Rivian Hires Georgia Plant Manager; Continues Progress on Georgia Operations

Rhea-AI Summary

Rivian Automotive, Inc. has hired Arnhelm Mittelbach as its first Georgia Plant Manager for its second manufacturing facility. Mittelbach brings over 20 years of automotive leadership experience, including roles at Mercedes-Benz. He will report directly to Rivian's Chief Operations Officer and will be responsible for advancing the team in Georgia.

IRVINE, Calif.--(BUSINESS WIRE)-- Rivian Automotive, Inc. (NASDAQ: RIVN) announced today that Arnhelm Mittelbach has joined Rivian as its first Georgia Plant Manager. This is a significant addition as Rivian continues to progress on its second manufacturing facility that will be focused on the next generation of Rivian vehicles. Mittelbach started his role on November 1, reporting directly to Chief Operations Officer Frank Klein.

Mittelbach is an experienced automotive leader with more than 20 years tenure at Mercedes-Benz, including Plant Manager in East London, South Africa, President and CEO of Mercedes-Benz Vans in Charleston, South Carolina, and a variety of manufacturing leadership roles across Germany.

“We are thrilled to welcome Arnhelm to the Rivian Operations team,” said Rivian’s Chief Operations Officer Frank Klein. “He brings tremendous experience in ramping up new factories and launching new products. Beyond his significant manufacturing prowess, Arnhelm also has a background in other areas, such as HR, making him a well-rounded leader to advance our team in Georgia.”

About Rivian:

Rivian (NASDAQ: RIVN) exists to create products and services that help our planet transition to carbon neutral energy and transportation. Rivian designs, develops, and manufactures category-defining electric vehicles and accessories and sells them directly to customers in the consumer and commercial markets. Rivian complements its vehicles with a full suite of proprietary, value-added services that address the entire lifecycle of the vehicle and deepen its customer relationships. Learn more about the company, products, and careers at www.rivian.com.

Forward-Looking Statements:

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including without limitation statements regarding our plans for our future manufacturing facilities. In some cases, you can identify forward-looking statements by terms such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “targets,” “projects,” “contemplates,” “believes,” “estimates,” “forecasts,” “predicts,” “potential” or “continue” or the negative of these terms or other similar expressions, although not all forward-looking statements use these words or expressions.

We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our business, financial condition, and results of operations. Forward-looking statements involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements, including, but not limited to, the important factors discussed in Part II, Item 1A, “Risk Factors” in our Quarterly Report on Form 10-Q for the quarter ended June 30, 2023, and our other filings with the Securities and Exchange Commission. The forward-looking statements in this press release are based upon information available to us as of the date of this press release, and while we believe such information forms a reasonable basis for such statements, such information may be limited or incomplete, and our statements should not be read to indicate that we have conducted an exhaustive inquiry into, or review of, all potentially available relevant information. These statements are inherently uncertain, and investors are cautioned not to unduly rely upon these statements. While we may elect to update such forward-looking statements at some point in the future, we disclaim any obligation to do so, even if subsequent events cause our views to change.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231102759585/en/

Harry Porter - media@rivian.com

Source: Rivian Automotive, Inc.

FAQ

Who has joined Rivian as its first Georgia Plant Manager?

Arnhelm Mittelbach.

What is Rivian's second manufacturing facility focused on?

The next generation of Rivian vehicles.

Who will Arnhelm Mittelbach report to?

Chief Operations Officer Frank Klein.

What is Arnhelm Mittelbach's background?

He has over 20 years of experience at Mercedes-Benz, including roles such as Plant Manager in East London, South Africa, President and CEO of Mercedes-Benz Vans in Charleston, South Carolina.

What are Arnhelm Mittelbach's responsibilities in his new role?

Advancing the team in Georgia and ramping up new factories and launching new products.