Marvell annual meeting: say-on-pay passes with 56% support amid shareholder concerns

Filed June 25, 2026 · Period ending June 25, 2026 · ~1 min read

Key Changes

• high

  Advisory vote on executive compensation passed with only 56% support (328M for, 259M against), indicating significant shareholder dissatisfaction with pay practices. While non-binding, this elevated opposition typically prompts board review of compensation policies.

  Item 5.07 — Submission of Matters to a Vote of Security Holders verify on EDGAR →
• medium

  Shareholder proposal for independent board chairman rejected with 37% support (216M for, 369M against), showing meaningful minority favor separating chairman and CEO roles currently held by Matthew Murphy.

  Item 5.07 — Submission of Matters to a Vote of Security Holders verify on EDGAR →
• medium

  All seven directors elected for one-year terms with 95-99% support. CEO Murphy received lowest support at 95% (562M for, 23M against), President Ramaswami highest at 99.8%.

  Item 5.07 — Submission of Matters to a Vote of Security Holders verify on EDGAR →