Marvell Technology announced the appointment of Dan Durn as Chief Financial Officer, effective June 15, 2026. Durn succeeds Willem Meintjes, who will remain in an advisory role through April 2027 to support the leadership transition.
Durn resigned from Marvell’s Board of Directors effective June 10 in connection with his appointment. He has served on the board for the past two years and brings more than three decades of financial leadership experience in the semiconductor and technology sectors.
Most recently, Durn served as Chief Financial Officer and Executive Vice President of Finance, Technology, Security and Operations at Adobe. Prior to Adobe, he held CFO positions at Applied Materials, NXP Semiconductors, Freescale Semiconductor, and GlobalFoundries. He also served as a U.S. naval officer for six years, attaining the rank of lieutenant.
Meintjes joined Marvell in 2016 and played a key role in building the company’s finance organization and supporting its growth and transformation over the last decade.
Marvell also reaffirmed its financial outlook for the second quarter of fiscal 2027, which it originally provided on May 27, 2026.
The company, which has operated in the semiconductor industry for more than 30 years, provides data infrastructure technologies used by enterprise, cloud, and carrier customers and is positioning itself to benefit from the growing demand for AI infrastructure.
KEY QUOTES:
“Since I began my role as CEO a decade ago, Willem has been an integral part of Marvell, and his contributions have been instrumental to our strong financial and operational positions. Willem joined Marvell just a few weeks before me in 2016, and I leaned on him considerably, both early on and beyond. During his tenure, Willem helped build our finance organization from the ground up and served as a steady and trusted partner through some of the most consequential periods of growth and transformation in our history. The financial discipline and operational credibility we have today is in no small part a reflection of the work he put in year after year. I deeply appreciate Willem for his partnership and we all wish him well in his next chapter.
Having served on our board for the past two years, Dan intimately knows Marvell and its long-term growth strategy. He has also spent the majority of his career in the semiconductor industry, serving as CFO at GlobalFoundries, Freescale Semiconductor, NXP Semiconductors, and Applied Materials, and brings a level of industry-specific fluency that is rare. He understands how these businesses work, how they scale, and what it takes to lead finance through periods of significant growth. That depth of experience, combined with his understanding of the capital markets and operational demands of businesses at our scale, makes him well-suited to help us continue to win in what we believe is a once-in-a-generation AI infrastructure build-out.”
Matt Murphy, Chairman and CEO of Marvell
“I have long admired Marvell’s technology leadership and the critical role it plays at the center of the AI and data infrastructure ecosystem. I am excited to join the Marvell management team at such a dynamic moment for the Company and the industry. Together with Matt, Marvell leadership, and the finance organization, I look forward to driving continued growth and delivering value for shareholders and customers as Marvell accelerates its AI and data infrastructure strategy.”
Dan Durn, Incoming Chief Financial Officer of Marvell
“After 10 incredible years, I am moving on to spend more time with my family. Working closely alongside Matt and the entire Marvell finance organization has been one of the great privileges of my career, and I’m very proud of what this organization has built together. Dan brings outstanding credentials and a strong understanding of this business that will serve Marvell well. I look forward to supporting him and the team through this transition.”
Willem Meintjes, Outgoing Chief Financial Officer of Marvell
