leadership
confidence high
sentiment neutral
materiality 0.50
Origin Materials Co-CEO Rich Riley resigns; CFO Matt Plavan appointed COO
Origin Materials, Inc.
- Rich Riley resigns as Co-CEO and director effective Dec 31, 2024; John Bissell remains sole CEO.
- Riley receives severance of $600k (18 months base salary) plus 18 months COBRA premiums.
- Riley serves as advisor through Jan 2, 2026 with continued equity vesting.
- CFO Matt Plavan also appointed COO effective Dec 31, 2024, continuing as CFO.