News Summary

Former Patagonia CEO Rose Marcario announced her resignation from Rivian’s board, effective January 1, to focus on other commitments. Marcario has been a board member since January 2021 and will continue as chair of the Rivian Foundation. Her departure comes as Rivian prepares to launch its R2 SUV in 2026 and expand its automated driving features. The Rivian Foundation, formed just before the company’s 2021 IPO, has recently publicized $2.6 million in awards, emphasizing its commitment to making the natural world a stakeholder in Rivian’s success.