Overview
- Dan Durn will become Marvell’s chief financial officer effective June 15, 2026, after resigning from the company’s board on June 10.
- Outgoing CFO Willem Meintjes will stay available as an advisor through April 2027 and said he is leaving to spend more time with his family.
- Marvell reaffirmed its second-quarter fiscal 2027 financial outlook at the time of the appointment, signaling no change to near-term guidance.
- Durn joins from Adobe and has prior CFO experience at Applied Materials, NXP and GlobalFoundries, a background the company says suits Marvell’s capital‑intensive, cyclical business.
- Investors have pushed Marvell shares sharply higher this year—about 230% year to date—and the hire will test the company’s ability to meet heightened growth and investor expectations as AI infrastructure demand rises.