Written by Cláudio Afonso | [email protected] | LinkedIn | X
Volvo Cars announced on Thursday that its Chief Operating Officer (COO) and Deputy CEO, Javier Varela was leaving the company with immediate effect. Today, Rivian announced that Varela is joining as COO starting from August.
Varela succeeds Frank Klein as to oversee operations including procurement, manufacturing, logistics and quality as Rivian continues to optimise “operational efficiencies, including the production of R2”.
Varela was an integral part of Volvo’s Executive Management Team since 2016 and served as COO and deputy CEO since 2022.
Rivian received yesterday a $827M incentive package from the State of Illinois allowing the expansion of its plant in Normal.
Rivian stated that the funds “will go towards expansion of the plant, improvements in public infrastructure and job training programs for Rivian’s workforce, leading up to the company’s production of its midsized SUV, R2”.
Written by Cláudio Afonso | [email protected] | LinkedIn | X
