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. 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. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. Org Chart Rivian - The Official Board It also offers FleetOS, a centralized fleet management subscription platform. English, daughter of Ford Executive Chairman Bill Ford, joined Rivian's board in May 2020, replacing Joe Hinrichs after he left Ford. Board of Directors. [5] At that time the SLR became the highest volume carbon based car ever produced. Alexandra Ford English To Join Rivian's Board Of Directors 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. 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. 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. The filing did not include information on the latest $2.5 billion funding round Rivian announced in July that also included Ford. Got a confidential news tip? 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. English holds a bachelors degree from Stanford University and a masters degree from Harvard Business School. 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. Ford Planning Big Production Increases for Key Gas, Hybrid, Electric Models, VWs Scout Brand May Bring Two Plants to North America. Rivian stands by 2023 production target despite media report, Volkswagen's Scout to build $2 bln plant in South Carolina, VinFast delivers first 45 cars in US market, EV maker Polestar's Q4 loss narrows, won't engage in price wars, Alphabet's Waymo cuts more than 100 jobs in second round of layoffs, EV startups from Lucid to Rivian see demand fade, supply chain issues linger, Rivian shares fall as supply chain snarls hamper production forecast, Fisker pacifies investors with higher orders; keeps 2023 production target, Exclusive news, data and analytics for financial market professionals. 2 U.S. automaker's representative on Rivian's board. 1mo. 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. Rivian. Press ReleaseProduction & DeliveryShareholder LetterWebcast. Ford Motor Company is a global company based in Dearborn, Michigan. The company offers five-passenger pickup trucks and seven-passenger sports utility vehicles. Governor Kemp, Rivian CEO RJ Scaringe and State Leaders Celebrate 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. Delayed Nasdaq English is director of Corporate Strategy for Ford Motor Company, responsible for the company's enterprise strategy and connectivity and digital network strategy. May 01, 2020 Rivian and Ford Motor Co. announced that Alexandra Ford English will join Rivian's board of directors effective immediately. May 01, 2020 10:10 AM. United States | English Alexandra Ford English is the newest member of the Rivian board of directors. We want to hear from you. read more. Photo: Ford. You must contact media@ford.com to obtain approval for advertising, marketing or other commercial uses. Ford is also supplying some components, engineering and tooling to Rivian. Ford has invested more than $820 million in Rivian over two fundraising rounds, according to the SEC filing. Through its RCV platform, it designed and engineered Electric Delivery Van (EDV) in collaboration with Amazon. Board of Directors - Society of Automotive Analysts A Division of NBCUniversal. 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. And he wants Rivian to make battery systems and drivetrains in-house. 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. Alexandra Ford English to join Rivian's board of directors The industry leader for online information for tax, accounting and finance professionals. On which exchange is Rivian listed and what is the ticker symbol? 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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. When Rivian Automotive ( RIVN -4.73%) went public in November 2021, it claimed it could produce 50,000 electric vehicles (EVs) in 2022. Michael Martinez. Rivian Announces $350 Million Investment from Cox Automotive Ford made an initial equity investment of $500 million in Rivian in April 2019, and an additional equity investment in December 2019. 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??? ". More than just another place to find news, reviews, spy shots, commentary, features, and guides about the auto industry. Rivian Automotive, Inc. Company Profile | Irvine, CA | Competitors Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. You can unsubscribe at any time. 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. English currently serves as Ford Motor Company's director of Corporate Strategy. We don't have anything to announce today," Ford spokesman Ian Thibodeau said on Wednesday. You can view our Board of Directors by visiting theCorporate Governancesection of our Investor Relations website. Rivian is an electric vehicle manufacturer on a mission to keep the world adventurous forever. 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. 2 U.S. automaker's representative on Rivian's board. 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. 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. Download size exceeds 350 MB. Where can I find more information on Rivians products. The luxury SUV would have used Rivian's skateboard EV chassis with a "top hat" designed by Lincoln. Ford Motor Co no longer has Rivian board representative Amazon.com (AMZN.O) and Cox Automotive, which also have Rivian stakes greater than 5%, still have board representatives. Like what you see? 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. Rivian Automotive, Inc. designs, develops, manufactures, and sells electric vehicles and accessories. ", When Ford said in March that English would join Ford's board, its press release identified her as the No. Rivian priced its initial public offering on November 9, 2021 and began trading on Nasdaq on November 10, 2021. The company's . -, 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. Select a location. You can view Rivians products by visitingrivian.com. . Come along for a virtual tour of our state-of-the-art manufacturing facility in Normal, Illinois. "Rivian is a strategic investment and we're still exploring ways for potential collaboration with them. 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 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 announcement is effective May 1 st, 2020. It was also to be built by Rivian at the Normal plant. English joined Ford Motor Co. in 2017. Rivian Is Pumping the Brakes on Spending and Production Growth. That's Sign up for free newsletters and get more CNBC delivered to your inbox. RIVN: Rivian Automotive Inc - Stock Price, Quote and News - CNBC Investors Leadership . See here for a complete list of exchanges and delays. 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. 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. Move Control L. Move TO VIEW CONTACT DETAILS PLEASE Alexandra and I share a deep passion for mobility and electrification, and her connection to Fords long family role in transportation is something special. EV maker Rivian's IPO was the most successful offering in the U.S. since 2014. Rivian is based in Southern California with additional center of gravity offices in Northern California, Michigan, Arizona, Vancouver, the Netherlands and the United Kingdom. D&B Business Directory HOME / BUSINESS DIRECTORY / MANUFACTURING / . Where Will Rivian Automotive Stock Be in 1 Year? Riviandevelops vehicles, technology and services that inspire people to get out and explore the world. It's not a transactional investment. We don't have anything to announce today," Ford spokesman Ian Thibodeau said on Wednesday. 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. But within a couple years, that plan was shelved. The move higher materialized as hype over electric vehicles continues to push auto stocks higher. 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. Alexandra Ford English to Join Rivian's Board of Directors 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. home > news > Automakers > Ford Family Member Named to Board of EV Startup Rivian. Rivian Automotive, Inc. (RIVN) 10-K Annual Report February 2023 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 English is director of Corporate Strategy for Ford Motor Company, responsible for the companys enterprise strategy and connectivity and digital network strategy. 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.. 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. Is It Too Late to Buy Rivian Automotive Stock? | The Motley Fool Rivian and Ford Motor Company today announced that Alexandra Ford English will join Rivian's board of directors effective immediately. 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. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. At Rivian, were committed to showing that a successful business can also be good for the planet. The data presented on this page does not represent the view of Rivian and its employees or that of Zippia. TheDetroitBureau doesnt stop with the press releases or confuse a few lines of opinion with insightful, in-depth reporting. High Resolution Photos English is director of Corporate Strategy for . As for who owns itRivian owns Rivian. The company was. 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 . A slow-rolling startup, Rivian was founded in 2009 and began to develop an electric sports coupe, much like Tesla's Roadster, Scaringe admits. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. Management Team :: Canoo Inc. (GOEV) And Rivian went public on Nov. 10, 2021. Rivian Automotive, founded by Robert "R.J." Scaringe, is coming up fast in the rearview mirror of high-profile electric carmaker Tesla Inc. ( TSLA ). As it bled cash, it slowed those capital expenditures and ended up investing just $1.4 billion as it realized a . QUESTIONS AND ANSWERS ABOUT THE 2022 ANNUAL MEETING OF STOCKHOLDERS, Proposal 2: Ratification of Appointment of Independent Registered Public Accounting Firm, INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FEES AND OTHER MATTERS, Board Leadership Structure and Role in Risk Oversight, Attendance by Members of the Board of Directors at Meetings, COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS, SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT, CERTAIN RELATIONSHIPS AND RELATED PERSON TRANSACTIONS. We'll keep you updated, but that's a very fundamental bet.". All SEC filings can also be accessed directly from the SEC website atsec.gov. Your email address will not be published. All Rights Reserved. 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.