Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Regulation FD Disclosure
Item 5.02 - Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On August 24, 2026, Claire McDonough, the Chief Financial Officer of Rivian Automotive, Inc.…
Filed Aug 27, 2026Accepted Aug 27, 2026, 4:05 PM EDTCIK 1874178Accession 0001104659-26-102435
Rivian (NASDAQ: RIVN) is an American automotive technology company that develops and builds category-defining electric vehicles as well as vertically integrated technologies and services. Through innovation across its electrical architecture, end-to-end software, autonomous driving platform, artificial intelligence and propulsion, the company creates vehicles that excel at work and play while accelerating the global transition to zero-emission transportation and energy. Rivian vehicles are manufactured in the United States and are sold directly to consumer and commercial customers. Whether taking families on new adventures or electrifying fleets at scale, Rivian vehicles all share a common goal - preserving the natural world for generations to come.
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Item 5.02Item 5.02 - Departure/Election of Directors
Item 5.02 - Departure of Directors or Certain Officers; Election
of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On August 24, 2026, Claire McDonough, the Chief Financial Officer of
Rivian Automotive, Inc. (the “Company”), notified the Company of her decision to resign effective October 30, 2026 (the “Effective
Date”) to pursue a new opportunity and relocate to the East Coast to be closer to her family. Her resignation is not the result
of any disagreement with the Company on any matters related to its financial reporting, operations, policies or practices. Ms. McDonough
will remain in her current role at the Company through the Effective Date to assist with the transition.
The Company has a comprehensive executive search process underway,
evaluating both internal and external candidates, to identify its next Chief Financial Officer. To maintain operational continuity, Derek
Mulvey, the Company’s Vice President of Finance, is expected to be appointed as the Company’s Interim Chief Financial Officer,
effective upon Ms. McDonough's departure. Mr. Mulvey joined the Company in 2021 and has worked closely with CEO R.J. Scaringe and Ms.
McDonough on the Company’s financial planning, strategic partnerships, capital allocation and investor relations.
Item 7.01Item 7.01 - Regulation FD Disclosure
Item 7.01 – Regulation FD Disclosure.
On August 27, 2026, the Company issued a press release announcing
the Chief Financial Officer transition plan, a copy of which is attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated
herein by reference.
The information furnished pursuant to Item 7.01 of this Current Report
on Form 8-K, including Exhibit 99.1 attached hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities
Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall
it be deemed incorporated by reference into any other filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless
of any general incorporation language in such filing, except as expressly set forth by specific reference in such filing.
Filed exhibits (1)
EX-99.1 (by filename) tm2624125d1_ex99-1.htm
EX-99.1
2
tm2624125d1_ex99-1.htm
EXHIBIT 99.1
Exhibit 99.1
Rivian Announces CFO Transition Plan
Claire McDonough to step down on October 30, 2026 after nearly six years of financial and strategic leadership
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Derek Mulvey expected to be appointed Interim Chief Financial Officer as search for permanent successor is underway
IRVINE, Calif. - August 27, 2026 - Rivian Automotive,
Inc. (NASDAQ: RIVN) today announced that Chief Financial Officer Claire McDonough has decided to step down from her role to pursue a new
opportunity and relocate to the East Coast to be closer to her family.
McDonough will remain in her role as CFO over the next two months to
ensure a seamless and thorough transition. During this period, she will work closely with CEO RJ Scaringe and the executive leadership
team to transition key strategic initiatives. Her final day with Rivian will be October 30, 2026.
Rivian has a comprehensive executive search process underway, evaluating
both internal and external candidates, to identify the company’s next Chief Financial Officer. To maintain ope…
