Rivian CFO Claire McDonough is stepping down effective October 30, leaving after nearly six years to become chief financial officer of energy giant GE Vernova.

The departure lands at the most important moment in Rivian’s history — the ramp of the R2…

Rivian has commenced an underwritten public offering of 75 million shares of common stock, a raise worth roughly $1.5 billion based on the stock’s recent price.
The capital raise lands just days after Rivian’s stock rallied on stronger-than-expected Q2…