Rivian gives RJ Scaringe a new pay package worth up to $5B
Rivian CEO takes top marketing role in shakeup ahead of R2 launch
Rivian’s best-case guess for 2025 sales is a 16% drop from last year
Rivian CEO RJ Scaringe purchased 41,000 shares of the EV manufacturer’s Class A common stocks at an average price of $25.7772. Scaringe’s Rivian stock purchase approximately totaled $1.05 million. He now owns 169,175 shares directly, 4,337,997 Rivian stock through a trust, and 4,596 by LLC, reported Street Insider. Rivian shares are down by 76% year-to-date. Ford …