Business & Finance
Rivian CFO Claire McDonough to resign in October
McDonough will join GE Vernova as CFO, with Derek Mulvey stepping in as interim CFO while the company searches for a permanent successor.
The short version
- Rivian's Chief Financial Officer Claire McDonough is resigning at the end of October 2026 to relocate to the East Coast.
- McDonough has been hired as the new CFO of Massachusetts-based energy equipment manufacturer GE Vernova.
- Derek Mulvey, Rivian's vice president of finance, will serve as interim CFO once McDonough departs.
Key facts
- Rivian announced in a regulatory filing that CFO Claire McDonough is resigning effective at the end of October to relocate to the East Coast and pursue a new opportunity.[TechCrunch]
- According to GE Vernova and McDonough's LinkedIn post, she has been appointed as CFO of the Massachusetts-based energy company.[TechCrunch]
- Rivian stated in its filing that McDonough's resignation is not the result of any disagreement with the company.[TechCrunch]
- Derek Mulvey, Rivian's vice president of finance, will take over as interim CFO while the company conducts a search for a permanent replacement.[TechCrunch]
- McDonough joined Rivian in January 2021, helping oversee its $12 billion IPO, its cost-reduction efforts, and a technology joint venture with Volkswagen Group.[TechCrunch]
Sources
- Rivian’s CFO is leaving the companyTechCrunch