AI Summary

Rivian CFO Claire McDonough will step down on October 30 after nearly six years in the role. She will become chief financial officer of GE Vernova, the energy arm of General Electric. Her departure comes as Rivian ramps production of the R2 SUV, a vehicle priced between $45,000 and $58,000 that the company views as pivotal to its future. The timing places the leadership change at a critical juncture in the company’s development.

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