Remake of the world's costliest divorce: Rivian CEO’s divorce hits voting power
Remake of the world's costliest divorce: Rivian CEO’s divorce hits voting power
Rivian CEO RJ Scaringe's divorce settlement mirrors Jeff Bezos' situation, impacting his control over the electric vehicle company. Scaringe transferred shares and options worth approximately $130 million to his ex-wife, Meagan, reducing his voting power from 7.6% to around 4%, the lowest since Rivian's IPO.
Rivian CEO RJ Scaringe's divorce settlement mirrors Jeff Bezos' situation, impacting his control over the electric vehicle company. Scaringe transferred shares and options worth approximately $130 million to his ex-wife, Meagan, reducing his voting power from 7.6% to around 4%, the lowest since Rivian's IPO.