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Tech — Hardware

Marvell Technology Executive Compensation (FY26)

MRVL · Wilmington, DE · Executive and director compensation, fiscal 2022 to 2026
Data as of September 7, 2026Latest filing (8-K): June 25, 2026
356 figures on this page: 350 cited to the filing that reported them, 6 calculated from figures it prints. See the citations
Matthew Murphy, Board Chairman and Chief Executive Officer, received $25,064,348 in total compensation for fiscal 2026, and Murphy's total was 22.1% lower than the $32,160,142 reported for fiscal 2025. The disclosed chief executive pay ratio for fiscal 2026 is 158:1, against median employee compensation of $158,857. The say-on-pay proposal drew 55.7% of votes cast including abstentions in favor at the meeting held June 25, 2026 for fiscal 2026. The disclosed peer group includes Advanced Micro Devices, Analog Devices, Arista Networks, Cadence Design Systems and Keysight Technologies, among others.
Chief executive, fiscal 2026
◇
Matthew Murphy
Latest say-on-pay support
=
June 25, 2026
Chief executive pay ratio
◇
To the median employee
What changed from fiscal 2025 to fiscal 2026
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Matthew Murphy: $32,160,142 → $25,064,348 (22.1% lower)
Say-on-pay support: 82.8% → 55.7% (27.1 points lower)
CEO pay ratio: 188:1 → 158:1 (16.0% lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is Marvell Technology's chief executive and what were they paid?
Matthew Murphy, Board Chairman and Chief Executive Officer, received $25,064,348 in total compensation for fiscal 2026. Murphy's total was 22.1% lower than the $32,160,142 reported for fiscal 2025.
What was Marvell Technology's say-on-pay result?
The say-on-pay proposal drew 55.7% of votes cast including abstentions in favor at the meeting held June 25, 2026 for fiscal 2026.
Which companies are in Marvell Technology's peer group?
The disclosed peer group includes Advanced Micro Devices, Analog Devices, Arista Networks, Cadence Design Systems and Keysight Technologies, among others.
What is Marvell Technology's chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2026 is 158:1, against median employee compensation of $158,857.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Matthew Murphy
Director, President and Chief Executive Officer
◇—◇—◇—◇◇
Raghib Hussain
President, Products and Technologies
◇—◇—◇—◇◇
Willem Meintjes
Chief Financial Officer
◇—◇—◇—◇◇
Jean Hu
Former Chief Financial Officer
Departed during or after this year
◇—◇—◇—◇◇
Dan Christman
Executive Vice President, Storage Products Group
◇—◇—◇—◇◇
Chris Koopmans
Chief Operations Officer
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Matthew Murphy
Board Chairman, President and Chief Executive Officer
◇—◇—◇—◇◇
Raghib Hussain
President, Products and Technologies
◇—◇—◇—◇◇
Chris Koopmans
Chief Operations Officer
◇—◇—◇—◇◇
Willem Meintjes
Chief Financial Officer
◇—◇—◇—◇◇
Sandeep Bharathi
Chief Development Officer
◇—◇—◇—◇◇
Mark Casper
Chief Legal Officer & Secretary
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Matthew Murphy
Board Chairman, President and Chief Executive Officer
◇—◇—◇—◇◇
Raghib Hussain
President, Products and Technologies
◇—◇—◇—◇◇
Chris Koopmans
Chief Operating Officer
◇—◇—◇—◇◇
Willem Meintjes
Chief Financial Officer
◇—◇—◇—◇◇
Mark Casper
Chief Legal Officer and Secretary
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Matthew Murphy
Board Chairman, President and Chief Executive Officer
◇—◇—◇—◇◇
Raghib Hussain
President, Products and Technologies
◇—◇—◇—◇◇
Chris Koopmans
Chief Operating Officer
◇—◇—◇—◇◇
Willem Meintjes
Chief Financial Officer
◇—◇—◇—◇◇
Mark Casper
Chief Legal Officer and Secretary
◇—◇—◇—◇◇
Fiscal 2026
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Sandeep Bharathi
President, Data Center Group
◇◇◇—◇—◇◇
Chris Koopmans
President and Chief Operating Officer
◇—◇—◇—◇◇
Matthew Murphy
Board Chairman and Chief Executive Officer
◇—◇—◇—◇◇
Willem Meintjes
Chief Financial Officer
◇—◇—◇—◇◇
Mark Casper
Chief Legal Officer and Secretary
◇—◇—◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2026
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Chris KoopmansRSU◇——◇——◇
Chris KoopmansPSU◇—◇—◇—◇
Chris KoopmansPSU◇—◇—◇—◇
Chris KoopmansRSU◇——◇——◇
Mark CasperRSU◇——◇——◇
Mark CasperPSU◇—◇—◇—◇
Matthew J. MurphyPSU◇—◇—◇—◇
Matthew J. MurphyRSU◇——◇——◇
Sandeep BharathiRSU◇——◇——◇
Sandeep BharathiPSU◇—◇—◇—◇
Sandeep BharathiRSU◇——◇——◇
Sandeep BharathiPSU◇—◇—◇—◇
Sandeep BharathiRSU◇——◇——◇
Sandeep BharathiPSU◇—◇—◇—◇
Sandeep BharathiRSU◇——◇——◇
Sandeep BharathiPSU◇—◇—◇—◇
Willem MeintjesPSU◇—◇—◇—◇
Willem MeintjesRSU◇——◇——◇
Fiscal 2022, 2023, 2024, 2025 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2026 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Chris KoopmansPSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
Matthew MurphyPSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
Sandeep BharathiRSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
Mark CasperPSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
Willem MeintjesRSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Mark Casper
Chief Legal Officer and Secretary · Terms as described in the company’s compensation discussion · citing a 2025 filing
Equity acceleration on change in control◇
Willem Meintjes
Chief Financial Officer · Terms as described in the company’s compensation discussion · citing a 2025 filing
Equity acceleration on change in control◇
Chris Koopmans
President and Chief Operating Officer · Terms as described in the company’s compensation discussion · citing a 2025 filing
Equity acceleration on change in control◇
Matthew Murphy
Board Chairman and Chief Executive Officer · Terms as described in the company’s compensation discussion · citing a 2025 filing
Severance multiple◇
Change-in-control multiple◇
Equity acceleration on change in control◇
Sandeep Bharathi
President, Data Center Group · Terms as described in the company’s compensation discussion · citing a 2026 filing
Change-in-control multiple◇
Benefits continuation on change in control◇

Director compensation

What each non-employee director was paid.
Fiscal 2026
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Brad W. Buss
Lead independent director
◇◇————◇
Daniel Durn
◇◇————◇
Marachel L. Knight
◇◇————◇
Sara Andrews
◇◇————◇
W. Tudor Brown
◇◇————◇
Richard P. Wallace
◇◇————◇
Rebecca House
◇◇————◇
Rajiv Ramaswami
◇◇————◇
Michael Strachan
◇—————◇
Robert E. Switz
◇—————◇
Matthew J. Murphy served on the board in fiscal 2026 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Lead independent director premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2026
  • Advanced Micro Devices AMD
  • Analog Devices ADI
  • Arista Networks ANET
  • Cadence Design Systems CDNS
  • Keysight Technologies KEYS
  • KLA KLAC
  • Lam Research LRCX
  • Microchip Technology MCHP
  • Micron Technology MU
  • NetApp NTAP
  • ON Semiconductor ON
  • Palo Alto Networks PANW
  • Qorvo QRVO
  • Seagate Technology STX
  • Skyworks Solutions SWKS
  • Synopsys SNPS
  • Teradyne TER
  • Texas Instruments TXN
  • Western Digital WDC

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2026June 25, 2026=◇◇◇
2025June 13, 2025=◇◇◇
2024June 20, 2024=◇◇◇
2023June 16, 2023=◇◇◇
2022June 23, 2022=◇◇◇
2021July 16, 2021=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact Marvell Technology disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Marvell Technology sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Say-on-pay responsiveness
Marvell Technology recorded a low support level. The responsiveness analysis covers what the company said it would do, what it did, and how that compares with the companies that recovered their vote.
Responsiveness analysis
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
356 figures on this page: 350 cited to the filing that reported them, 6 calculated from figures it prints.
350 cited to the filing
6 calculated from the filing

Documents cited

  1. 0001628280-26-045564
  2. 0001104659-26-060253
    Chief Executive Officer Pay Ratio · Compensation Discussion and Analysis · Compensation of Directors · Compensation of Named Executive Officers · and 5 more sections
  3. 0001193125-25-140767
  4. 0001104659-25-043088
    Compensation Discussion and Analysis · Compensation of Named Executive Officers
  5. 0001835632-24-000097
  6. 0001104659-24-058658
    Compensation of Named Executive Officers · Summary Compensation Table
  7. 0001193125-23-169006
  8. 0001104659-23-055484
    Compensation of Named Executive Officers
  9. 0001193125-22-181748
  10. 0001193125-21-219644
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Marvell Technology executive compensation, FY2022–FY2026.” https://intel.velarion.ai/comp/MRVL (accessed 2026).
Short form: data: Velarion
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Tech — Hardware rankings

Chief executive pay — Tech — HardwareCEO pay ratio — Tech — HardwareSay-on-pay support — Tech — Hardware

Peers Marvell Technology discloses

The companies named in MRVL's own disclosed peer group.

Advanced Micro DevicesAnalog DevicesCadence Design SystemsKLALam ResearchMicron TechnologyNetAppON SemiconductorPalo Alto NetworksQorvoSeagate TechnologySkyworks SolutionsSynopsysTeradyneTexas InstrumentsWestern Digital

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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