Marathe

Enovix Names Ajay Marathe COO

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Thursday, November 10, 2022

FREMONT, Calif., Nov. 10, 2022 (GLOBE NEWSWIRE) -- Enovix Corporation (Enovix) (Nasdaq: ENVX), the leader in the design and manufacture of next generation 3D Silicon Lithium-ion batteries, today announced the appointment of Ajay Marathe as COO reporting to CEO Harold Rust.

Key Points: 
  • FREMONT, Calif., Nov. 10, 2022 (GLOBE NEWSWIRE) -- Enovix Corporation (Enovix) (Nasdaq: ENVX), the leader in the design and manufacture of next generation 3D Silicon Lithium-ion batteries, today announced the appointment of Ajay Marathe as COO reporting to CEO Harold Rust.
  • Enovix CEO, Harold Rust said, "We wanted to find a senior semiconductor executive who thinks millions not thousands and scored with Ajay, a known Silicon Valley industry figure.
  • Enovix Executive Chairman TJ Rodgers said, "When I was Cypresss CEO, I tried to hire Ajay as the VP of our assembly and test operations in the Far East, but AMD won that battle and kept him with serial promotions for 23 years.
  • Enovix is building an advanced silicon-anode lithium-ion battery production facility in the U.S. for volume production.