Ajay Marathe is recorded as COO at Enovix Corp (ENVX). The newest filing on record that lists Ajay Marathe as COO at Enovix Corp (ENVX) is dated April 24, 2026. Enovix Corp reported in an 8-K filed January 20, 2026 that Ajay Marathe retired as Chief Operating Officer, effective February 17, 2026. Enovix Corp reported in an 8-K filed November 14, 2022 that Ajay Marathe was appointed Chief Operating Officer, effective November 14, 2022. The proxy statement of Enovix Corp reports total compensation of $4,693,967 for Ajay Marathe in fiscal 2025, including a base salary of $473,929. Disclosed compensation is on record for 4 fiscal years. Ajay Marathe has spoken on 10 earnings calls across 1 company, most recently for Enovix Corp on April 30, 2025. Enovix Corp is classified in the Electrical Equipment & Parts industry within the Industrials sector. Other leadership on record at Enovix Corp includes Harrold Rust (CEO), Raj Talluri (CEO), Ryan Benton (CEO and CFO) and 7 others.
“On January 19, 2026, Ajay Marathe, the Chief Operating Officer of the Company informed the Company of his decision to retire, effective February 17, 2026.”
Enovix Corp Form 8-K, filed January 20, 2026
· Read the filing
“On November 10, 2022, Enovix Corporation (the "Company") announced the appointment of Ajay Marathe as Chief Operating Officer of the Company. Mr. Marathe's employment as Chief Operating Officer commenced on November 14, 2022.”
Enovix Corp Form 8-K, filed November 14, 2022
· Read the filing
Ajay Marathe on recent calls
“We are making a lot of good progress on all fronts. HVM line right now is configured for the custom cell as Raj alluded to, the custom cell for the first customer.”
“The current Line 1, Gen2 Line 1, which is installed in our Malaysia fab is running and was bought off in SAT at 1,350 UPH, just as a reminder, which is equivalent to roughly 9.5 million to 10 million batteries a year.”
“So as we communicated with you all, the Agility line completed the SAT during the last quarter. And we brought up the Agility line on the EX-1M technology node at yields a little bit higher than where we left off here, closer to 80%.”
“Yes, to clarify, it's not necessarily appropriate to differentiate between the agility and HVM lines. Both kernels are identical, and as we gain insights from the agility line, we will apply that knowledge to the HVM line, which is slightly behind.”
“We go through several critical quality parameters as well as marathon runs, uptime, and yield. No surprises. We are expecting high yields, and that's what we have been seeing at FAT.”
