OC Business Journal

Youth Served On Rivian Exec Team

IPO: 39 average age at EV maker; seasoned board

■ By KARI HAMANAKA

Rivian’s R1T pickup truck, which began deliveries a month ago, is the newest electric vehicle to hit the U.S. automotive market this year.

The R1T is certainly not the only thing trending young at the closely watched Irvine EV maker, whose forthcoming initial public offering is expected to vault the company to the top of the list of the most valuable public companies in Orange County.

With an average age of 39, the three-person executive team of Rivian also stands out for its youth.

It’s among the youngest average age seen for an executive team of a larger-sized business preparing to go public since the 2012 IPO of Facebook (Nasdaq: FB).

Mark Zuckerberg (then 27) and his team averaged 38 years of age at the time of its IPO, according to

NEWS

en-us

2021-10-25T07:00:00.0000000Z

2021-10-25T07:00:00.0000000Z

https://ocbusinessjournal.pressreader.com/article/281492164519259

LABJ