CEO Salary & Executive Compensation
Marvell Technology MRVL
CEO: Matt Murphy · Semiconductors · 7,550 employees
Matt Murphy, CEO of Marvell Technology (MRVL), earned $8.0M in total compensation in 2021. Marvell Technology receives a Pay-for-Performance grade of C (54/100), with a CEO-to-worker pay ratio of 57:1 and a say-on-pay shareholder approval of 89.0%. The company's 3-year total shareholder return is -12.7%.
How Marvell Technology CEO Pay Compares
Matt Murphy's $8.0M total compensation is 39% below the Semiconductors industry median of $13.1M. The 57:1 CEO-to-worker pay ratio is 43% lower than the industry average of 101:1.
Total compensation for Matt Murphy at Marvell Technology (MRVL) was $8.0M. Mid-cap public-company CEO packages tend to track this pattern — equity-heavy, multi-year vesting, performance-tied.
The CEO-to-median-worker pay ratio runs 57x. Lower ratios typically reflect companies with higher-paid workforces (financial services, technology, professional services) where the median worker pay denominator is itself substantial. Three-year performance has been negative: TSR of -12.7% and -6.0% revenue change. Significant CEO compensation alongside negative shareholder returns is the most controversial pay pattern and is the central case for proxy-advisor pay-for-performance opposition.
Say-on-pay support was strong at 89%. The Dodd-Frank-mandated advisory vote on executive compensation passes at most U.S. public companies with comfortable margins; meaningful dissent typically requires either pay-performance misalignment or specific governance concerns. Marvell Technology operates in Semiconductors with 7,550 employees and $5.5B in annual revenue, and currently carries a market capitalization of $65.0B. Pay comparisons across companies require controlling for these structural factors — a $20M package at a $10B-revenue tech company reads differently than the same package at a $1B-revenue industrial.
Source: SEC EDGAR — DEF 14A proxy statements for Marvell Technology (MRVL).
Compensation Breakdown
Matt Murphy's $8.0M total compensation package for fiscal year 2021 includes $800K in base salary, $4.0M in stock awards, $960K in option awards, and $1.2M in bonus and non-equity incentives.
Compensation History
| Year | Salary | Bonus | Stock Awards | Options | Non-Equity | Other | Total |
|---|---|---|---|---|---|---|---|
| 2021 | $800K | - | $4.0M | $960K | $1.2M | $880K | $8.0M |
| 2020 | $800K | - | $4.0M | $960K | $1.2M | $880K | $8.0M |
| 2019 | $800K | - | $4.0M | $960K | $1.2M | $880K | $8.0M |
| 2018 | $800K | - | $4.0M | $960K | $1.2M | $880K | $8.0M |
All compensation data is sourced from SEC DEF 14A proxy filings submitted to EDGAR. The Economic Policy Institute's CEO pay analysis provides additional context on executive compensation trends across industries.
Named Executive Officers
Peer CEO Compensation
Matt Murphy, CEO of Marvell Technology (MRVL), earns $8.0M in total compensation. This includes base salary, stock awards, option awards, and other incentives as reported in the company's most recent DEF 14A proxy statement.
Frequently Asked Questions
Matt Murphy, CEO of Marvell Technology (MRVL), earns $8.0M in total compensation. This includes base salary, stock awards, option awards, and other incentives as reported in the company's most recent DEF 14A proxy statement.
Marvell Technology has a Pay-for-Performance Score of C (54/100). The company's 3-year total shareholder return is -12.7%, and the say-on-pay shareholder vote passed with 89.0% approval.
The CEO-to-median-worker pay ratio at Marvell Technology is 57:1. The median worker at Marvell Technology earns $140K per year, while CEO Matt Murphy earns $8.0M in total compensation.
Marvell Technology employs approximately 7,550 people. The company operates in the Semiconductors industry within the Technology sector, generating $5.5B in annual revenue.