Marvell chief executive, Sehat Sutardja, is set to receive a pay increase and bonuses just one month after the company announced that it was laying off employees. The executive is on track to make $657,000 this year - up $100,000 from last year along with a stock-based bonus and new option grants good for 415,800 shares. As if this wasn't enough, the troubled company also showed four quarters of net losses, a stock price down 27% last year, and an investigation into stock option backdating. Was this new pay deserved? Maybe shareholders will demand a say next time!