Chipmaker Marvell appoints Richard Hill chairman

May 2, 2016 9:23 PM

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May 2 Chipmaker Marvell Technology Group Ltd has appointed Richard Hill its chairman, as part of an agreement it reached with activist hedge fund Starboard Value LP last week.

Marvell had reached an agreement with Starboard to add to its board three independent directors nominated by the hedge fund.

Also read: Tata replaces Cyrus Mistry as chairman with Ratan Tata

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