Enovix COO retiring Feb 17; preliminary 2025 revenue growth ~38%

Enovix Corp

COO Ajay Marathe to retire effective Feb 17, 2026; no disagreement cited.
Preliminary unaudited 2025 revenue grew ~38% YoY, driven by Korea battery business.
SVP Kihong Park expands role to lead Global Manufacturing Operations for scale-up.
Ed Casey (ex-Komag, Seagate, ams OSRAM) hired as VP Operations for AME equipment.
Company targeting mass production for smartphones, smart eyewear, and defense.

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