{"id":786913,"date":"2023-09-28T17:07:41","date_gmt":"2023-09-28T21:07:41","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/emmanuel-t-hernandez-to-retire-from-enovix-board-of-directors\/"},"modified":"2023-09-28T17:07:41","modified_gmt":"2023-09-28T21:07:41","slug":"emmanuel-t-hernandez-to-retire-from-enovix-board-of-directors","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/emmanuel-t-hernandez-to-retire-from-enovix-board-of-directors\/","title":{"rendered":"Emmanuel T. Hernandez to Retire from Enovix Board of Directors"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">FREMONT, Calif., Sept.  28, 2023  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=bdEMuP1FJLq9Yks4oayb3WKY8hF1RIuF-TZV1PKOWoO9bwrVWYGH9NU9Y8eA1iPTwC7QbkhUSdX6tuIQ71EYmyR-3tgoSndvSZkQMjc1S6k=\" rel=\"nofollow noopener\" target=\"_blank\">Enovix Corporation<\/a> (\u201cEnovix\u201d) (Nasdaq: ENVX), an advanced silicon battery company, today announced that Emmanuel T. Hernandez will retire from the company\u2019s board of directors effective September 30, 2023. Hernandez joined the board in July 2021, when Enovix became a publicly traded company.<\/p>\n<p>\u201cEnovix is in great hands led by CEO Dr. Raj Talluri and an experienced Board of Directors,\u201d Hernandez said. \u201cThe company is well-positioned to close the longtime gap between battery needs and battery performance and usher in a paradigm shift across multiple industries.\u201d<\/p>\n<p>Hernandez continued, \u201cOver the last two years I have steadily reduced my corporate board memberships in anticipation of retirement to spend more time with my family. Enovix is my final board membership and given recent board and management additions the time is right to fully retire.\u201d<\/p>\n<p>Bernard Gutmann, who joined the Enovix Board of Directors in June, will assume the role of Audit Committee Chairman from Hernandez, effective October 1, 2023. Gutmann brings to Enovix close to 40 years of experience from the semiconductor industry in finance. Most recently, he served as the CFO and Treasurer of ON Semiconductor from 2012 to 2021. Joseph Malchow, who also joined the Enovix Board of Directors in June, will also become a member of the Audit Committee, effective October 1, 2023. Malchow, the founding partner of Hanover Technology Investment Management, a venture capital firm, also serves on the board of Enphase Energy, Inc., and served on the board and was a member of the Audit Committee of Archaea Energy, Inc., a renewable gas company, from its initial listing until its acquisition by BP p.l.c. in 2022.<\/p>\n<p>\u201cOn behalf of our entire team I want to thank Manny for his consistent professionalism, integrity, and counsel during his tenure on the Enovix Board,\u201d said Dr. Talluri. \u201cWe have been fortunate to draw on his experience as a public company CFO and Audit Committee Chairman of multi-billion-dollar companies such as Cypress Semiconductor and ON Semiconductor. I wish him all the best in his retirement.\u201d<\/p>\n<p>\u201cEnovix has been the beneficiary of Manny\u2019s financial and operational acumen and is strongly positioned to scale globally as the result of his contributions,\u201d said T.J. Rodgers, Chairman of the Board. \u201cHe helped develop many of the business processes Enovix needed to become a public company. He was the CFO of the SPAC that funded Enovix, and he shepherded their first reports as a public company while serving as Audit Committee Chairman.\u201d<\/p>\n<p>Continued Rodgers, \u201cOn a personal level, I want to thank Manny for his dependable leadership over the 30 years we have built meaningful businesses together.\u201d<\/p>\n<p>\n        <strong>About Enovix<\/strong><br \/>\n        <br \/>Enovix is on a mission to power the technologies of the future. Everything from IoT, mobile and computing devices, to the vehicle you drive, needs a better battery. The company\u2019s disruptive architecture enables a battery with high energy density and capacity without compromising safety. Enovix is scaling its silicon-anode, lithium-ion battery manufacturing capabilities to meet customer demand. For more information visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=fM9Mnnwgf4W5yWidehEklRAmX2IlcpyCSi8U9-RglKwDUDqgbZcukeda3K41XFGC7i6znLfYBwuYVfKoHQKwjsO82uK2yvwuPh5p6mMiV2nYJkicpXSSxLdEQ9TW55qmVJDBUyOk66tluFtI5__ikoiMYe4d2DJKGiYQSQvx1CumFzWmFhvlEcatd1cX5-9vAt6AHS1gfJmBF_MoWjQZpwLHHDqT-BWayw80-IGfVy7PtzWhXBjYjX9YvotQ8pRW\" rel=\"nofollow noopener\" target=\"_blank\">www.enovix.com<\/a> and follow us on <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Mz75Exzr6LYI1fNttSbnXUb8LLkE_Yss_poK7a09r9YWmjc3ZqEOY0ebYlTYgVGtzBrMsyaQxbl_efgjuRamkB06pmcnBY-Zrs_qeIhLwL7n2CG-iXiXJxiD26UcvSGUgYkxT7apmALn5mbIkJFWkJ20ZFuJxZb6v1xjEr3HkwCTh4VAiw9MiM2rrQcjM7-I4eqzkowMS1RTbL8nnz8j83ZatFSujzOA2TBcz3yiBpmulKO6PPdWT3qhY5TMT3r7pHKzsF4ZLC32TParKHCyklLdDB_RoTKH6EJseHW9iX0=\" rel=\"nofollow noopener\" target=\"_blank\">LinkedIn.<\/a><\/p>\n<p>\n        <strong>For media inquiries, please contact:<\/strong>\n      <\/p>\n<p>Enovix Corporation<br \/>Kristin Atkins<br \/>Phone: +1 (650) 815-6934<br \/>Email: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Fbh6OCchgbswGjPXt3bPkWnstLkejp4-0yOYC1MbMUDsE-wMRPGRLjqqB7laAzeg7nSyQiaYgAo-K4zNgFsdXtYCCz9IgE5aMNvBJN8O7kI=\" rel=\"nofollow noopener\" target=\"_blank\">katkins@enovix.com<\/a><\/p>\n<p>\n        <strong>For investor inquiries, please contact:<\/strong>\n      <\/p>\n<p>Enovix Corporation<br \/>Charles Anderson<br \/>Phone: +1 (612) 229-9729<br \/>Email: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=5ue-eU8-cnqpRHlTHWUtXLJ00Tntwbj6f66v5iR3Dcnt8rgldpTr3oF7WyDupmnyUBHvlCJN-IqScdD5qsCe89MXDGAtv0kAqzloPD4wcIM=\" rel=\"nofollow noopener\" target=\"_blank\">canderson@enovix.com<\/a><\/p>\n<p \/>\n      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODkzMDU0NyM1ODM4MjU5IzIyMDgzOTk=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/NjExNDQ0MzQtNjA1YS00ODVlLWI4ZmEtZDU4YTE4MDBlZWMyLTEyMTk5NTI=\/tiny\/Enovix-Corporation.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>FREMONT, Calif., Sept. 28, 2023 (GLOBE NEWSWIRE) &#8212; Enovix Corporation (\u201cEnovix\u201d) (Nasdaq: ENVX), an advanced silicon battery company, today announced that Emmanuel T. Hernandez will retire from the company\u2019s board of directors effective September 30, 2023. Hernandez joined the board in July 2021, when Enovix became a publicly traded company. \u201cEnovix is in great hands led by CEO Dr. Raj Talluri and an experienced Board of Directors,\u201d Hernandez said. \u201cThe company is well-positioned to close the longtime gap between battery needs and battery performance and usher in a paradigm shift across multiple industries.\u201d Hernandez continued, \u201cOver the last two years I have steadily reduced my corporate board memberships in anticipation of retirement to spend more time with my family. Enovix &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/emmanuel-t-hernandez-to-retire-from-enovix-board-of-directors\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Emmanuel T. Hernandez to Retire from Enovix Board of Directors&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-786913","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Emmanuel T. Hernandez to Retire from Enovix Board of Directors - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/emmanuel-t-hernandez-to-retire-from-enovix-board-of-directors\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Emmanuel T. Hernandez to Retire from Enovix Board of Directors - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"FREMONT, Calif., Sept. 28, 2023 (GLOBE NEWSWIRE) &#8212; Enovix Corporation (\u201cEnovix\u201d) (Nasdaq: ENVX), an advanced silicon battery company, today announced that Emmanuel T. Hernandez will retire from the company\u2019s board of directors effective September 30, 2023. Hernandez joined the board in July 2021, when Enovix became a publicly traded company. \u201cEnovix is in great hands led by CEO Dr. Raj Talluri and an experienced Board of Directors,\u201d Hernandez said. \u201cThe company is well-positioned to close the longtime gap between battery needs and battery performance and usher in a paradigm shift across multiple industries.\u201d Hernandez continued, \u201cOver the last two years I have steadily reduced my corporate board memberships in anticipation of retirement to spend more time with my family. Enovix &hellip; Continue reading &quot;Emmanuel T. Hernandez to Retire from Enovix Board of Directors&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/emmanuel-t-hernandez-to-retire-from-enovix-board-of-directors\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-28T21:07:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODkzMDU0NyM1ODM4MjU5IzIyMDgzOTk=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/emmanuel-t-hernandez-to-retire-from-enovix-board-of-directors\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/emmanuel-t-hernandez-to-retire-from-enovix-board-of-directors\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Emmanuel T. 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Hernandez joined the board in July 2021, when Enovix became a publicly traded company. \u201cEnovix is in great hands led by CEO Dr. Raj Talluri and an experienced Board of Directors,\u201d Hernandez said. \u201cThe company is well-positioned to close the longtime gap between battery needs and battery performance and usher in a paradigm shift across multiple industries.\u201d Hernandez continued, \u201cOver the last two years I have steadily reduced my corporate board memberships in anticipation of retirement to spend more time with my family. Enovix &hellip; Continue reading \"Emmanuel T. 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