In 2023, Ajay Marathe earned $585.21K in total compensation at Enovix Corporation, including $450.00K salary and $121.26K bonus. Most recently acquired 14,718 shares in Mar 2025. Currently holds stock worth $8.89M. 3+ years at the helm of Enovix Corporation.
Compensation History
Annual executive compensation data for Ajay Marathe, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$585.21K
Salary
$450.00K
Bonus
$121.26K
Other
$13.95K
Salary
$450.00KBoard Justification
The compensation philosophy is designed to attract, motivate, and retain executives who drive innovation and business success, aligning their interests with those of stockholders through performance-based incentives.
Bonus
$121.26KBoard Justification
The bonus is based on the achievement of performance goals established by the Compensation Committee at the beginning of the fiscal year, with payouts varying based on performance against these goals.
Other Compensation
$13.95KBoard Justification
Other compensation includes 401(k) contributions and life insurance premiums.
Restricted Stock
Board Justification
No stock awards vested in 2023 as the focus is on cash and other compensation.
Performance Metrics
Performance metrics include revenue targets, operational efficiency, customer growth, and completion of manufacturing milestones.
Ajay Marathe
CEO of Enovix Corporation
Sector of Economy
Industrials
CEO of Enovix Corporation for
3 years 0 months (Nov 2022 - Present)
Previous Experience
Unknown
Other Enovix Corporation CEOs
Holdings
Track Ajay Marathe's stock holdings and portfolio value over time.
Insider Trading
Ajay Marathe's recent stock transactions, purchases, and sales filed with the SEC.
14,718 shares
ENVX
Mar 7, 2025
Received
33,170 shares
ENVX
Feb 12, 2025
Received
160,513 shares
ENVX
Jan 6, 2025
Received
2,640 shares
ENVX
Nov 22, 2024
Received
5,731 shares
ENVX
Aug 20, 2024
Received
5,301 shares
ENVX
May 24, 2024
Received
$36.21K
ENVX at $7.31/share
Apr 14, 2024
Sale
236,805 shares
ENVX
Apr 8, 2024
Received
1,650 shares
ENVX
Aug 2, 2023
Received
6,591 shares
ENVX
Jun 7, 2023
Received
Rivals
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