Enovix Appoints Veteran Semiconductor Leader J. Daniel “Dan” McCranie to its Board of Directors

Core Viewpoint - Enovix Corporation has appointed J. Daniel "Dan" McCranie to its Board of Directors, expanding the board to eight members, six of whom are independent [1] Group 1: Appointment Details - Dan McCranie brings over 30 years of experience in public-company board governance and leadership in the semiconductor and technology sectors [2] - His previous roles include Chairman of the Board at onsemi and Non-Executive Chairman at Freescale Semiconductor, among others [2][4] - McCranie's expertise is expected to strengthen Enovix's board as the company focuses on commercialization and manufacturing [3] Group 2: Company Overview - Enovix is a leader in advanced lithium-ion battery technology, specifically known for its silicon-anode batteries that offer higher energy density and improved safety [5] - The company's technology is designed to cater to a variety of applications, including wearable electronics, mobile communications, industrial, and electric vehicles [5] - Enovix holds a significant portfolio of patents related to its battery design and manufacturing processes [5] Group 3: Strategic Importance - McCranie expressed enthusiasm about joining Enovix at a critical time, highlighting the potential for performance gains through the company's innovative manufacturing approach [3] - The appointment is seen as a strategic move to enhance the company's operational capabilities and accelerate execution in the market [3]