Marvell Tech Announces Board & Executive Compensation Changes

Ticker: MRVL · Form: 8-K · Filed: 2025-07-17T00:00:00.000Z

Sentiment: neutral

Topics: governance, executive-compensation, board-changes

Related Tickers: MRVL

TL;DR

Marvell (MRVL) board shakeup and exec pay adjustments filed today.

AI Summary

Marvell Technology, Inc. announced on July 15, 2025, changes related to its board of directors and executive compensation. The filing details the departure of a director, the election of new directors, and updates to compensatory arrangements for certain officers.

Why It Matters

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

Risk Assessment

Risk Level: low — This filing primarily concerns corporate governance and executive compensation, which typically have a low direct impact on the company's core business operations.

Key Players & Entities

FAQ

Who has departed from Marvell Technology's board of directors?

The filing indicates the departure of a director, though the specific name is not detailed in the provided text.

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

The earliest event reported was on July 15, 2025.

What is Marvell Technology's state of incorporation?

Marvell Technology, Inc. is incorporated in Delaware.

What is the SEC file number for Marvell Technology?

The SEC file number for Marvell Technology is 001-40357.

What specific items are 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

0001193125-25-160597.txt : 20250717 0001193125-25-160597.hdr.sgml : 20250717 20250717170024 ACCESSION NUMBER: 0001193125-25-160597 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 12 CONFORMED PERIOD OF REPORT: 20250715 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20250717 DATE AS OF CHANGE: 20250717 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: 251131318 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 d74729d8k.htm 8-K 8-K false 0001835632 0001835632 2025-07-15 2025-07-15     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: July 15, 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. On July 15, 2025, Marvell Technology, Inc. (the “Company” or “Marvell”) promoted Chris Koopmans to President and Chief Operating Officer and Sandeep Bharathi to President, Data Center Group. Mr. Koopmans and Mr. Bharathi will report directly to Marvell’s Chairman and Chief Executive Officer, Matt Murphy. Mr. Koopmans will expand his scope of responsibilities to include Worldwide Sales, Corporate Development and St

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