Rivian board of directors. Rivian had originally planned to spend $2.6 billion for growth investments in 2022. English joined Ford Motor Company in 2017. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. In . 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. More than just another place to find news, reviews, spy shots, commentary, features, and guides about the auto industry. ATLANTA - March 1, 2023 - Today, Governor Brian P. Kemp and First Lady Marty Kemp, along with Rivian founder and CEO RJ Scaringe, joined Lt. The luxury SUV would have used Rivian's skateboard EV chassis with a "top hat" designed by Lincoln. 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. . You can unsubscribe at any time. Does Rivian pay dividends and have a dividend reinvestment program? Board of Directors Audit Committee Nominating & Governance Compensation Planet & Policy. 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.". TO VIEW CONTACT DETAILS PLEASE Copyright 2023 Surperformance. English, daughter of Ford Executive Chairman Bill Ford, joined Rivian's board in May 2020, replacing Joe Hinrichs after he left Ford. Rivian. Move Control L. Move Michael Martinez. See here for a complete list of exchanges and delays. You can obtain Rivians investor relations material in the Investors section of our website. For more information regarding Ford, its products and Ford Motor Credit Company, please visit www.corporate.ford.com. Find company research, competitor information, contact details & financial data for Rivian Automotive, Inc. of Irvine, CA. Editor's note: This story has been updated to clarify that Ford . Sorry, your email address is not recognized. Let us know, wed love to hear your voice. Chairman of the Board and Chief Executive Officer. Rivian may also be known as or be related to Rivian, Rivian Automotive, Rivian Automotive, Inc. and Rivian Automotive, LLC. Rivian Automotive, Inc. is a manufacturer of electric vehicles (EV). 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. Have some ideas for making The Detroit Bureau.com even better? Alexandra Ford English, a rising executive at Ford Motor Co. and great-great granddaughter of founder Henry Ford, has joined the board of directors at electric-truck maker Rivian Automotive Inc . Sponsored. Rivian had originally planned to spend $2.6 billion for growth investments in 2022. Ford soared as much as 12% on Thursday, extending its three-day surge to more than 23%. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Achieving this requires real innovation, collaboration and stewardship. The filing did not include information on the latest $2.5 billion funding round Rivian announced in July that also included Ford. D&B Business Directory HOME / BUSINESS DIRECTORY / MANUFACTURING / . 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. English is director of Corporate Strategy for Ford Motor Company, responsible for the companys enterprise strategy and connectivity and digital network strategy. 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 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. Riviandevelops vehicles, technology and services that inspire people to get out and explore the world. 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. Rivian has been hogging headlines. Where can I find recent Rivians press releases? Ford also had a representative on the Rivian board of directors but that ended prior to the company going public. 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. Who is Rivians independent registered public accounting firm? document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); We promise not to spam you. Download size exceeds 350 MB. Ford vice president Doug Power replaced English in June, and left the board in September. Where can I find more information on Rivians products. 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 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. Rivianis accepting preorders on its R1T and R1S. A slow-rolling startup, Rivian was founded in 2009 and began to develop an electric sports coupe, much like Tesla's Roadster, Scaringe admits. When Ford said in March that English would join Ford's board, its press release identified her as the No. You must contact media@ford.com to obtain approval for advertising, marketing or other commercial uses. Ford Motor Company announced earlier this month that Alexandra Ford English the daughter of executive . Source: Refinitiv, an LSEG business - data delayed by at least 15 minutes. Rivian and Ford Motor Company have announced that Alexandra Ford English will join Rivian's board of directors. English, daughter of Ford Executive Chairman Bill Ford, joined Rivian's board in May 2020, replacing Joe Hinrichs after he left Ford. Member of the Board of Directors Patagonia Mar 2013 - . Rivian Automotive, Inc. is a manufacturer of electric vehicles (EV). Please select less number of photos for download. (Lincoln, Rivian scrub Lincoln EV project due to coronavirus.). Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. 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. Schuster is also a member of the LMC Automotive board of directors. On . At Rivian, were committed to showing that a successful business can also be good for the planet. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. 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 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 Automotive ( RIVN 0.16%) was one of the hottest electric vehicle stocks of 2021. See here for a complete list of exchanges and delays. Your email address will not be published. Board Member Meati Foods . [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. It's not a transactional investment. We want to hear from you. 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. Chairman of the Board of Directors . home > news > Automakers > Ford Family Member Named to Board of EV Startup Rivian. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. In the commercial market, it offers Rivian Commercial Vehicle (RCV) platform. Ford employs approximately 188,000 people worldwide. At the time English was added, Rivian Chief Executive. 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. As it bled cash, it slowed those capital expenditures and ended up investing just $1.4 billion as it realized a . We'll keep you updated, but that's a very fundamental bet.". Required fields are marked *. When Rivian Automotive ( RIVN -4.73%) went public in November 2021, it claimed it could produce 50,000 electric vehicles (EVs) in 2022. The Company is engaged in designing, developing, and manufacturing EVs and accessories. 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.