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Rivian gives CEO pay plan worth as much as $4.6B over next decade, Reuters says

Rivian (RIVN) plans to give CEO RJ Scaringe a pay plan worth as much as $4.6B over the next decade, linked to new profit targets and lower share price milestones than a prior deal, Abhirup Roy, Akash Sriram and Ross Kerber of Reuters reports. The move show Tesla’s (TSLA) plan for Musk could become a model for companies looking to grow quickly.

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