Tag Archives: Scaringe

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

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

Rivian has given its founder and CEO RJ Scaringe a new performance-based stock award that could ultimately be worth around $5 billion if all the underlying goals are met, according to a new filing. Scaringe’s salary is also being doubled to $2 million per year, and he was given a 10% stake in Rivian’s newest spinout Mind Robotics, the filing …

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