Marvell Technology (MRVL) executive compensation, 2026 proxy

Matthew J. Murphy, Board Chairman and Chief Executive Officer, was paid $25.1M in fiscal 2026, down 22% from $32.2M the year before. The CEO-to-median-employee pay ratio was 158:1, on median employee pay of $158,857.

Filed
May 13, 2026
Annual meeting
June 25, 2026
Pay year
fiscal 2026
Named executives
5
CEO total pay
$25.1M-22% vs prior year
CEO to median employee
158:1median $158,857
CEO pay in equity
81%$20.2M in awards
Bharathi total compensation
$48.4MHighest among named executives
Koopmans total compensation
$37.7MSecond-highest named executive
CEO stock awards
$20.2MFiscal 2026 grant-date value
CEO incentive compensation
$3.6MAnnual cash incentive award
Bharathi bonus
$67,000Only reported NEO bonus

How Murphy was paid

$25.1M in total for fiscal 2026, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary5%Stock awards81%Non-equity incentive14%All other compensation0%

Named executive officers

ExecutiveTotal
Matthew J. MurphyBoard Chairman and Chief Executive Officer$25,064,348
Sandeep BharathiPresident, Data Center Group$48,353,967
Willem MeintjesChief Financial Officer$8,581,398
Chris KoopmansPresident and Chief Operating Officer$37,724,447
Mark CasperChief Legal Officer and Secretary$4,007,502

What changed and why

  • $25.1M$25.1 million: CEO total compensation decreased from $32.2 million in fiscal 2025.
  • $20.2M$20.2 million: CEO stock awards decreased from $27.9 million in fiscal 2025.
  • $46.2M$46.2 million: Sandeep Bharathi received the largest stock-award value among named executives.
  • $48.4M$48.4 million: Sandeep Bharathi received the highest total compensation among named executives.
  • TSR and adjusted EPS growth: Performance equity awards used relative performance metrics.
  • 158:1: CEO annual total compensation compared with median employee compensation.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.