Enovix Corporation announced the appointment of Dr. Raj Talluri as President, effective January 18, 2023. Talluri replaces Co-Founder Harrold Rust, who is retiring from his position and the board but will serve in an advisory capacity to support the leadership transition. Talluri brings a strong track record of leading successful high-volume and highly profitable semiconductor franchises with a specific focus on the portable electronics market over a nearly 30-year career.

Talluri joins Enovix from Micron Technology Inc., where he served as Senior Vice President and General Manager of its Mobile Business Unit, with worldwide revenue greater than $5 billion. Prior to Micron, Talluri was Senior Vice President responsible for Qualcomm Inc.'s IoT business unit, where he drove the division from incubation stage to over $1 billion in product revenue. During his Qualcomm tenure, he also led product management for the company's Snapdragon applications processor business including ownership of product roadmaps targeting smartphones, tablets and automotive.

Talluri began his career at Texas Instruments as a member of the technical staff and then successively led product groups and business units over a 16-year tenure culminating with becoming general manager of the OMAP wireless terminals business unit, an over $750 million revenue business with over 800 employees throughout North America, Europe, and Asia. Talluri holds a Ph.D. in Electrical Engineering from the University of Texas at Austin, a Master of Engineering degree from Anna University in Chennai, India, and a Bachelor of Engineering from Andhra University in Waltair, India. He holds 13 patents in image processing, video compression and media processor architectures.

On January 13, 2023, the Board appointed Dr. Talluri as a member of the Board, effective as of Mr. Rust's resignation from the Board on the Effective Date.