---
schema_version: "secwatch.filing_event.v1"
accession: "0001835632-24-000038"
form_type: "8-K"
ticker: "MRVL"
cik: "0001835632"
company_name: "Marvell Technology, Inc."
filed_at: "2024-04-29T23:59:59+00:00"
generated_at: "2026-06-03T05:43:45.703128+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001835632-24-000038
- form_type: 8-K
- ticker: MRVL
- cik: 0001835632
- company_name: Marvell Technology, Inc.
- filed_at: 2024-04-29T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1835632/000183563224000038/0001835632-24-000038-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1835632/000183563224000038/mrvl-20240425.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001835632-24-000038
- JSON: https://secwatch.observer/filing/0001835632-24-000038.json
- Plain text: https://secwatch.observer/filing/0001835632-24-000038.txt

## Key facts
- Executive change
  Rick Wallace was appointed as Director at Marvell Technology, Inc..
  - Action: appointed
  - Role: Director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1835632/000183563224000038/0001835632-24-000038-index.htm
- Executive change
  Daniel Durn was appointed as Director at Marvell Technology, Inc..
  - Action: appointed
  - Role: Director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1835632/000183563224000038/0001835632-24-000038-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.