Rivian just doubled its CEO's salary and gave him a $4.6B pay package

Rivian CEO RJ Scaringe described picking between Stanford and MIT as being "recruited for a nerd sports team."Amy E. Price/SXSW Conference & Festivals via Getty ImagesRivan gave its CEO a new pay package that contains a stock-option award worth up to about $4.6B.CEO RJ Scaringe also receives a salary increase from $1 million to $2 million.The company said that the previous pay package lacked enough incentive to retain its CEO.Rivian CEO RJ Scaringe is getting a salary bump and a performance-