Written by Cláudio Afonso | LinkedIn | X
Rivian Automotive announced on Friday its Chief Accounting Officer Jeffrey Baker has resigned to pursue another career opportunity.
The resignation will take effect later this month, on July 27, as Baker continues in his current role to ensure a smooth transition, according to the electric vehicle manufacturer.
Rivian emphasized that Baker’s departure is not due to any disagreements with the company’s financial situation, “His resignation is not the result of any disagreement with the Company on any matters related to its financial reporting, operations, policies or practices.”
The company’s Board of Directors has appointed the CFO Claire McDonough as the interim Chief Accounting Officer while the company undertakes a search process to find a permanent replacement for the CAO position.
On Tuesday, the German media outlet Handelsblatt reported that Rivian and Volkswagen were in discussions to extend their recently announced software partnership into hardware collaboration and joint production.
However, when contacted by Reuters, the US-based electric vehicle (EV) maker Rivian stated that it has no plans to produce vehicles with Volkswagen Group.
Last week, Volkswagen Group said it was set to invest up to $5 billion in the US-based electric vehicle maker Rivian to leverage its technology and form a joint venture.
Written by Cláudio Afonso | LinkedIn | X
