Marvell appoints KLA CEO Rick Wallace and Adobe CFO Daniel Durn to board

Marvell Technology, Inc.

Rick Wallace (KLA CEO) and Daniel Durn (Adobe CFO) joined Marvell's board effective April 25, 2024.
Both will stand for election at Marvell's 2024 annual meeting expected on June 20, 2024; the board determined each is independent.
They receive annual retainer of $100,000, annual RSU grant of $235,000, and a prorated initial RSU award vesting at the 2024 annual meeting.
Wallace brings 36 years in semiconductor equipment; Durn adds 10 years as a public-company CFO and semiconductor industry experience.
CEO Matt Murphy cited their expertise in advancing Marvell's AI-era data infrastructure strategy.

item 5.02 item 9.01

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Appointed

Rick Wallace

Director

MRVL · Marvell Technology, Inc.

Effective: 2024-04-25
Filed: April 29, 2024, 7:59 PM ET

The Board of Directors (the “Board”) of Marvell Technology, Inc. (the “Company”) approved the appointments of Rick Wallace and Daniel Durn to the Board effective April 25, 2024.

Appointed

Daniel Durn

Director

MRVL · Marvell Technology, Inc.

Effective: 2024-04-25
Filed: April 29, 2024, 7:59 PM ET

The Board of Directors (the “Board”) of Marvell Technology, Inc. (the “Company”) approved the appointments of Rick Wallace and Daniel Durn to the Board effective April 25, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Rick Wallace was appointed as Director at Marvell Technology, Inc..

Action: appointed
Role: Director

Exact text from the filing

The Board of Directors (the “Board”) of Marvell Technology, Inc. (the “Company”) approved the appointments of Rick Wallace and Daniel Durn to the Board effective April 25, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Daniel Durn was appointed as Director at Marvell Technology, Inc..

Action: appointed
Role: Director

Exact text from the filing

The Board of Directors (the “Board”) of Marvell Technology, Inc. (the “Company”) approved the appointments of Rick Wallace and Daniel Durn to the Board effective April 25, 2024.

View on SEC.gov

Marvell Technology, Inc. filing history →

Source: SEC EDGAR

accession 0001835632-24-000038

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