Rivian names Alan Hoffman as Chief Policy Officer

Rhea-AI Summary

Rivian Automotive has appointed Alan Hoffman as Chief Policy Officer to oversee the company's global public policy and regulatory strategy. Hoffman brings over 30 years of experience in public policy and previously held positions at Carvana, Herbalife Nutrition, and PepsiCo. He will play a crucial role in shaping Rivian's future in the growing EV market.

Positive

• Alan Hoffman's appointment as Chief Policy Officer could positively impact Rivian's stock price. With his extensive experience in public policy and government relations, he will be instrumental in navigating regulatory challenges and shaping the company's global strategy. This move demonstrates Rivian's commitment to staying ahead in the EV industry, which could attract investor confidence and drive stock growth.

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• None.

IRVINE, Calif.--(BUSINESS WIRE)-- Rivian Automotive, Inc. (NASDAQ: RIVN) today announced it has named Alan Hoffman as Chief Policy Officer. Hoffman starts at Rivian today and will be responsible for implementing the company’s global public policy and regulatory strategy.

Hoffman brings more than thirty years of experience in public policy and joins Rivian from Carvana, where he served as head of Corporate Affairs. At Carvana, Hoffman oversaw the corporate affairs function including Communications, Public Policy and Government Relations.

Prior to Carvana, Hoffman was Executive Vice President and Chief Communications Officer for Herbalife Nutrition for over 8 years. Before that, he was Senior Vice President for Global Public Policy and Government Relations at PepsiCo. He has deep policy and political experience, having served as the Deputy Chief of Staff to then Vice President Biden and Deputy Assistant to President Obama and Chief of Staff to then Senator Biden, overseeing his policy and political operations. Hoffman has also worked for the University of California system, RAND Corporation, U.S. Department of Justice and U.S. Attorney’s Office. Hoffman serves on several non-profit boards supporting education, homelessness and young people.

Hoffman graduated from Lafayette College and received his Master of Public Administration and Juris Doctor from the University of Southern California.

Alan Hoffman, Chief Policy Officer at Rivian said:
“As the global demand for EVs continues to grow, Rivian is providing consumers with exceptional and exciting vehicles and is transforming the auto industry. Future generations are impacted by the policy decisions being made today and I am excited to join Rivian as it helps chart the course in this burgeoning industry.”

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230731407767/en/

Harry Porter - media@rivian.com

Source: Rivian Automotive, Inc.

FAQ

Who is Alan Hoffman and what is his role at Rivian?

Alan Hoffman is the newly appointed Chief Policy Officer at Rivian. His role involves implementing the company's global public policy and regulatory strategy.

What is the significance of Alan Hoffman's appointment for Rivian?

Alan Hoffman's appointment is significant as it highlights Rivian's focus on navigating regulatory challenges and shaping their global strategy in the EV market.

How could Alan Hoffman's appointment impact Rivian's stock price?

Alan Hoffman's appointment could positively impact Rivian's stock price by attracting investor confidence and demonstrating the company's commitment to staying ahead in the EV industry.