- Rivian’s CEO received $373.5 million in options and $26.6 million in stock awards in 2025.
- Those benefits come on top of a salary of around $1.12 million, according to filings.
- The Elon Musk-style award compares with “just” $27.5 million for Ford CEO Jim Farley.
Top Detroit automaker CEOs like Ford’s Jim Farley and GM’s Mary Barra earn hundreds of times what their company’s line workers do, but they look like they’re living on the bread line compared with Rivian’s boss.
Rivian founder and CEO RJ Scaringe was paid a shocking $403 million last year, company filings reveal. That compares with $27.5 million for Farley and $29.9 million for Barra over the same period. Rivian delivered 42,247 EVs in the United States last year, while Ford moved 2.2 million vehicles, GM 2.85 million domestically, and Tesla sold roughly 1.65 million globally in 2025.
Related: Mary Barra’s $29.9 Million Payday Came In The Same Year GM Lost $7.9 Billion On EVs
That makes Scaringe one of the most highly paid automaker bosses in the world, and means his pay package is thousands of times the size of the one awarded to the men and women who make Rivian’s cars and trucks. It’s not quite up there with Tesla CEO Elon Musk’s pay package, which could net him $1 trillion over the next decade, but it’s still huge.
Sales Down, CEO Pay Up
What makes Scaringe’s pay award all the more shocking is that it comes at a time when Rivian hasn’t exactly been going from strength to strength. Yes, it managed to post its first-ever gross profit in 2025 by cutting costs, and began production of the smaller R2 SUV, but its stock price is still way down from its 2021 peak, and sales slumped last year.
Of course, Scaringe didn’t scoop the whole $403 million in cash. The award consisted of $373.5 million in stock options, $26.6 million in stock awards, and a more modest $1.12 million taken as a salary.
Pay Could Hit $4.6 Billion
Rivian’s board last November voted to scrap a previous performance-related pay structure for Scaringe, laid out in 2021, that was later deemed unrealistically ambitious. Under the terms of the new deal, his salary is set to increase to $2 million, and he could net $4.6 billion through stock options if he grows the company’s stock price to $140 over the next 10 years.
But given that the stock has mostly hovered below $20 for the past three years, down from $130 when Rivian went public in 2021, Scaringe has his work cut out.
