English joined Ford Motor Co. in 2017. 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. At the time English was added, Rivian Chief Executive. 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. Michael Martinez. Select a location. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. REUTERS/Mike Blake. The announcement is effective May 1 st, 2020. Rivian Automotive Inc designs, develops and manufactures category-defining electric vehicles and accessories. Your email address will not be published. read more. The company has numerous challenges ahead as it attempts to grow its business. Who is Rivians independent registered public accounting firm? [5] At that time the SLR became the highest volume carbon based car ever produced. Data is a real-time snapshot *Data is delayed at least 15 minutes. 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. Rivianwill launch its products in the US in 2021, with introduction to international markets following. Rivian Automotive. We don't have anything to announce today," Ford spokesman Ian Thibodeau said on Wednesday. icon-branding Events Icon Have some ideas for making The Detroit Bureau.com even better? More information is available atrivian.com. You can view Rivians products by visitingrivian.com. Ford employs approximately 188,000 people worldwide. Skip To Main. Another investor is Cox Enterprises which is also collaborating with Rivian on digital retailing, service and logistics. 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 United States | English Please select individual photos within album for download. The company, renamed Rivian, started with a small crew and an original plan to build a mid-engine hybrid sports car. 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. "Rivian is a strategic investment and we're still exploring ways for potential collaboration with them. It's a strategic investment. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. Editor's note: This story has been updated to clarify that Ford . Rivian priced its initial public offering on November 9, 2021 and began trading on Nasdaq on November 10, 2021. 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. More than just another place to find news, reviews, spy shots, commentary, features, and guides about the auto industry. Ford vice president Doug Power replaced English in June, and left the board in September. English is director of Corporate Strategy for Ford Motor Company, responsible for the company's enterprise strategy and connectivity and digital network strategy. May 1, 2020. RJ Scaringe; Pamela Thomas-Graham; Karen Boone; Sanford Schwartz; Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. 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. Find company research, competitor information, contact details & financial data for Rivian Automotive, Inc. of Irvine, CA. Ford vice president Doug Power replaced English in June, and left the board in September. A slow-rolling startup, Rivian was founded in 2009 and began to develop an electric sports coupe, much like Tesla's Roadster, Scaringe admits. And by offering products and services that inspire people to explore and enjoy our world, we hope to also inspire them to want to protect it. 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. Shares can be purchased through a stockbroker of your choice. Member of the Board of Directors Patagonia Mar 2013 - . ", When Ford said in March that English would join Ford's board, its press release identified her as the No. 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. Description Rivian Automotive Inc. Cl A Rivian Automotive, Inc. engages in the design, development, and manufacture of category-defining electric vehicles and accessories. 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 . As head of the World Food Program, which was . 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. 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. Ford made an initial equity investment of $500 million in Rivian in April 2019, and an additional equity investment in December 2019. Rivian is one of the most hyped IPOs in recent history. 459,846 followers. But last March it halved that target to 25,000 amid. Alexandra Ford English is the newest member of the Rivian board of directors. Get the latest business insights from Dun & Bradstreet. When Rivian Automotive ( RIVN -4.73%) went public in November 2021, it claimed it could produce 50,000 electric vehicles (EVs) in 2022. Rivian has been hogging headlines. 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. 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. Does Rivian pay dividends and have a dividend reinvestment program? 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 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. All rights reserved. Let us know, wed love to hear your voice. Check out the weeks top story and our latest reviewalong with a dive into the past with this week in automotive history. As for who owns itRivian owns Rivian. We'll keep you updated, but that's a very fundamental bet.". Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. "Rivian is a strategic investment and we're still exploring ways for potential collaboration with them. The company's . 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 provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); We promise not to spam you. 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. Rivian is based in Southern California with additional center of gravity offices in Northern California, Michigan, Arizona, Vancouver, the Netherlands and the United Kingdom. Rivian is an electric vehicle manufacturer on a mission to keep the world adventurous forever. 2023 CNBC LLC. 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. All Rights Reserved. REGISTER HERE. Its offerings include R1T, a two-row, five-passenger pickup truck, as well as the R1S, a three-row, seven-passenger sport utility vehicle (SUV). You must contactmedia@ford.comto obtain approval for advertising, marketing or other commercial users. 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. We don't have anything to announce today," Ford spokesman Ian Thibodeau said on Wednesday. Alexandra Ford English. [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. Youll see Stamping, Body, Paint, Propulsion, General Assembly and End of Line, including how our skilled, diverse and dedicated team assembles our R1T, R1S and commercial vans. On . 2 U.S. automaker's representative on Rivian's board. 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. 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 Florida. Ford Motor Company announced earlier this month that Alexandra Ford English the daughter of executive . Rivian Automotive ( RIVN 0.16%) was one of the hottest electric vehicle stocks of 2021. However, just a few days ago, Ford executives scuttled a joint effort between Rivian and Lincoln to produce an EV for the companys luxury division due to the impact of the coronavirus. And he wants Rivian to make battery systems and drivetrains in-house. 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 move higher materialized as hype over electric vehicles continues to push auto stocks higher. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. Heres the original story.). In a February conference call with analysts, Ford CEO Jim Farley said, "We love what R.J. is doing at Rivian. Low Resolution Photos. 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. The industry leader for online information for tax, accounting and finance professionals.
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