Ajay Marathe has a significant stake in Enovix Corporation, following his initial grant of 833,000 restricted stock units (RSUs) upon joining the company in November 2022. These shares are a strategic part of his compensation package, intended to align his...

Ajay Marathe has a significant stake in Enovix Corporation, following his initial grant of 833,000 restricted stock units (RSUs) upon joining the company in November 2022. These shares are a strategic part of his compensation package, intended to align his interests with the performance of the company. As of 2023, Marathe's RSUs have substantial value calculated at around $11.6 million based on the company's stock performance. This substantial holding reflects his commitment to the company's success, especially as he works to grow Enovix's position in the battery manufacturing sector. His investment shows confidence in what he aims to achieve at Enovix, particularly in enabling advancements in battery technology for various applications.