Rivian's CFO is leaving the company

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. This story is developing… Topics EVs , Rivian , Transportation When you purchase through links in our articles, we may earn a small commission . This doesn’t affect our editorial independence. Sean O'Kane Sr. Reporter, Transportation Sean O’Kane is a reporter who has spent a decade covering the rapidly-evolving business and technology of the transportation industry, including Tesla and the many startups chasing Elon Musk. Most recently, he was a reporter at Bloomberg News where he helped break stories about some of the most notorious EV SPAC flops. He previously worked at The Verge, where he also covered consumer technology, hosted many short- and long-form videos, performed product and editorial photography, and once nearly passed out in a Red Bull Air Race plane. You can contact or verify outreach from Sean by emailing [email protected] or via encrypted message at okane.01 on Signal. View Bio October 13 – 15 San Francisco Don’t miss out . The startup community will gather to answer a pivotal question: How do you build sustainably in the AI era? REGISTER NOW Most Popular Fitbit founders launch Luffu Link, an LTE health and safety band Aisha Malik Two years after launch, Walmart’s Flipkart is closing in on India’s quick-commerce leaders Jagmeet Singh Inherent, founded by DeepMind alumni, says its AI ‘teammate’ just outperformed Anthropic and OpenAI at replicating research Anna Heim Michael Polansky is training an AI model on skin that’s still alive Connie Loizos How AI accounting startup Rillet raised $100M and became a unicorn in 48 hours Dominic-Madori Davis Tesla’s solar roof is dead — here’s what went wrong Tim De Chant Oura faces lawsuit accusing it of misleading consumers about sleep-tracking accuracy Aisha Malik