---
schema_version: "secwatch.filing_event.v1"
accession: "0001828318-23-000009"
form_type: "8-K/A"
ticker: "ENVX"
cik: "0001828318"
company_name: "Enovix Corp"
filed_at: "2023-01-18T23:59:59+00:00"
generated_at: "2026-06-20T14:10:02.746380+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Enovix CEO Harrold Rust retires; Raj Talluri named successor; separation details disclosed

## Summary
- Harrold Rust resigns as CEO, President, and Board member effective Jan 18, 2023; remains employee through Feb 1.
- Rust receives severance: 12 months base salary, 36 months COBRA, accelerated equity vesting, prorated target bonus.
- Dr. Raj Talluri appointed as CEO, President, and Board member, effective Jan 18, 2023.
- Separation agreement conditioned on release of claims and compliance with confidentiality and non-disparagement covenants.

## SEC filing metadata
- accession: 0001828318-23-000009
- form_type: 8-K/A
- ticker: ENVX
- cik: 0001828318
- company_name: Enovix Corp
- filed_at: 2023-01-18T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828318/000182831823000009/0001828318-23-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828318/000182831823000009/envx-20221223.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001828318-23-000009
- JSON: https://secwatch.observer/filing/0001828318-23-000009.json
- Plain text: https://secwatch.observer/filing/0001828318-23-000009.txt

## Key facts
- Executive change
  Harrold Rust resigned as President and Chief Executive Officer at Enovix Corp.
  - Action: resigned
  - Role: President and Chief Executive Officer
  source text: Mr. Rust determined that he would retire as President and Chief Executive Officer of the Company and as a member of the Board effective as of the date of Dr. Talluri’s appointment to each such position.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828318/000182831823000009/0001828318-23-000009-index.htm
- Executive change
  Raj Talluri was appointed as President and Chief Executive Officer at Enovix Corp.
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: Mr. Rust determined that he would retire as President and Chief Executive Officer of the Company and as a member of the Board effective as of the date of Dr. Talluri’s appointment to each such position.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828318/000182831823000009/0001828318-23-000009-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.