Marvell Technology, Inc.
Marvell Technology Appoints New Director Rajiv Ramaswami
Summary
Marvell Technology, Inc. announced the appointment of Rajiv Ramaswami to its Board of Directors, effective July 22, 2025. Ramaswami, an accomplished technology executive with over 30 years of experience in software, cloud services, and network infrastructure, brings valuable leadership and strategic perspective to Marvell. He will participate in all director compensation and benefit programs, including an annual director retainer of $100,000 and an annual equity grant of restricted stock units valued at $250,000. The press release announcing this appointment is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
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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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