Wednesday, 24 December, 2025
Rivian CEO Gets $4.6 Billion Pay Tied to Profit, Stock Goals
EV maker Rivian has approved a new, performance-based pay package for CEO R.J. Scaringe potentially worth up to $4.6 billion over ten years. Modeled after Tesla’s plan, the compensation is strictly tied to achieving new, more attainable stock price milestones (up to $140) and specific profitability and cash flow goals. This aims to retain Scaringe for Rivian's next growth phase.
Read full story at Reuters