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-2.34466588512673E-05 -0.00234466588511153 -0.00122508792497075 -0.00117233294255587 -0.00234466588511153 -0.0017584994138336 -0.0017584994138336 -0.0017584994138336
Stock impact report

Redwood Materials loses COO amid layoffs, restructuring [Yahoo! Finance]

Rivian Automotive, Inc. - Class A (RIVN) 
Company Research Source: Yahoo! Finance
Redwood Materials chief operating officer Chris Lister is leaving the battery recycling company to retire, TechCrunch has learned — and he's not the only executive that recently departed. Lister, a former vice president who led operations at Tesla's Nevada Gigafactory, has been with Redwood since late 2023. He started as the company's chief supply chain officer and was quickly promoted to the COO role in 2024. The promotion put him closer in the org chart to Redwood founder and CEO JB Straubel, who was Tesla's longtime chief technology officer and currently sits on the automaker's board. Redwood Materials recently informed employees that Lister was retiring, according to an employee who was granted anonymity to speak about the announcement. The company confirmed Lister's departure to TechCrunch on Thursday. “We wish him the best in his retirement,” a spokesperson said via email. News of Lister's retirement comes just a few days after TechCrunch revealed Redwood Materials recent Show less Read more
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