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The Front Office

Scouting report · MRVL

Daniel Durn

  • EVP & Chief Financial Officer, MRVL since 2026-06src

Marvell CFO since June 2026; before that CFO of Adobe, Applied Materials and NXP

—thin record

Not ranked yet

Scouting sheet

as of 24 Sep 2026
Delivers guidance—no promises on the record yet
Answers the question910 dodges in 1 answers on 1 call
Capital allocation—company five-year record: neutral — inherited: the five-year record is mostly a predecessor's
Pay design—revenue, margin, relative tsr, eps, time only
Skin in the game—no holding or price on file
Age
59src
In the role
4 mo
Promises scored
0
Hit rate
—
Dodges / 100 answers
0.0
Airtime on calls
18%
Every promise, oldest firstno scored promises yet

What to weigh

Watch 4

  • He went straight from chairing Marvell's Audit Committee to signing as its CFO. That gives continuity, but the person who oversaw the auditors now runs the numbers they auditsrc
  • He was appointed on five days' notice of his predecessor's resignation (notice 2026-06-10, effective 2026-06-15), two weeks after the Q1 FY2027 GAAP EPS miss that S8 row 10 recordssrc
  • Sign-on package: $850k salary, 120% target bonus, $1m cash sign-on, and four 25,877-unit RSU grants. Three are time-based (vesting over one, two and four years). Only the fourth, the PSU, is performance-based: relative TSR vs the S&P 500 with an EPS multiplier, cliff-vesting 2029-06-15src
  • Sold 2,250 shares on the open market on 2026-06-23, eight days after he started as CFO, at a $281.01 weighted average ($632k). The filing does not mark it as a 10b5-1 salesrc

In their favour 1

  • Deep semiconductor finance background (GLOBALFOUNDRIES, Freescale, NXP, Applied Materials) before Adobesrc

Career

  1. 2026 – now
    Marvell Technologysrc
    EVP & Chief Financial Officer
    Effective 2026-06-15, on five days' notice of Willem Meintjes' resignation
  2. 2024 – 2026
    Marvell Technologysrc
    Independent director; Audit Committee chair
    Director from April 2024; resigned from the board 2026-06-10 to become CFO (DEFA14A-2026-06-11)
  3. 2021 – 2026
    Adobe Inc.src
    CFO and EVP, Finance, Technology, Security and Operations
    October 2021 to June 2026
  4. 2017 – 2021
    Applied Materialssrc
    SVP & CFO
    August 2017 to October 2021
  5. 2015 – 2017
    NXP Semiconductorssrc
    EVP & CFO
    December 2015 to August 2017, after the NXP-Freescale merger
  6. 2014 – 2015
    Freescale Semiconductorsrc
    SVP & CFO
    Selected April 2014, took over CFO duties June 2014

Undated in the sources

  • GLOBALFOUNDRIESsrc, CFO & EVP, Finance and Administration
  • Advanced Technology Investment Company (ATIC) / Mubadala Technology Fundsrc, Head of M&A and Strategy (Managing Director)
  • Goldman Sachssrc, Vice President, M&A, technology practice
  • U.S. Navysrc, Officer, six years; left as lieutenant

Not located: Dates before 2014 (GLOBALFOUNDRIES start, ATIC/Mubadala, Goldman Sachs, Navy service) not located in any source searched. The ten years back to 2016 are fully dated

Achievements

  • Public-company CFO for twelve years running across five companies: Freescale, NXP, Applied Materials, Adobe and now Marvellsrc
  • Was Applied Materials' CFO from August 2017 to October 2021src
  • At ATIC he helped execute the $8bn investment in GLOBALFOUNDRIES and the $3bn investment in Chartered Semiconductor, then became GLOBALFOUNDRIES' CFOsrc
  • Was named an Audit Committee financial expert while on Marvell's boardsrc

Education

  • U.S. Naval Academy, BS Control Systems Engineeringsrc
  • Columbia Business School, MBA Financesrc

Background

  • Family The appointment 8-K states no family relationships with any Marvell director or executive officer and no Item 404(a) related-party interestsrc
  • Service U.S. Naval Academy graduate; six years in the Navy, reaching lieutenantsrc
  • Boards Marvell director April 2024 to June 2026, Audit Committee chair. The board judged him independent while he was Adobe's CFO, although Marvell bought from Adobe (under 1% of either company's revenue)src

The promise ledger

No promise on the record yet: the research routine has not scored this company's guidance.

Questions dodged

0.0 per 100 answers

None logged on the calls reviewed.

Calls reviewed

  • FY2027-Q2.roic.json — 1 answers, 18% of the words

Sources

10
  1. Filing Marvell Technology 8-K Item 5.02, Meintjes resigns, Durn appointed CFO (0001193125-26-267688) · 2026-06-11
  2. Filing Marvell Technology DEFA14A proxy supplement, Durn withdrawn as director nominee (0001193125-26-267699) · 2026-06-11
  3. Filing Marvell Technology DEF 14A, 2026 annual meeting (0001104659-26-060253): director biography, independence and ownership · 2026-05-13
  4. Filing Freescale Semiconductor 8-K Ex. 99.1, Dan Durn appointed CFO (0001299933-14-000636) · 2014-04-24
  5. Filing SEC XBRL companyconcept us-gaap/NetIncomeLoss, CIK 1835632 (FY2026 10-K, 0001835632-26-000011) · 2026-03-11
  6. Filing SEC XBRL companyconcept dei/EntityCommonStockSharesOutstanding, CIK 1835632 (876.9m at 2026-08-21) · 2026-08-28
  7. Filing Form 4, Daniel Durn (reporting CIK 1610062), director RSU vesting and CFO sign-on RSU grants of 2026-06-10 (0001628280-26-042758) · 2026-06-12
  8. Filing Form 4, Daniel Durn, open-market sale of 2026-06-23 (0001628280-26-044905) · 2026-06-23
  9. Filing Form 4, Daniel Durn, RSU vesting and tax withholding of 2026-09-15 (0001628280-26-062334) · 2026-09-16
  10. Call transcript MRVL Q2 FY2027 earnings call (2026-08-27), ROIC.ai; his first call as CFO