Marvell Technology, Inc. Announces Changes to Its Board of Directors
April 20, 2022 at 08:30 am EDT
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Marvell Technology, Inc. announced the appointment of Sara Andrews, Chief Information Security Officer at Experian, to its board of directors. In addition, incumbent director Bethany Mayer, who joined the Marvell Board in 2018, has chosen to not stand for reelection at the upcoming Annual Meeting of Stockholders which is currently scheduled for June 23, 2022. In addition to her role on Marvell's Board, Ms. Andrews serves as the Chief Information Security Officer at Experian.
She is also on the Board of Directors at Mandiant and has previously served on the Board of LogMeIn. Prior to joining Experian, Sara served as the Senior Vice President and Chief Information Security Officer at PepsiCo, Inc., where she was responsible for safeguarding networks and data across all PepsiCo business units and brands globally. She served as Chief Network Security Officer of Verizon Communications, Inc. from 1997 to 2014, during which time she led several organizations responsible for the security of all Verizon wireline networks serving Verizon's residential, small business and enterprise customers.
Marvell Technology Group Ltd specializes in designing and marketing integrated communications and storage circuits intended for manufacturers of high-speed network equipment, hard disks, and consumer electronics. Net sales break down by area of application as follows:
- data centers (40.7%): artificial intelligence systems, data storage systems, Ethernet switches, servers, interconnection systems, etc.;
- enterprise networks (23.1%): routers, Ethernet switches, wireless access points, network equipment, workstations, etc. for campuses, small and medium-sized enterprises;
- telecom network infrastructures (18.3%): access multiplexers, Ethernet switches, optical transport systems, routers, wireless radio network access systems, etc.;
- consumer electronics (11.9%): broadband gateways and routers, game console systems, home data storage systems, home wireless access points, personal computer systems, printers and receiver terminals;
- automotive and industrial (6%): advanced driver assistance systems, autonomous vehicle systems, embedded network systems, industrial Ethernet switches, video surveillance systems.
Net sales are distributed geographically as follows: the United States (11.7%), China (42%), Malaysia (6.6%), Thailand (6.6%), Singapore (5.6%), Taiwan (4.9%), Japan (4.4%), Finland (3.2%), Philippines (2.9%) and other (12.1%).