Rivian Automotive has decided to shake up its executive position. As part of the change, the automaker’s head of manufacturing, Charlie Mwangi, will leave.
RJ Scaring, CEO of Automaker, announced the exit and management shake-up in an internal email seen by Bloomberg.
“Charlie Mwangi has decided that it’s time for him to move on from Rivian,” Rivian told Karscopes in a statement. “Charlie joined us at a crucial moment in the spring of 2020, and he was instrumental in bringing our productivity online. We congratulate him and his family for joining the Rivian alumni community.”
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Mwangi previously worked as an engineering executive at Tesla. However, the company has recently struggled with supply shortages that have slowed production. This has led to reports of frustration among Rivian order holders who are waiting for their vehicles to be delivered.
The company went public last year and became the largest IPO of 2021 but due to production issues and an embarrassing pricing foul-up this year its shares have fallen by more than 70 per cent which could eventually be returned to its supply line.
Frank Klein, who joined the company from Magna where he was an executive, will begin his role as chief operations officer on June 1. As a result of this move, senior manufacturing, engineering and supply chain workers in Revian will report to him. The electrical startup said in a statement:
In addition to Charlie’s departure, yesterday we announced a number of organizational changes to align Rivian for continued growth. This includes the reorganization and alignment of our operations team, led by our new Chief Operations Officer, Frank Klein, who will join the Rivian on 1 June. Mr. Klein will oversee the production, manufacturing engineering and supply chain.
As we increase production toward our target of 25,000 vehicles by 2022, we are confident that these changes will strengthen our ability to more efficiently engage new and existing customers, expand our product offerings and deepen our relationship with business partners. We are committed to maximizing the transition to electrified transportation while driving value for our customers and investors.
After all, the internal email states that Revian will split its commercial and retail activities. The move will see the company hire a delivery van for Amazon that makes R1T pickups and R1S SUVs from a business standpoint.
“This is an important time for our growing business, all of which is happening in a very challenging environment,” Scarring wrote in an internal email. “We are in a good position for long-term success, but we need to constantly evaluate how we work.”