Rivian CFO Claire McDonough to leave company on October 30 — TechCrunch

Rivian Chief Financial Officer Claire McDonough has resigned and will leave her position on October 30. The company announced the personnel change in a regulatory filing released on Thursday, TechCrunch reports.

Reason for resignation

Rivian said McDonough intends to pursue a new opportunity and move to the U.S. East Coast to be closer to her family. The company also noted that her resignation is not the result of any disagreements.

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Interim chief financial officer

Rivian is already looking for McDonough's successor. After she leaves the position, Vice President of Finance Derek Malvy will serve as interim chief financial officer.

R2 production

The resignation comes as Rivian is carrying out some of the largest projects in its operations. In particular, the company is increasing production and sales of the R2 SUV. Deliveries of this model to customers began this summer.