Former Patagonia CEO Rose Marcario resigns from Rivian’s board of directors

Rose Marcario, former CEO of Patagonia, has resigned from her position on Rivian’s board of directors, according to stock exchange filings Friday afternoon.

Rivian wrote in the filing that Marcario’s last day would be Jan. 1, and that she was leaving to “focus on other commitments.” Rivian’s board will shrink from eight members to seven following her resignation.

Marcario has served on Rivian’s board of directors since January 2021, a role she took on after 12 years as CEO (and eventual CEO) of Patagonia. Before her appointment, Rivian CEO RJ Scaringe often described his goal of the company becoming “the Patagonia of electric vehicles.”

Rivian said on Friday that Marcario will continue her role as chair of the board of trustees overseeing the Rivian Foundation. She serves on the board alongside Scaringe, Rivian’s chief sustainability officer, Anisa Kamadoli Costa, and conservationist Ed M. Norton.

The Rivian Foundation was created just before the company’s 2021 IPO, and was initially given 1% of the company’s shares in order to make the “natural world” a “stakeholder in [Rivian’s] Success.” The foundation remained quiet for the first few years as Rivian’s stock price fell from its post-IPO highs, and it announced its first $10 million in grants in 2024.

This year, the Rivian Foundation announced another $2.6 million in prizes on its website.

“We would like to thank her for her leadership of the Rivian Board of Directors over the past five years, and we look forward to her continued leadership of the Rivian organization,” a company spokesperson said in a statement.