Marvell Technology Management

Management criteria checks 2/4

Marvell Technology's CEO is Matt Murphy, appointed in Jul 2016, has a tenure of 7.75 years. total yearly compensation is $22.44M, comprised of 4.7% salary and 95.3% bonuses, including company stock and options. directly owns 0.083% of the company’s shares, worth €43.32M. The average tenure of the management team and the board of directors is 7 years and 5.8 years respectively.

Key information

Matt Murphy

Chief executive officer

US$22.4m

Total compensation

CEO salary percentage	4.7%
CEO tenure	7.8yrs
CEO ownership	0.08%
Management average tenure	7yrs
Board average tenure	5.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Matt Murphy's remuneration changed compared to Marvell Technology's earnings?
Date	Total Compensation	Salary	Company Earnings
Feb 03 2024	n/a	n/a	-US$933m
Oct 28 2023	n/a	n/a	-US$556m
Jul 29 2023	n/a	n/a	-US$378m
Apr 29 2023	n/a	n/a	-US$167m
Jan 28 2023	US$22m	US$1m	-US$163m
Oct 29 2022	n/a	n/a	-US$142m
Jul 30 2022	n/a	n/a	-US$218m
Apr 30 2022	n/a	n/a	-US$498m
Jan 29 2022	US$16m	US$992k	-US$421m
Oct 30 2021	n/a	n/a	-US$411m
Jul 31 2021	n/a	n/a	-US$371m
May 01 2021	n/a	n/a	-US$252m
Jan 30 2021	US$15m	US$935k	-US$277m
Oct 31 2020	n/a	n/a	US$1b
Aug 01 2020	n/a	n/a	US$1b
May 02 2020	n/a	n/a	US$2b
Feb 01 2020	US$21m	US$977k	US$2b
Nov 02 2019	n/a	n/a	-US$449m
Aug 03 2019	n/a	n/a	-US$420m
May 04 2019	n/a	n/a	-US$356m
Feb 02 2019	US$7m	US$792k	-US$179m
Nov 03 2018	n/a	n/a	US$130m
Aug 04 2018	n/a	n/a	US$333m
May 05 2018	n/a	n/a	US$462m
Feb 03 2018	US$6m	US$764k	US$433m

Compensation vs Market: Matt's total compensation ($USD22.44M) is above average for companies of similar size in the German market ($USD5.57M).

Compensation vs Earnings: Matt's compensation has increased whilst the company is unprofitable.

CEO

Matt Murphy (50 yo)

7.8yrs

Tenure

US$22,442,578

Compensation

Mr. Matthew J. Murphy, also known as Matt, served as Independent Director at eBay Inc. since March 15, 2019 until June 08, 2022. Mr. Murphy has been the President and Chief Executive Officer of Marvell Tec...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Matthew Murphy	President	7.8yrs	US$22.44m	0.083% $ 43.3m
Willem Meintjes	Chief Financial Officer	1.3yrs	US$7.44m	0.013% $ 6.7m
Christopher Koopmans	Chief Operations Officer	3.1yrs	US$10.17m	0.014% $ 7.5m
Raghib Hussain	President of Products & Technologies	3yrs	US$12.98m	0.095% $ 49.5m
Daniel Christman	Executive VP & GM of Analog Products Group	7.3yrs	US$9.34m	0.012% $ 6.4m
Sehat Sutardja	Co-Founder	29.3yrs	US$377.92k	no data
Weili Dai	Co-Founder	29.3yrs	US$36.26k	no data
Pani Dixon	Chief Accounting Officer	1.3yrs	no data	0.0032% $ 1.7m
Mitchell Gaynor	Chief Administration Officer	7yrs	US$3.58m	0.015% $ 7.7m
Ashish Saran	Senior Vice President of Investor Relations	no data	no data	no data
Mark Casper	Executive VP & Chief Legal Officer	less than a year	no data	0.0025% $ 1.3m
Gary Ignatin	Executive Vice President of Corporate Development	7.2yrs	no data	no data

7.0yrs

Average Tenure

50.5yo

Average Age

Experienced Management: 9MW's management team is seasoned and experienced (7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Matthew Murphy	President	7.8yrs	US$22.44m	0.083% $ 43.3m
Robert Switz	Independent Director	7.9yrs	US$308.44k	0.0081% $ 4.3m
William Tudor Brown	Independent Director	7.3yrs	US$290.94k	0.0040% $ 2.1m
Bradley Buss	Independent Director	5.8yrs	US$310.94k	0.0092% $ 4.8m
Fouad Tamer	Independent Director	3yrs	US$280.94k	0.056% $ 29.2m
Michael Strachan	Lead Independent Director	7.9yrs	US$310.94k	0.0060% $ 3.1m
Rebecca House	Independent Director	1.7yrs	US$240.32k	0.00043% $ 225.1k
Sara Andrews	Independent Director	2yrs	US$331.70k	0.00060% $ 314.1k
Marachel Knight	Independent Director	3.8yrs	US$295.94k	0.0017% $ 910.9k

5.8yrs

Average Tenure

59yo

Average Age

Experienced Board: 9MW's board of directors are considered experienced (5.8 years average tenure).

Marvell Technology Management

Management criteria checks 2/4

Key information

Recent management updates

President recently sold €1.6m worth of stock

Independent Director recently sold €5.0m worth of stock

Marvell Technology, Inc. Announces Changes to Its Board of Directors

Marvell Technology, Inc., Annual General Meeting, Jun 16, 2023

Marvell Technology, Inc. Announces Executive Changes

Independent Director recently bought €313k worth of stock

Recent updates

President recently sold €1.6m worth of stock

Marvell Extends 1.6T Connectivity Leadership With Industry's First PAM4 Optical DSP Integrating 200 Gbps Electrical and Optical Interfaces

Fourth quarter dividend of US$0.06 announced

Marvell Technology, Inc. Declares Quarterly Dividend, Payable on May 1, 2024

Marvell Technology, Inc. Provides Earnings Guidance for the First Quarter of Fiscal 2025

Full year 2024 earnings released: US$1.08 loss per share (vs US$0.19 loss in FY 2023)

Now 24% overvalued after recent price rise

Marvell Open Sources Octeon 10 Ml/AI Accelerator Software to Optimize 5G Ran Networks

Marvell Technology, Inc. to Report Q4, 2024 Results on Mar 07, 2024

Marvell Extends Connectivity Leadership for Accelerated Infrastructure with 200G/Lane Partner Demonstrations at DesignCon

Upcoming dividend of US$0.06 per share at 0.4% yield

Marvell Technology, Inc. Declares Quarterly Dividend, Payable on January 31, 2024

Marvell Technology, Inc. Announces Two New Marvell OCTEON 10 Processors Bring Server-Class Performance to Networking Devices

Marvell Technology, Inc. Extends Connectivity Leadership for Accelerated Computing With Two Cloud-Optimized PAM4 Optical DSPs

Third quarter 2024 earnings released: US$0.19 loss per share (vs US$0.016 profit in 3Q 2023)

Marvell Technology, Inc. Provides Earnings Guidance for the Fourth Quarter of 2024

Marvell Technology, Inc. to Report Q3, 2024 Results on Nov 30, 2023

Now 20% undervalued after recent price drop

Marvell Technology, Inc. to Showcase High-Speed Connectivity Solutions for the AI Era At ECOC 2023

Upcoming dividend of US$0.06 per share at 0.5% yield

Marvell Technology, Inc. Declares Quarterly Dividend Payment, Payable on October 25, 2023

Second quarter 2024 earnings released: US$0.24 loss per share (vs US$0.005 profit in 2Q 2023)

Marvell Technology, Inc. Provides Earnings Guidance for the Third Quarter of 2024

Marvell Technology, Inc. Announces Orion, First 800 Gbps Coherent Digital Signal Processor for Pluggable Modules

Marvell Technology, Inc. Introduces Industry's First 5nm Multi-Gigabit PHY Platform

Marvell Technology, Inc. to Report Q2, 2024 Results on Aug 24, 2023

Upcoming dividend of US$0.06 per share at 0.4% yield

Marvell Technology, Inc. Declares Quarterly Dividend, Payable on July 26, 2023

Marvell Technology, Inc. Delivers Industry's Highest Capacity Central Automotive Ethernet Switches for In-Vehicle Networks

Independent Director recently sold €5.0m worth of stock

First quarter 2024 earnings released: US$0.20 loss per share (vs US$0.20 loss in 1Q 2023)

Marvell Technology, Inc. Provides Earnings Guidance for the Second Quarter Ending July 29, 2023

Marvell Technology, Inc. Announces Changes to Its Board of Directors

Marvell Technology, Inc., Annual General Meeting, Jun 16, 2023

Upcoming dividend of US$0.06 per share at 0.6% yield

Forecast breakeven date pushed back to 2025

Marvell Technology, Inc. to Report Q4, 2023 Results on Mar 02, 2023

Marvell Technology, Inc. Announces Executive Changes

Upcoming dividend of US$0.06 per share

Marvell Technology, Inc. Declares Quarterly Dividend, Payable on January 25, 2023

Marvell Technology, Inc. Introduces Alaska® C X9340P

Third quarter 2023 earnings released: EPS: US$0.016 (vs US$0.075 loss in 3Q 2022)

Marvell Technology, Inc. Provides Earnings Guidance for the Fourth Quarter of Fiscal 2023

Marvell Technology, Inc. Announces Innovative CXL Development Platform for Multi-Host Memory Pooling

Marvell Extends Borderless Enterprise Networking Portfolio to Industrial Applications

Marvell Technology, Inc. to Report Q3, 2023 Results on Dec 01, 2022

Marvell Technology Announces Availability of Active Electrical Cables Powered by its PAM4 DSP Technology

Marvell Technology, Inc. Declares Quarterly Dividend Payment, Payable on October 26, 2022

Marvell Collaborates with Innolight on the Launch of 100G Qsfp-Dd Optical Module Portfolio for 5G Backhaul and Aggregation

Marvell Technology, Inc. to Showcase Cloud-Optimized Optical Connectivity Solutions At Ecoc 2022

Marvell Launches LiquidSecurity 2 Module to Empower Best-in-Class HSM-as-a-Service for the Multi-Cloud Era

Independent Director recently bought €313k worth of stock

Marvell Technology, Inc. Provides Earnings Guidance for the Third Quarter of Fiscal Year 2023

Second quarter 2023 earnings released: EPS: US$0.005 (vs US$0.34 loss in 2Q 2022)

Marvell Announces Appointment of Rebecca House to Board of Directors

Marvell Technology, Inc. to Report Q2, 2023 Results on Aug 25, 2022

Upcoming dividend of US$0.06 per share

Marvell Technology, Inc. Declares Quarterly Dividend, Payable on July 27, 2022

Marvell Introduces Automotive Ethernet Switch with Lockstep Dual-Core Reliability for Safer Vehicles

First quarter 2023 earnings released: US$0.20 loss per share (vs US$0.13 loss in 1Q 2022)

Marvell Technology, Inc. Provides Earnings Guidance for the Three Months Ended July 30, 2022

Marvell Technology, Inc. (NasdaqGS:MRVL) entered into an definitive agreement to acquire Tanzanite Silicon Solutions, Inc.

Marvell Technology, Inc., Annual General Meeting, Jun 23, 2022

Upcoming dividend of US$0.06 per share

Marvell Technology, Inc. Provides Earnings Guidance for the First Quarter of Fiscal 2023

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

Marvell Technology, Inc. Declares Quarterly Dividend, Payable on April 27, 2022

Marvell Announces Production Availability of 400G Silicon Photonics Platform for Inside Cloud Data Centers

Marvell Technology, Inc. Advances No-Compromise 5G Open RAN with Partners at MWC 2022