Technology TechCrunch 93d ago

Rivian gives RJ Scaringe a new pay package worth up to $5B

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Rivian has awarded CEO RJ Scaringe a new pay package worth up to $5 billion, replacing a similar-sized award from 2021 that was canceled due to unmet goals.

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Market impact analysis based on bullish sentiment with 70% confidence.

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Bullish
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70%

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The company canceled a similar-sized award from 2021, when EV optimism was sky-high, due to the "unlikeliness" that the associated goals could be met.

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