Rivian’s CFO is leaving the company
Rivian CFO Claire McDonough is set to resign at the end of October to pursue new opportunities and relocate. The company has initiated a search for her replacement while appointing Derek Mulvey as interim CFO.
Why it matters
Executive turnover at a major electric vehicle manufacturer can signal internal shifts or impact investor confidence during critical production scaling phases.
Rivian’s chief financial officer Claire McDonough is resigning her position at the end of October, the company announced in a regulatory filing Thursday.
The company said McDonough is stepping down to “pursue a new opportunity and relocate to the East Coast to be closer to her family.” Rivian said her resignation is “not the result of any disagreement.” The company is already searching for a replacement, and vice president of finance Derek Mulvey will serve as interim CFO once McDonough leaves her post.
Her departure comes as Rivian takes on some of its biggest projects to date, including scaling up production and sales of its R2 SUV, which started shipping to customers this summer.
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