Rivian’s CFO is leaving after six years

Rivian’s chief financial officer Claire McDonough is leaving at the end of October after nearly six years, to take the same role at energy equipment maker GE Vernova. Volkswagen, now Rivian’s largest shareholder, has committed up to $5.8B to their joint venture with much of it still tied to technical milestones.

Rivian is losing its chief financial officer. Claire McDonough leaves at the end of October after nearly six years, to take the same job at energy equipment maker GE Vernova.

A deputy steps up in the meantime. Derek Mulvey, vice president of finance, becomes interim chief financial officer while the company looks for a permanent replacement.

What she oversaw is the reason to pay attention. Rivian went public on her watch, brought three vehicles to market, and signed the technology joint venture with Volkswagen Group.

That last one is why this matters in Europe. Volkswagen overtook Amazonin April...

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