RIVN Sep 2024 17.500 put
| Previous Close | 8.10 |
| Open | 7.84 |
| Bid | 7.85 |
| Ask | 8.00 |
| Strike | 17.50 |
| Expire Date | 2024-09-20 |
| Day's Range | 7.84 - 7.84 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 6.4k |
ReutersEV startup Rivian hires Volvo veteran Varela as operations chief
Volvo said earlier this week that Varela would leave the Swedish truck maker after an eight-year stint that saw him rise to the role of deputy CEO and COO in 2022. He will join Rivian in August, replacing Frank Klein who had been operations head since 2022 and is stepping down after helping with the ramp-up of the R1 SUVs and pickups. "Varela will be central to the company's growth and profitability," Rivian said.
Business WireRivian Hires Javier Varela as Chief Operations Officer
IRVINE, Calif., May 03, 2024--Rivian Automotive, Inc. (NASDAQ: RIVN) announced today Javier Varela will join as its Chief Operations Officer as the company focuses on optimizing operational efficiencies, including the production of R2, its midsized SUV. Varela joins Rivian from Volvo Cars, where he served as Chief Operating Officer and Deputy Chief Executive Officer. Varela will start at Rivian in August and will report directly to Rivian Founder and Chief Executive Officer RJ Scaringe.
- Reuters
UPDATE 1-Rivian receives $827 mln incentive package to expand Illinois facility
Rivian Automotive said on Thursday it has received $827 million in incentives from the State of Illinois to expand operations at its Normal facility in the state. The company's shares rose nearly 7% in afternoon trade. Its less expensive R2 model unveiled in March would be produced at its first plant in Normal, Illinois, it had then said.
