Rivian CEO RJ Scaringe’s voting control slips following divorce settlement 

Rivian CEO and founder RJ Scaringe has transferred approximately 4 million shares and 6 million options to his ex-wife, Meagan Scaringe, as part of a divorce settlement finalized in July 2025. This transfer, valued at around $130 million based on Rivian’s current stock price, has reduced Scaringe’s voting power from 7.6% earlier in the year to about 4%, marking the lowest level since Rivian’s 2021 IPO. The shares involved included Class B stock, which carries 10 votes per share, but these were converted into Class A stock in the settlement, significantly diminishing the voting influence of his ex-wife. Despite this reduction, Scaringe still controls a substantial mix of shares, options, and Restricted Stock Units (RSUs), which could increase his ownership and voting power as they vest. The ownership landscape of Rivian has evolved since its IPO, with major stakeholders now including Amazon (14.2% ownership,