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Home » Marvell Names Dan Durn as CFO, Reaffirms Fiscal Q2 Outlook

Marvell Names Dan Durn as CFO, Reaffirms Fiscal Q2 Outlook

June 12, 2026
in Financials
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Marvell Technology announced that Dan Durn will become Chief Financial Officer effective June 15, 2026, succeeding Willem Meintjes, who will remain in an advisory role through April 2027 to support the transition. Durn resigned from Marvell’s board of directors on June 10 in connection with the appointment. The company also reaffirmed its previously issued financial outlook for the second quarter of fiscal 2027.

The leadership change comes as Marvell continues to position itself at the center of the AI infrastructure market. CEO Matt Murphy credited Meintjes with helping transform Marvell’s finance organization during a decade marked by acquisitions, operational expansion, and growing participation in cloud and AI infrastructure markets. Murphy said Durn’s semiconductor industry background and experience managing finance organizations during periods of growth make him well-suited to support Marvell’s next phase of expansion.

Durn joins Marvell after serving as CFO and Executive Vice President of Finance, Technology, Security and Operations at Adobe. Prior to Adobe, he held CFO roles at Applied Materials, NXP Semiconductors, Freescale Semiconductor, and GlobalFoundries. His appointment brings extensive semiconductor and capital markets experience to Marvell as the company pursues opportunities tied to custom silicon, networking, optical interconnects, and AI infrastructure deployments.

• Dan Durn becomes CFO effective June 15, 2026.

• Willem Meintjes will remain in an advisory capacity through April 2027.

• Durn resigned from Marvell’s board effective June 10, 2026.

• Durn previously served as CFO at Adobe, Applied Materials, NXP Semiconductors, Freescale Semiconductor, and GlobalFoundries.

• Marvell reaffirmed its fiscal second quarter 2027 financial outlook issued on May 27, 2026.

“Having served on our board for the past two years, Dan intimately knows Marvell and its long-term growth strategy,” said Matt Murphy, Chairman and CEO of Marvell. “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.”

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Jim Carroll

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