Marvell Technology Group CEO Matthew Murphy's 2019 pay rises 15% to $7.2M
Marvell Technology Group reports 2019 executive compensation
By ExecPay News
Published: May 16, 2019
Marvell Technology Group reported fiscal year 2019 executive compensation information on May 16, 2019.
In 2019, five executives at Marvell Technology Group received on average a compensation package of $3.6M, a 3% increase compared to previous year.
Average pay of disclosed executives at Marvell Technology Group
Matthew J. Murphy, Chief Executive Officer, received $7.2M in total, which increased by 15% compared to 2018. 77% of Murphy's compensation, or $5.6M, was in stock awards. Murphy also received $816K in non-equity incentive plan, $792K in salary, as well as $4.7K in other compensation.
For fiscal year 2019, the median employee pay was $162,933 at Marvell Technology Group. Therefore, the ratio of Matthew J. Murphy's pay to the median employee pay was 44 to one.
Raghib Hussain, EVP, Networking and Processors Group and Chief Strategy Officer, received a compensation package of $3.9M. 87% of the compensation package, or $3.4M, was in stock awards.
Jean Hu, Chief Financial Officer, earned $2.8M in 2019, a 7% increase compared to previous year.
Neil Kim, Chief Technology Officer, received $2.4M in 2019, which decreases by 52% compared to 2018.
Mitchell Gaynor, Secretary, earned $2M in 2019, a 4% decrease compared to previous year.
Marvell Technology Group's fiscal year ends on February 1.
Related executives
Matthew Murphy
Marvell Technology Group
Chief Executive Officer
Jean Hu
Marvell Technology Group
Chief Financial Officer
Neil Kim
Marvell Technology Group
Chief Technology Officer
Mitchell Gaynor
Marvell Technology Group
Secretary
Raghib Hussain
Marvell Technology Group
EVP, Networking and Processors Group and Chief Strategy Officer
You may also like
Source: SEC filing on May 16, 2019.