T.J. Rodgers is the Executive Chairman of Enovix Corporation, a company focused on innovative battery technology. He took on this role in November 2022, building on his experience as a non-executive chairman of the board since September 2020. With a...

T.J. Rodgers is the Executive Chairman of Enovix Corporation, a company focused on innovative battery technology. He took on this role in November 2022, building on his experience as a non-executive chairman of the board since September 2020. With a robust background in the tech industry, Rodgers previously founded Cypress Semiconductor in 1982 and led it until 2016, signaling a deep understanding of semiconductor technology and market dynamics. His ventures into renewable energy companies like Enphase Energy and FTC Solar highlight his interest in sustainable technologies. Rodgers is a seasoned board member and has been involved in various public and private companies. Notably, during fiscal year 2022, he was compensated $247,078, primarily through salary and stock options, showcasing the performance-based structure of executive pay. An insightful leader, his strategies align closely with corporate success factors, reflecting a forward-thinking approach in the fast-evolving tech landscape.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Enovix Corporation CEOs

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T.J. Rodgers

Ex-CEO of Enovix Corporation

Sector of Economy

Industrials

CEO of Enovix Corporation for

0 years 0 months (Nov 2022 - Nov 2022)

Previous Experience

Unknown

Rivals

Competitors/colleagues of T.J. Rodgers

Holdings

See how much did T.J. Rodgers make over time.

T.J. Rodgers has a significant stake in Enovix Corporation, holding approximately 25.87 million shares, which constitutes 16% of the company. This large holding reflects his deep commitment to Enovix's future. In recent years, there have been notable fluctuations in his...

T.J. Rodgers has a significant stake in Enovix Corporation, holding approximately 25.87 million shares, which constitutes 16% of the company. This large holding reflects his deep commitment to Enovix's future. In recent years, there have been notable fluctuations in his wealth tied to the company's performance. For instance, he held around 20.87 million shares in a confined trust, along with 4.1 million shares governing a warrant exercisable within the next 60 days. With the company’s focus on next-generation battery technology, the value of his holdings is closely linked to Enovix's success in the market. Investors generally see such significant ownership as a positive sign of a CEO’s commitment and confidence in their company's potential.

Mar 18, 2025

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shares

ENVX @ $7.88

Total Stock Sold

$200.12M

ENPH

$200.12M

4,000,000 ENPH shares

What if they kept their stock?

If T.J. Rodgers didn't sell their stock, today they would have:
Extra ENPH4,000,000 shares worth $206.56M.
This is 3.22% and $6.44M more than what they got when they sold the stock.

Charitable Transactions

ENVX

80,000 shares

ENVX

ENPH

2,319,290 shares

ENPH

Recent Charitable Transactions

ENVX

80,000 shares

ENVX

Dec 13, 2022

Charity

ENPH

100,000 shares

ENPH

Jun 8, 2020

Charity

ENPH

219,290 shares

ENPH

Dec 31, 2020

Charity

ENPH

2,000,000 shares

ENPH

Feb 25, 2020

Charity

Insider Trading

See recent insider trades of T.J. Rodgers.

ENVX

80,000 shares

ENVX

Dec 13, 2022

Charity

ENVX

9,057 shares

ENVX

Jun 15, 2022

Received

ENVX

$900.00K

ENVX at $9.00/share

May 23, 2022

Purchase

ENPH

1,600 shares

ENPH

May 18, 2022

Received

ENVX

$2.66M

ENVX at $8.86/share

May 13, 2022

Purchase

ENVX

17,126,552 shares

ENVX

Jul 14, 2021

Received

ENPH

1,913 shares

ENPH

May 19, 2021

Received

ENPH

912 shares

ENPH

Nov 2, 2020

Received

ENPH

$100.17M

ENPH at $50.08/share

Jun 8, 2020

Sale

ENPH

100,000 shares

ENPH

Jun 8, 2020

Charity

Compensation History

See how much did T.J. Rodgers make over time.

In 2022, T.J. Rodgers received a total compensation of $247,078, which primarily consisted of a base salary of $480,000. Notably, he did not receive a bonus that year, as performance metrics were not met. His salary reflects the company's focus on performance-based awards. The structure of his compensation includes 134,228 performance-based restricted stock units granted, but only a portion was earned, indicating the high expectations set for executives in terms of company performance. Despite having no bonuses or vested stock in 2022, the potential for future compensation is tied to the revenue goals and corporate success metrics established by Enovix's board.

Year

2022

Total Compensation

$498.01K

Salary

$480.00K

Board Justification

The compensation philosophy is designed to align executive compensation with business objectives and long-term success, focusing on performance-based incentives.

Bonus

$0.00

Board Justification

No bonus was awarded for fiscal year 2022.

Other

$18.01K

Board Justification

Other compensation includes contributions to the 401(k) plan and life insurance premiums.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock awards vested in 2022 as the focus was on performance-based awards that were not achieved.

Performance Metrics

Performance metrics included annual revenue goals and corporate critical success factors.

Other Enovix Corporation CEOs

Here are other CEOs of Enovix Corporation

Harrold Rust

Ex-CEO of Enovix Corporation

September 2020 - November 2022

Ajay Marathe

CEO of Enovix Corporation

November 2022 - Present