Form 8-K · Current Report · Filed 2025-06-20
Marvell Technology Appoints New Chief Accounting Officer
Marvell Technology, Inc. has announced the appointment of Justin Scarpulla as its new Senior Vice President and Chief Accounting Officer, effective July 21, 2025. Scarpulla, a Certified Public Accountant with extensive experience in the technology sector, will succeed Pani Dixon, who is departing the company on June 27, 2025 to pursue new opportunities. Scarpulla's compensation package includes a base salary of $400,000, an annual incentive bonus target of 53% of his base salary, and a restricted stock unit grant valued at $950,000.
- Filer
- Marvell Technology, Inc. MRVL · NASDAQ
- Filed
- Accession
- 0001193125-25-143288
- CIK
- 0001835632
- Signal
- Medium impactTechnology
- Source
- Official filing on sec.gov ↗
Items reported
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Market reaction
Close before filing
$74.95
Next session
-5.6%
Since filing
+150.2%
Latest close
$187.56
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from MRVL reporting the same item, with the next session's move:
About Marvell Technology, Inc.
Marvell Technology, Inc. is a semiconductor company that develops and supplies a broad array of comprehensive solutions for data infrastructure. The primary purpose of Marvell Technology is to provide innovative silicon and software infrastructure solutions bridging the data center, enterprise networking, carrier infrastructure, and consumer markets. The company is renowned for its expertise in data processing and storage, offering high speed connectivity products and custom ASIC solutions. Marvell's product portfolio significantly impacts sectors such as cloud services, automotive, and industrial applications, contributing to advancements in storage, networking, and connectivity. Established in 1995, Marvell has been pivotal in enhancing the speed and efficiency of data transfer, which is crucial in handling large amounts of data generated across various applications. The company's ability to innovate continually within its field of semiconductor solutions positions it as a key player in driving growth and evolution within the technology industry. By collaborating with leading technology firms and continuously integrating advanced technologies, Marvell plays a critical role in supporting global connectivity and data management.
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