ENVX · Enovix Corp · Executive Compensation

$2.25 -0.10 (-4.26%) At close · Oct 20

Russell 2000 member Rebalance outlook locked

Market Cap

$493.76M

219.45M

Volume · Oct 20 8.69M Avg daily vol (3M) 7.7M

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Dr. Raj Talluri	President and Chief Executive Officer	$617,505	—	$6,999,998	—	$375,422	$3,564	$7,996,489
Ryan A. Benton	CFO	$301,042	—	$4,500,000	—	$96,740	$1,518	$4,899,299
Ryan Benton	Chief Financial Officer	$301,042	—	$4,500,000	—	$96,740	$1,518	$4,899,299
Ajay Marathe	Former Chief Operating Officer	$473,929	—	$3,999,983	—	$216,078	$3,977	$4,693,967

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Dr. Raj Talluri	President and Chief Executive Officer	$595,000	—	$10,420,816	—	$422,518	$13,914	$11,452,248
Farhan Ahmad	Former Chief Financial Officer	$372,137	—	$3,999,985	—	$93,588	$21,702	$4,487,412
Ajay Marathe	Chief Operating Officer	$463,500	—	$3,499,978	—	$266,890	$10,392	$4,240,760
Arthi Chakravarthy	Chief Legal Officer	$357,269	—	$2,439,986	—	$184,974	$7,963	$2,990,192

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Dr. Raj Talluri	President and Chief Executive Officer	$519,846	—	$16,140,000	—	$328,719	$13,992	$17,002,557
Harrold Rust	Former President and Chief Executive Officer	$107,377	—	$733,777	$9,966,500	—	$1,258,266	$12,065,920
Steffen Pietzke	Former Chief Financial Officer	$254,375	—	$4,765,790	$1,000,244	$43,689	$403,567	$6,467,665
Ashok Lahiri	Former Chief Technical Officer	$81,250	—	$669,178	$2,950,513	—	$633,434	$4,334,375
Farhan Ahmad	Former Chief Financial Officer	$182,692	—	$3,999,996	—	$60,544	$5,886	$4,249,118
Arthi Chakravarthy	Chief Legal Officer	$242,308	—	$2,749,999	—	$84,291	$7,830	$3,084,428
Ralph Schmitt	Former Chief Commercial Officer	$245,867	—	$2,499,978	—	$65,642	$9,569	$2,821,056
Ajay Marathe	Chief Operating Officer	$450,000	—	—	—	$121,259	$13,949	$585,208

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Ajay Marathe	Chief Operating Officer	$60,577	—	$11,628,680	—	$38,880	$1,650	$11,729,787
Steffen Pietzke	Former Chief Financial Officer	$388,462	—	$7,147,441	$38,087	$63,778	$12,408	$7,650,175
Edward Hejlek	Senior Vice President, Intellectual Property	$325,000	—	$2,109,939	$35,366	$53,119	$13,527	$2,536,951
Harrold Rust	Former President and Chief Executive Officer	$480,000	—	$1,664,933	$95,217	$188,917	$18,011	$2,447,077
Ashok Lahiri	Former Chief Technical Officer	$325,000	—	$1,109,942	$76,003	$81,547	$12,665	$1,605,157

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Harrold Rust	Former President and Chief Executive Officer	$338,536	$180,000	—	$5,560,515	—	$14,605	$6,093,656
Steffen Pietzke	Former Chief Financial Officer	$224,423	$78,750	—	$2,871,175	—	$8,308	$3,182,656
Ashok Lahiri	Former Chief Technical Officer	$308,369	$73,125	—	$586,564	—	$11,563	$979,621

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Harrold Rust	Former President and Chief Executive Officer	$292,868	—	—	$1,670,636	—	$9,756	$1,973,260
Ashok Lahiri	Former Chief Technology Officer	$291,896	—	—	$1,670,636	—	$9,611	$1,972,143
Steffen Pietzke	Chief Financial Officer	—	—	—	—	—	—	—

Executive changes

Person	Role	Change	Effective	Filed
Ryan Benton	Interim Chief Executive Officer	Appointed	2026-08-14	2026-08-17
Raj Talluri	member of the Company's Board of Directors	Resigned	2026-08-13	2026-08-17
Thurman J. ("T.J.") Rodgers	Executive Chairman of the Board	Appointed	2026-08-14	2026-08-17
Raj Talluri	President, Chief Executive Officer	Resigned	2026-08-13	2026-08-17
Dr. Michael Vyvoda	Chief Operating Officer	Appointed	2026-07-29	2026-07-09
Ajay Marathe	Chief Operating Officer	Retired	2026-02-17	2026-01-20
John Daniel (Dan) McCranie	Director	Appointed	2025-08-12	2025-08-14
Ryan Benton	Chief Financial Officer	Appointed	2025-04-14	2025-04-17
Kristina Truong	Senior Vice President and Chief Accounting Officer	Appointed	2024-12-30	2025-01-06
Joseph Malchow	member of the Audit Committee	Appointed	2023-10-01	2023-09-28
Bernard Gutmann	Audit Committee Chairman	Appointed	2023-10-01	2023-09-28
Emmanuel T. Hernandez	Board of Directors	Retired	2023-09-30	2023-09-28
Farhan Ahmad	Chief Financial Officer	Appointed	2023-07-10	2023-06-29
Steffen Pietzke	Chief Financial Officer	Resigned	2023-07-09	2023-06-29
Bernard Gutmann	director	Appointed	2023-06-22	2023-06-26
Joseph Malchow	director	Appointed	2023-06-22	2023-06-26
Ralph Schmitt	Chief Commercial Officer	Appointed	2023-02-01	2023-01-23
Cameron Dales	General Manager and Chief Commercial Officer	Resigned	2023-02-01	2023-01-23
Ashok Lahiri	Chief Technology Officer	Retired	2023-02-01	2023-01-23
John D. McCranie	member and the chairperson of the Compensation Committee of the Board	Resigned	2023-01-20	2023-01-20
John D. McCranie	member of the Board of Directors	Resigned	2023-01-20	2023-01-20
Raj Talluri	President and Chief Executive Officer	Appointed	2023-01-18	2022-12-29
Ajay Marathe	Chief Operating Officer	Appointed	2022-11-14	2022-11-14
Thurman J. "T.J." Rodgers	Executive Chairman of the Board	Appointed	2022-11-04	2022-11-07

Leadership

Harrold Rust CEO
Raj Talluri CEO
Ryan Benton CEO, CFO
Thurman J. "T.J." Rodgers Chairman
Thurman J. ("T.J.") Rodgers Chairman
Thurman John Rodgers Chairman, Board Member
Ryan A. Benton CFO
Ajay Marathe COO
Dr. Michael Vyvoda COO
Arthi Chakravarthy General Counsel
Bernard Gutmann Board Member
Betsy Atkins Board Member
Dan McCranie Board Member
Gregory Reichow Board Member
J. Daniel McCranie Board Member
John Daniel (Dan) McCranie Board Member
Joseph Malchow Board Member
Manny Hernandez Board Member
Pegah Ebrahimi Board Member

Key facts CIK 1828318 CUSIP 293594107 13F (30d) 28 filings 28 filers Visit website Investor relations