Sundar PichaiSundar Pichai earned $164M in 2023

Matthew J. Murphy has been the CEO of Marvell Technology, Inc. since July 2016. Under his leadership, Marvell has focused on aligning executive pay with the company's performance and shareholder interests. In 2023, Murphy's total compensation hit an impressive $45...

Quick Links
M

Matthew J. Murphy

CEO of Marvell Technology, Inc.

Sector of Economy

Technology

CEO of Marvell Technology, Inc. for

8 years 10 months (Jul 2016 - Present)

Previous Experience

Unknown

Holdings

See how much did Matthew J. Murphy make over time.

Matthew J. Murphy's holdings in Marvell Technology have seen significant ups and downs, peaking in 2021 when their value soared to over $78 million. His stock trades reveal an acute awareness of market dynamics, as he sold substantial amounts at...

Mar 18, 2025

Total Stock Sold

$62.94M

MRVL

$62.94M

1,340,724 MRVL shares

What if they kept their stock?

If Matthew J. Murphy didn't sell their stock, today they would have:
Extra MRVL1,340,724 shares worth $35.23M.
This is -44.03% and $27.71M less than what they got when they sold the stock.

Charitable Transactions

MRVL

20,000 shares

MRVL

Recent Charitable Transactions

MRVL

20,000 shares

MRVL

Jan 15, 2022

Charity

Insider Trading

See recent insider trades of Matthew J. Murphy.

MRVL

$1.01M

MRVL at $77.63/share

Oct 14, 2024

Purchase

MRVL

$439.74K

MRVL at $73.29/share

Sep 16, 2024

Sale

MRVL

$2.08M

MRVL at $69.18/share

May 15, 2024

Sale

MRVL

$2.06M

MRVL at $68.82/share

Apr 15, 2024

Sale

MRVL

$1.99M

MRVL at $66.17/share

Mar 14, 2024

Sale

MRVL

$2.03M

MRVL at $67.67/share

Feb 15, 2024

Sale

MRVL

$1.97M

MRVL at $65.59/share

Jan 15, 2024

Sale

MRVL

$1.77M

MRVL at $59.00/share

Dec 14, 2023

Sale

MRVL

$1.63M

MRVL at $54.45/share

Nov 16, 2023

Sale

MRVL

$1.60M

MRVL at $53.36/share

Oct 15, 2023

Sale

Compensation History

See how much did Matthew J. Murphy make over time.

In 2023, Matthew J. Murphy's total compensation reached $45 million, a hefty sum that showcases his significant role as CEO of Marvell Technology, Inc. His pay structure emphasizes performance-based metrics, meaning that a large portion comes from vested stocks. For instance, the vesting of RSUs made up around $30 million of his total pay, aligning his interests with those of shareholders. In contrast, during 2022, his compensation was notably lower at about $15 million, which indicates how variable compensation can be tied directly to the company's performance metrics. Moreover, despite not receiving bonuses in some years, Murphy's base salary remained relatively steady, showing stability in his earning potential. This compensation philosophy promotes long-term performance rather than short-term gains, representing a strategic view on how to build value over time for both the CEO and the shareholders.

Year

2023

Total Compensation

$31.16M

Salary

$1.15M

Board Justification

The compensation philosophy is to align executive compensation with performance metrics and shareholder interests, focusing on long-term value creation.

Bonus

$0.00

Board Justification

No bonus was awarded for fiscal year 2024 as the corporate performance metrics were below target.

Other

$5.78K

Board Justification

Other compensation includes 401(k) matching contributions and premiums for basic life insurance.

Restricted Stock

$30.00M(441.53K RSU)

Board Justification

The vested stock includes time-based RSUs and performance-based RSUs that have met performance conditions but remain subject to time-based vesting.

Performance Metrics

The performance metrics for fiscal year 2024 included revenue, non-GAAP gross margin, and non-GAAP operating income margin.