secwatch.observer — SEC 8-K summary
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Issuer:     Marvell Technology, Inc. (MRVL)
CIK:        0001835632
Form:       8-K
Filed at:   2025-07-17T23:59:59+00:00
Accession:  0001193125-25-160597
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Marvell promotes Koopmans to President/COO, Bharathi to President of Data Center Group
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- Chris Koopmans expands scope to Worldwide Sales, Corp Dev, and Strategy while leading global business operations.
- Sandeep Bharathi leads Data Center Group (Custom Cloud, Connectivity, Switch, Cloud Optics) and oversees Data Center Engineering.
- Both report directly to CEO Matt Murphy; promotions effective July 15, 2025.
- Base salary raised to $770k, target bonus 120% of salary, RSU grant $8M (4-yr vest), PSU target $12M (TSR vs S&P 500, 5-yr).
- No family relationships or reportable related-party transactions with either executive.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1835632/000119312525160597/0001193125-25-160597-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1835632/000119312525160597/d74729d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-160597

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer