Management ChangeJul 9, 2026, 07:41 AM
Enovix Appoints Michael Vyvoda as Chief Operating Officer
AI Summary
Enovix Corp announced the appointment of Dr. Michael Vyvoda as its new Chief Operating Officer, effective July 29, 2026. Dr. Vyvoda, who previously led product operations for Apple's AirPods, will be responsible for the company's global manufacturing, supply chain, and operations engineering as Enovix scales high-volume production. His compensation includes an annual base salary of $440,000, a target annual cash bonus of 60% of his base salary, and restricted stock units totaling $4.1 million in fair market value.
Key Highlights
- Dr. Michael Vyvoda appointed Chief Operating Officer, effective July 29, 2026.
- He will receive an annual base salary of $440,000.
- Eligible for an annual discretionary cash bonus with a target of 60% of base salary.
- Granted RSUs with a fair market value of $4,000,000, vesting over time.
- Granted RSUs with a fair market value of $100,000, fully vested on grant date.
- Vyvoda previously served as Director, Product Operations, Audio Products at Apple Inc.
- He will lead global manufacturing, supply chain, and operations engineering.
Price Impact
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