Rivian Automotive Management
Management criteria checks 1/4
Rivian Automotive's CEO is R.J. Scaringe, appointed in Jun 2009, has a tenure of 15.5 years. total yearly compensation is $14.35M, comprised of 5.3% salary and 94.7% bonuses, including company stock and options. directly owns 1.05% of the company’s shares, worth $150.77M. The average tenure of the management team and the board of directors is 1.5 years and 4.3 years respectively.
Key information
R.J. Scaringe
Chief executive officer
US$14.4m
Total compensation
| CEO salary percentage | 5.3% |
| CEO tenure | 15.5yrs |
| CEO ownership | 1.1% |
| Management average tenure | 1.5yrs |
| Board average tenure | 4.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$6b |
| Jun 30 2024 | n/a | n/a | -US$6b |
| Mar 31 2024 | n/a | n/a | -US$6b |
| Dec 31 2023 | US$14m | US$759k | -US$5b |
| Sep 30 2023 | n/a | n/a | -US$6b |
| Jun 30 2023 | n/a | n/a | -US$6b |
| Mar 31 2023 | n/a | n/a | -US$7b |
| Dec 31 2022 | US$1m | US$650k | -US$7b |
| Sep 30 2022 | n/a | n/a | -US$7b |
| Jun 30 2022 | n/a | n/a | -US$7b |
| Mar 31 2022 | n/a | n/a | -US$6b |
| Dec 31 2021 | US$422m | US$650k | -US$5b |
| Sep 30 2021 | n/a | n/a | -US$3b |
| Jun 30 2021 | n/a | n/a | -US$2b |
| Mar 31 2021 | n/a | n/a | -US$1b |
| Dec 31 2020 | US$1m | US$650k | -US$1b |
Compensation vs Market: R.J.'s total compensation ($USD14.35M) is above average for companies of similar size in the UK market ($USD5.75M).
Compensation vs Earnings: R.J.'s compensation has increased whilst the company is unprofitable.
CEO
R.J. Scaringe (40 yo)
15.5yrs
Tenure
US$14,354,080
Compensation
Dr. Robert Joseph Scaringe, also known as R.J., Ph D, is a Founder of Rivian Automotive, Inc. in June 2009 and has been its Chief Executive Officer and Director since June 2009. Dr. Scaringe is Chairman of...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 15.5yrs | US$14.35m | 1.05% $ 150.8m | |
| CFO & Chief Accounting Officer | 3.9yrs | US$5.05m | 0.0024% $ 348.7k | |
| Executive Officer | 1.3yrs | US$11.73m | 0.0017% $ 245.4k | |
| Chief Operations Officer | less than a year | no data | no data | |
| Vice President of Investor Relations | no data | no data | no data | |
| Chief Legal Officer & Secretary | 1.8yrs | no data | no data | |
| Chief Design Officer | no data | no data | no data | |
| Executive Vice President of Facilities | less than a year | no data | no data | |
| Chief Sustainability Officer | 2.7yrs | no data | no data | |
| Chief Software Officer | no data | no data | no data | |
| Chief Communications Officer | 1.5yrs | no data | no data | |
| Chief Policy Officer | 1.4yrs | no data | no data |
1.5yrs
Average Tenure
55yo
Average Age
Experienced Management: 0ACR's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 15.5yrs | US$14.35m | 1.05% $ 150.8m | |
| Non-Employee Independent Director | 5.8yrs | US$325.79k | 0.0072% $ 1.0m | |
| Non-Employee Independent Director | 3.6yrs | US$336.20k | 0.010% $ 1.4m | |
| Independent Director | 1.3yrs | US$417.24k | 0.00082% $ 117.7k | |
| Non-Employee Independent Director | 5.3yrs | US$358.58k | 0.017% $ 2.4m | |
| Lead Independent Director | 4.3yrs | US$397.33k | 0.016% $ 2.3m | |
| Non-Employee Independent Director | 3.9yrs | US$353.12k | 0.011% $ 1.5m |
4.3yrs
Average Tenure
58yo
Average Age
Experienced Board: 0ACR's board of directors are considered experienced (4.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 05:14 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Rivian Automotive, Inc. is covered by 35 analysts. 25 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| George Gianarikas | Baird |
| Benjamin Kallo | Baird |
| Dan Levy | Barclays |