Courtesy of Benzinga.
Marvell Technology Group Ltd. (NASDAQ: MRVL), a leading global fabless semiconductor company, today announced that its Board of Directors has appointed Weili Dai as president of the company, effective July 14, 2013.
“Since Weili Dai co-founded Marvell, she has been a driving force for the company’s success. Her dedication to our customers, partners and stakeholders is widely recognized by the industry. Weili brings to the leadership role a long-term vision, integrity, strong principles, unrelenting drive, customer focus and passion for Marvell,” said Dr. Sehat Sutardja, Chairman and CEO of Marvell. “We are very thankful for Weili’s contributions to the tremendous success of Marvell since its inception. Furthermore, we now look forward to her continued leadership and increased role through our next stage of growth as our president.”