Rivian Discloses $403 Million Pay for CEO RJ Scaringe

The proxy casts the award as a high‑risk bet tied to long‑term stock gains.

Overview

Rivian said in a proxy filing that founder and CEO RJ Scaringe received $403 million in 2025 compensation.
The total came mostly from $373.5 million in stock options plus $26.6 million in stock awards, with about $1.12 million in salary.
The options replaced a 2021 performance plan, and the new grant could be worth far more if Rivian’s share price reaches $140 over the next decade.
Rivian delivered 42,247 vehicles in 2025 as its shares remained far below their 2021 IPO peak, even as the company posted its first gross profit.
The package drew comparisons to Elon Musk’s milestone-based awards and dwarfed reported 2025 pay for Detroit auto chiefs Jim Farley and Mary Barra.