Rivian's CEO Gets $5B Potential Payout
Update: 2025-11-08
Description
Rivians CEO, RJ Scaringe, receives a potential five billion dollar compensation package, doubling his salary to two million and granting a ten percent stake in Mind Robotics. The new deal replaces an earlier, unattainable award, aiming to motivate Scaringe as Rivian focuses on new technology and vehicle launches. The package hinges on adding thirty-two billion dollars in value, with stock options tied to stock price and operational targets.
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