Rivian CFO Steps Down Amid Critical R2 Ramp

Rivian's Chief Financial Officer, Claire McDonough, is leaving the company after nearly six years to join GE Vernova as CFO. Her departure comes at a critical time for Rivian, as it ramps up production of the R2 SUV, a key model for the company's future. McDonough's last day at Rivian will be October 30. The R2, priced between $45,000 and $58,000, is a crucial product for Rivian's success. The company has high hopes for this model, which is seen as a make-or-break moment in its history. The impact of McDonough's departure on the R2's production and launch remains to be seen.