Marvell Tech Announces Board & Executive Compensation Changes

Ticker: MRVL · Form: 8-K · Filed: 2025-07-23T00:00:00.000Z

Sentiment: neutral

Topics: governance, executive-compensation, board-changes

Related Tickers: MRVL

TL;DR

Marvell's board is shuffling, exec pay is changing. Watch this space.

AI Summary

Marvell Technology, Inc. announced on July 22, 2025, changes in its board of directors and executive compensation arrangements. The filing details the departure of a director and the election of new directors, alongside updates to the compensatory arrangements for certain officers.

Why It Matters

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

Risk Assessment

Risk Level: low — This filing primarily concerns routine corporate governance and executive compensation matters, not significant financial events.

Key Players & Entities

FAQ

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

The filing indicates the departure of a director, but the specific name is not provided in the initial summary of items.

Were new directors elected to the board?

Yes, the filing explicitly mentions the election of new directors.

What other significant event is reported in this 8-K?

Besides director changes, the filing also reports on compensatory arrangements of certain officers.

What is the exact date of the earliest event reported?

The date of the earliest event reported is July 22, 2025.

What is Marvell Technology's state of incorporation?

Marvell Technology, Inc. is incorporated in Delaware.

From the Filing

0001193125-25-163086.txt : 20250723 0001193125-25-163086.hdr.sgml : 20250723 20250723091122 ACCESSION NUMBER: 0001193125-25-163086 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20250722 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250723 DATE AS OF CHANGE: 20250723 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: 251141804 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 d50314d8k.htm 8-K 8-K false 0001835632 0001835632 2025-07-22 2025-07-22     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 22, 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. The Board of Directors (the “Board”) of Marvell Technology, Inc. (the “Company”) approved the appointment of Rajiv Ramaswami to the Board effective July 22, 2025. Mr. Ramaswami, age 59, has served as a Director and the President and Chief Executive Officer of Nutanix, Inc., an enterprise Cloud computing company since December 2020. Mr. Ramaswami has more than 30 years

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