For companies around the world, the rotating chief executive structure is uncommon, but analysts say it can promote teamwork and prevent leadership from becoming entrenched, as well as developing a next generation of talent.
Rivian CEO RJ Scaringe assumes more roles at the EV startup, overseeing areas from Software, Autonomy, Design, and Vehicle Systems. The move is aimed at .
Earlier in January, Zhang resigned from the board of directors of Chinese microblogging service Weibo, days after he left the board of ride-hailing giant Didi Chuxing.