Enovix appoints Dan McCranie to Board of Directors, expands to eight members.

Enovix Corporation has appointed J. Daniel "Dan" McCranie to its Board of Directors, expanding the board to eight directors, six of whom are independent. McCranie brings over three decades of experience in public-company board governance and operating leadership in the semiconductor and technology sectors. He previously served as Chairman of the Board of onsemi and has held roles at various other technology companies.

Enovix Corporation (ENVX, ENVXW) has appointed J. Daniel "Dan" McCranie to its Board of Directors, expanding the board to eight members, six of whom are independent. This appointment underscores Enovix's commitment to strengthening its leadership and governance structure as it continues to innovate in the advanced silicon battery technology sector [1].

McCranie brings over three decades of experience in public-company board governance and operating leadership, particularly within the semiconductor and technology sectors. He previously served as Chairman of the Board of onsemi and held various leadership positions at technology companies such as Freescale Semiconductor, Cadence, Virage Logic, Actel, Xicor, California Micro Devices, Mentor Graphics, and Cypress Semiconductor. Currently, McCranie serves as a director at SunPower Corporation and is its Executive Vice President of Sales [1].

Enovix's Chief Executive Officer, Raj Talluri, commented on the appointment, stating, "Dan is a high-impact operator and board leader with deep experience scaling complex technology businesses. His track record at onsemi and other global semiconductor companies adds immediate strength to our board as we expand commercialization and manufacturing." McCranie expressed his enthusiasm for the opportunity to join Enovix, noting that the company's silicon-anode architecture and manufacturing approach position it to deliver significant performance gains [1].

Enovix is a leader in advancing lithium-ion battery technology with its proprietary cell architecture designed to deliver higher energy density and improved safety. The company's silicon-anode batteries are engineered to power a wide range of devices, from wearable electronics and mobile communications to industrial and electric vehicle applications. Enovix holds a robust portfolio of issued and pending patents covering its core battery design and manufacturing process [1].

This appointment is part of Enovix's ongoing efforts to bolster its board and prepare for the commercialization and manufacturing expansion of its innovative battery technology. The company's forward-looking statements highlight the potential risks and uncertainties associated with future performance, commercialization plans, and manufacturing activities [1].

References:
[1] https://www.morningstar.com/news/globe-newswire/9512640/enovix-appoints-veteran-semiconductor-leader-j-daniel-dan-mccranie-to-its-board-of-directors