Ajay Marathe has served as our Chief Operating Officer since November 2022. He brings 38-years of experience to Enovix including holding executive positions at Western Digital Corporation, Lumileds LLC, Solaria Corporation and Advanced Micro Devices (AMD).
Most recently, Ajay was senior vice president of global operations at Western Digital, a $17 billion storage solution company. Prior to that he was chief operating officer of Lumileds for ten years, a $1.4 billion lighting company, with global manufacturing sites in the U.S and Asia, supplying consumer electronics companies, as well as the automotive industry.
Before Lumileds, he served as senior vice president of operations at Solaria Corporation, a solar module manufacturer. For nearly 23 years, Ajay held positions at AMD including Thailand director of operations responsible for assembly and test of six million units per week, vice president of operations of the 2,500-employee computation products group, vice president of operations for assembly and test, and finally president of AMD India LLC, a startup created to serve the country.
Ajay received a Bachelor of Engineering in production engineering from Veermata Jijabai Technological Institute, University of Bombay, India, in 1982, and a Master of Science in industrial engineering/operations research from Texas Tech University in 1983.
What is Ajay Marathe's net worth?
The estimated net worth of Ajay Marathe is at least $7.95 million as of April 14th, 2024. Mr. Marathe owns 978,913 shares of Enovix stock worth more than $7,953,668 as of March 27th. This net worth estimate does not reflect any other assets that Mr. Marathe may own. Additionally, Mr. Marathe receives a salary of $585,210.00 as COO at Enovix. Learn More about Ajay Marathe's net worth.
What is Ajay Marathe's salary?
As the COO of Enovix Co., Mr. Marathe earns $585,210.00 per year. The highest earning executive at Enovix is Dr. Raj Talluri, President, CEO & Director, who commands a salary of $890,110.00 per year. Learn More on Ajay Marathe's salary.
How do I contact Ajay Marathe?
The corporate mailing address for Mr. Marathe and other Enovix executives is 575 EASTVIEW WAY, WOODSIDE CA, 94062. Enovix can also be reached via phone at 510-695-2350 and via email at gary@blueshirtgroup.com. Learn More on Ajay Marathe's contact information.
Has Ajay Marathe been buying or selling shares of Enovix?
Ajay Marathe has not been actively trading shares of Enovix within the last three months. Most recently, Ajay Marathe sold 4,954 shares of the business's stock in a transaction on Sunday, April 14th. The shares were sold at an average price of $7.31, for a transaction totalling $36,213.74. Following the completion of the sale, the chief operating officer now directly owns 978,913 shares of the company's stock, valued at $7,155,854.03. Learn More on Ajay Marathe's trading history.
Who are Enovix's active insiders?
Are insiders buying or selling shares of Enovix?
During the last twelve months, insiders at the sold shares 5 times. They sold a total of 422,454 shares worth more than $4,117,013.74. The most recent insider tranaction occured on February, 27th when CEO Rajendra K Talluri sold 300,000 shares worth more than $2,805,000.00. Insiders at Enovix own 15.7% of the company.
Learn More about insider trades at Enovix. Information on this page was last updated on 2/27/2025.
