nattul
Marvell’s (NASDAQ:MRVL) announced CFO reshuffle last week came as a surprise, but should have a limited impact on the investment case. New CFO Willem Meintjes has been groomed to take the helm for a while now, and the transition
Marvell Technology: Fade The CFO Reshuffle
Summary
- Marvell’s CFO departs; as she will be replaced by an internal candidate, though, the outcome is likely status quo.
- The guidance range has also been narrowed, and with the bar already reset significantly lower, the setup into the upcoming earnings report is compelling.
- While Marvell will have to contend with some near-term headwinds, the mid to long-term earnings growth potential remains intact.
Private investor
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