Summary by Moomoo AI
Rivian Automotive, Inc. has announced its Annual Meeting of Stockholders to be held virtually on June 18, 2024. The meeting will include the election of Jay Flatley and John Krafcik as Class III Directors, the ratification of KPMG LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2024, and an advisory vote on executive compensation. Stockholders of record as of April 24, 2024, are entitled to vote at the meeting. The company has utilized an internet-based approach for the distribution of proxy materials, allowing stockholders to access documents online and vote their shares electronically. The decision to hold a virtual meeting is aimed at increasing stockholder participation while reducing costs and environmental impact. Rivian has also made arrangements with financial institutions to forward soliciting materials to beneficial owners of the company's stock.