Marvell Technology Announces Board and Executive Changes

Ticker: MRVL · Form: 8-K · Filed: 2025-06-20T00:00:00.000Z

Sentiment: neutral

Topics: management-change, compensation

Related Tickers: MRVL

TL;DR

Marvell's board and exec comp got a shake-up. New directors in, some execs out.

AI Summary

Marvell Technology, Inc. announced on June 13, 2025, changes in its board of directors and executive compensation. Specifically, the company reported the departure of certain officers and directors, the election of new directors, and updates to compensatory arrangements for its officers.

Why It Matters

Changes in board composition and executive compensation can signal shifts in company strategy, governance, or future performance expectations.

Risk Assessment

Risk Level: medium — Changes in leadership and compensation structures can introduce uncertainty regarding future strategic direction and operational execution.

Key Players & Entities

FAQ

Who are the specific officers or directors that have departed from Marvell Technology, Inc.?

The filing indicates the departure of certain officers and directors but does not name them specifically in the provided text.

When was the date of the earliest event reported in this 8-K filing?

The date of the earliest event reported is June 13, 2025.

What is Marvell Technology, Inc.'s state of incorporation?

Marvell Technology, Inc. is incorporated in Delaware.

What is the exact name of the registrant as specified in its charter?

The exact name of the registrant is Marvell Technology, Inc.

What are the main items of information covered in this 8-K filing?

This 8-K filing covers the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers.

From the Filing

0001193125-25-143288.txt : 20250620 0001193125-25-143288.hdr.sgml : 20250620 20250620091442 ACCESSION NUMBER: 0001193125-25-143288 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 12 CONFORMED PERIOD OF REPORT: 20250613 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20250620 DATE AS OF CHANGE: 20250620 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Marvell Technology, Inc. CENTRAL INDEX KEY: 0001835632 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] ORGANIZATION NAME: 04 Manufacturing EIN: 853971597 STATE OF INCORPORATION: DE FISCAL YEAR END: 0201 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-40357 FILM NUMBER: 251059304 BUSINESS ADDRESS: STREET 1: 1000 N. WEST STREET STREET 2: SUITE 1200 CITY: WILMINGTON STATE: DE ZIP: 19801 BUSINESS PHONE: (302) 295-4840 MAIL ADDRESS: STREET 1: 1000 N. WEST STREET STREET 2: SUITE 1200 CITY: WILMINGTON STATE: DE ZIP: 19801 8-K 1 d935188d8k.htm 8-K 8-K false 0001835632 0001835632 2025-06-13 2025-06-13     UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549     FORM 8-K     CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: June 13, 2025 (Date of earliest event reported)     MARVELL TECHNOLOGY, INC. (Exact name of registrant as specified in its charter)       Delaware   001-40357   85-3971597 (State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer Identification No.) 1000 N. West Street , Suite 1200 Wilmington , Delaware 19801 (Address of principal executive offices, including Zip Code) (302) 295-4840 (Registrant’s telephone number, including area code)     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common Stock   MRVL   The Nasdaq Stock Market, LLC Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company  ☐       If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐       Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Appointment of new Chief Accounting Officer Marvell Technology, Inc. (the “Company”) has appointed Mr. Justin Scarpulla as the Company’s Senior Vice President, Chief Accounting Officer effective July 21, 2025. Mr. Scarpulla, 52, served as Chief Financial Officer, Principal Financial Officer, Principal Accounting Officer and Secretary of Indentiv, Inc., a supplier of specialty internet of things solutions tailored for the healthcare indus

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