Total Compensation of Top Executives at Marvell

In a SEC filing (page 42) posted on May 3, 2023, Marvell Technology Inc. revealed the salaries and total compensations earned by its executive officers for FY21, FY22 and FY23. We added the former figures from FY17 to FY20.

In FY23, revenue were up 33% from FY22 at $5,920 million, with $163.5 million net loss.

Name and Position	Year	Salary in $	Total Compensation in $	Y/Y Growth
Matthew J. Murphy, director, president and CEO	2017	403,846	14,499,853	NA
	2018	764,423	6,228,496	-57%
	2019	792,308	7,166,309	15%
	2020	976,940	20,624,344	188%
	2021	934,615	14,615,795	*-29%*
	2022	991,731	15,510,223	6%
	2023	1,058,154	22,442,578	*45%*
Raghib Hussain,president products and technologies	2019	261,346	3,853,180	NA
	2020	538,606	10,877,815	*182%*
	2021	567,308	6,205,507	*-43%*
	2022	595,865	11,692,076	*88%*
	2023	633,231	12,981,360	*11%*
William Meintjes, CFO*	2023	440,646	7,443,646	NA
Jean Hu, CFO	2017	188,654	2,072,543	NA
	2018	458,654	2,646,538	*28%*
	2019	475,385	2,821,412	7%
	2020	508,849	5,734,734	*103%*
	2021	534,615	4,062,125	*-29%*
	2022	570,865	5,009,501	*23%*
	2023	616,692	10,369,577	*107%*
Chris Koopmans, COO*	2022	465,038	3,159,039	NA
Chris Koopmans, COO*	2023	528,154	10,172,785	*222%*
Dan Christman, EVP storage business group	2020	472,929	3,881,730	NA
	2021	456,923	2,861,531	-26%
	2022	476,692	3,467,024	21%
	2023	504,923	9,335,816	169%

Meintjes was not an executive officer in 2021 or 2022. Koopmans was not an executive officer in 2021.