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Rivian CFO Out as R2 SUVs Launch | Business and Finance News
Description
Rivian’s CFO Claire McDonough is stepping down to join GE Vernova in early 2027, leaving at the end of October as the company ramps up deliveries of its new, affordable R2 SUVs — a critical move for its future. McDonough, who helped guide Rivian through its IPO and major product launches, will be replaced interim by VP of Finance Derek Mulvey as the EV maker navigates a tough market and boosts delivery forecasts tied to the R2’s success. Her exit comes amid a slight stock dip, spotlighting leadership shifts at a pivotal moment for the automaker.
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