Enovix names Farhan Ahmad as CFO; outgoing CFO Steffen Pietzke to consult after July 9

Enovix Corp

CFO Steffen Pietzke resigns effective July 9, 2023; will provide consulting for up to 6 months in exchange for $400K RSU grant.
Farhan Ahmad appointed CFO effective July 10, 2023; previously VP Investor Relations & Finance Strategy at Micron Technology.
Ahmad receives $380K base salary, 60% target bonus, and $4M RSU vesting 1/5 after 12 months then monthly over 4 years.
Pietzke's severance includes 9 months' base salary, 18-month equity acceleration, and pro-rata bonus; no disagreement cited.

item 5.02 item 9.01

Executive movements

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Departed

Steffen Pietzke

Chief Financial Officer

ENVX · Enovix Corp

Effective: 2023-07-09
Successor: Farhan Ahmad
Filed: June 29, 2023, 7:59 PM ET

Steffen Pietzke will resign as Chief Financial Officer of Enovix Corporation (the “Company”), effective as of July 9, 2023.

Appointed

Farhan Ahmad

Chief Financial Officer

ENVX · Enovix Corp

Effective: 2023-07-10
Filed: June 29, 2023, 7:59 PM ET

Mr. Pietzke’s successor, Farhan Ahmad, had been appointed Chief Financial Officer of the Company.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Steffen Pietzke resigned as Chief Financial Officer at Enovix Corp.

Action: resigned
Role: Chief Financial Officer

Exact text from the filing

Steffen Pietzke will resign as Chief Financial Officer of Enovix Corporation (the “Company”), effective as of July 9, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Farhan Ahmad was appointed as Chief Financial Officer at Enovix Corp.

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

Mr. Pietzke’s successor, Farhan Ahmad, had been appointed Chief Financial Officer of the Company.

View on SEC.gov

Enovix Corp filing history →

Source: SEC EDGAR

accession 0001193125-23-178590

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