Good morning. GE Vernova is hiring a CFO who helped take Rivian public in the biggest U.S. IPO of 2021, putting Claire McDonough at the center of the EV maker’s shift from a closely held startup to a company answering to public-market investors. Her move brings that experience to the energy tech company and puts new attention on the finance team she leaves behind at Rivian.
McDonough will join GE Vernova in November and become CFO on Jan. 1, succeeding Kenneth Parks, who is retiring. Derek Mulvey, Rivian’s VP of finance, is expected to serve as interim CFO after McDonough leaves.
