GE Vernova names Rivian CFO Claire McDonough as next finance chief; Ken Parks to retire

GE Vernova named Rivian CFO Claire McDonough as its next chief financial officer on August 27, 2026. Ken Parks stays as CFO through the third- and fourth-quarter 2026 earnings calls and the 2026 10-K, then becomes a strategic advisor and retires in April 2027. McDonough joins in November 2026 and takes over as CFO on January 1, 2027.

• Claire McDonough joins in November 2026 and becomes CFO on January 1, 2027
• Ken Parks remains CFO through the Q3 and Q4 2026 calls and the 2026 10-K
• Parks moves to strategic advisor in early 2027 and retires in April 2027
• McDonough has been CFO of Rivian since 2021; previously a managing director in investment banking at J.P. Morgan