-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, PpTiC5ur6ozneQWqiImvPTRPLVkHXfjvwJRl82DLZz5ZO1g55G7cp3KvtgChGARO OAERUOeLrzTVF4Li/PpoXQ== 0001104659-08-007398.txt : 20080206 0001104659-08-007398.hdr.sgml : 20080206 20080205201244 ACCESSION NUMBER: 0001104659-08-007398 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20080204 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20080206 DATE AS OF CHANGE: 20080205 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MARVELL TECHNOLOGY GROUP LTD CENTRAL INDEX KEY: 0001058057 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 770481679 STATE OF INCORPORATION: D0 FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-30877 FILM NUMBER: 08578809 BUSINESS ADDRESS: STREET 1: CANON'S COURT STREET 2: 22 VICTORIA STREET CITY: HAMILTON HM 12 STATE: D0 BUSINESS PHONE: 4412966395 8-K 1 a08-4612_18k.htm 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported):  February 4, 2008

 

MARVELL TECHNOLOGY GROUP LTD.

(Exact name of registrant as specified in its charter)

 

Bermuda

(State or Other Jurisdiction
of Incorporation)

 

0-30877

(Commission File Number)

 

77-0481679

(I.R.S. Employer
Identification No.)

 

Canon’s Court

22 Victoria Street

Hamilton HM 12

Bermuda

(Address of principal executive offices)

 

(441) 296-6395

(Registrant’s telephone number,
including area code)

 

N/A

(Former name or former address, if changed since last report.)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions (see General Instruction A.2. below):

 

o  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240-13e-4(c))

 

 

 



 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

Election of Director

 

On February 4, 2008, the board of directors (the “Board”) of Marvell Technology Group Ltd. (the “Company”) elected David W. Mills to serve as a member of the Company’s Board, effective as of the same day. Mr. Mills was appointed for a term that extends until the 2008 annual meeting of the shareholders.  Mr. Mills was also appointed to serve on the Governance Committee of the Board.

 

David W. Mills has served as the managing general partner of Harbourton Enterprises, a private investment firm, since April 1999.  He has been a member of the faculty of Stanford Law School since 1997 and is currently holding the appointment as Senior Lecture. He was the founder and has served as the first Director of the Stanford Clinical Law Program.  Mr. Mills founded Mills & Lynn Enterprises in 1987 where he served as general partner from 1988 to 2006 and as president since 2006.  He also serves as a member of the board of several non-profit organizations, including Quest Bridge and the NAACP Legal Defense Fund, of which he is co-chairman.  Mr. Mills holds a bachelor of arts degree from Rutgers University and a juris doctor degree from Rutgers-Newark Law School.

 

The election to the Board of Mr. Mills was not pursuant to any arrangement or understanding between Mr. Mills and any third party.

 

As of the date of this report, neither Mr. Mills nor any member of his immediate family is a party, either directly or indirectly, to any transaction that the Company is aware of that is required to be reported pursuant to Item 404(a) of Regulation S-K under the Securities Exchange Act of 1934.

 

No new compensation arrangement was entered into in connection with the appointment to the Board of Mr. Mills.  Mr. Mills will receive the Company’s standard compensation arrangements applicable to a director who is not an employee of the Company, as well as automatic grants of options for common shares in accordance with the terms of the 2007 Director Stock Incentive Plan, as disclosed in the Company’s 2007 Proxy Statement on Schedule 14A (the “2007 Proxy Statement”), filed with the Securities and Exchange Commission on September 14, 2007. The 2007 Director Stock Incentive Plan was amended on October 19, 2007 and is filed as an exhibit to the Company’s Current Report on Form 8-K, dated October 19, 2007 and filed with the Securities and Exchange Commission on October 25, 2007.

 

The Board has determined that Mr. Mills will qualify as “independent” under the guidelines promulgated by the Nasdaq Stock Market, Inc. and the applicable Securities and Exchange Commission rules.

 

The election of Mr. Mills was announced in the press release attached hereto as Exhibit 99.1 and incorporated by reference herein.

 

Item 9.01 Financial Statements and Exhibits

 

(d)  Exhibits.

 

99.1 Press Release, dated February 5, 2008.

 

2



 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Dated:  February 5, 2008

 

 

MARVELL TECHNOLOGY GROUP LTD.

 

 

 

 

By:

/s/ George de Urioste

 

 

George de Urioste

 

 

Interim Chief Financial Officer

 

3



 

EXHIBIT INDEX

 

Exhibit No.

 

Description

 

 

 

99.1

 

Press Release, dated February 5, 2008.

 

 

 

 

 


 

 

EX-99.1 2 a08-4612_1ex99d1.htm EX-99.1

 

Exhibit 99.1

 

For more information contact:

 

Jeff Palmer

Marvell Investor Relations

408-222-8373

jpalmer@marvell.com

 

Dianne Vanasse

Marvell Public Relations

408-242-0027

dvanasse@marvell.com

 

Louise Kehoe

Ogilvy PR Worldwide

650-544-5070

louise.kehoe@ogilvypr.com

 

David W. Mills Joins Marvell Technology Group’s Board of Directors

 

Santa Clara, California (February 5, 2008)—Marvell Technology Group Ltd., a leader in storage, communications, and consumer silicon solutions, has elected David W. Mills to serve as a member of the Company’s Board, effective immediately. The Marvell Board of Directors also announced that it has appointed Mr. Mills to serve on the governance Committee of the Board.

 

“I am very pleased to congratulate and welcome David to Marvell’s Board of Directors,” said Sehat Sutardja, Marvell’s Chairman, President and Chief Executive Officer. “David is a highly qualified executive with extensive experience in business and finance. I am confident that his leadership and business acumen, as well as his background in the law, will be a great asset to the Board and to all of Marvell.”

 

“It is an honor to be a part of the Marvell Board of Directors,” said Mr. Mills. “I am eager to work with my fellow Board members and to help Marvell capitalize on the great opportunities ahead.”

 

David W. Mills has served as the managing general partner of Harbourton Enterprises, a private investment firm, since April 1999. He has been a member of the faculty of Stanford Law School since 1997 and is currently holding the appointment as Senior Lecturer. He was the founder and has served as the first Director of the Stanford Clinical Law Program.  Mr. Mills founded Mills & Lynn Enterprises in 1987 where he served as general partner from 1988 to 2006 and as president since 2006. He also serves as a member of the board of several non-profit organizations, including Quest Bridge and the NAACP Legal Defense Fund, of which he is co-chairman. Mr. Mills holds a bachelor of arts degree from Rutgers University and a juris doctor degree from Rutgers-Newark Law School.

 

About Marvell

 

Marvell (NASDAQ: MRVL) is a leader in development of storage, communications and consumer silicon solutions. Marvell’s diverse product portfolio includes switching, transceiver, communications controller, wireless and storage solutions that power the entire communications infrastructure including enterprise, metro, home and storage networking. As used in this release, the term “Marvell” refers to Marvell Technology Group Ltd. and its subsidiaries.  For more information visit www.marvell.com.

 

Marvell® is a registered trademark of Marvell or its affiliates.

 


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