Broadcom Management

Management criteria checks 2/4

Broadcom's CEO is Hock Tan, appointed in Mar 2006, has a tenure of 18.67 years. total yearly compensation is $161.83M, comprised of 0.7% salary and 99.3% bonuses, including company stock and options. directly owns 0.043% of the company’s shares, worth €340.29M. The average tenure of the management team and the board of directors is 6 years and 6.9 years respectively.

Key information

Hock Tan

Chief executive officer

US$161.8m

Total compensation

CEO salary percentage	0.7%
CEO tenure	18.7yrs
CEO ownership	0.04%
Management average tenure	6yrs
Board average tenure	6.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Hock Tan's remuneration changed compared to Broadcom's earnings?
Date	Total Compensation	Salary	Company Earnings
Aug 04 2024	n/a	n/a	US$5b
May 05 2024	n/a	n/a	US$10b
Feb 04 2024	n/a	n/a	US$12b
Oct 29 2023	US$162m	US$1m	US$14b
Jul 30 2023	n/a	n/a	US$14b
Apr 30 2023	n/a	n/a	US$14b
Jan 29 2023	n/a	n/a	US$13b
Oct 30 2022	US$61m	US$1m	US$11b
Jul 31 2022	n/a	n/a	US$10b
May 01 2022	n/a	n/a	US$9b
Jan 30 2022	n/a	n/a	US$8b
Oct 31 2021	US$61m	US$1m	US$6b
Aug 01 2021	n/a	n/a	US$6b
May 02 2021	n/a	n/a	US$5b
Jan 31 2021	n/a	n/a	US$4b
Nov 01 2020	US$4m	US$1m	US$3b
Aug 02 2020	n/a	n/a	US$2b
May 03 2020	n/a	n/a	US$2b
Feb 02 2020	n/a	n/a	US$3b
Nov 03 2019	US$2m	US$1m	US$3b
Aug 04 2019	n/a	n/a	US$3b
May 05 2019	n/a	n/a	US$3b
Feb 03 2019	n/a	n/a	US$7b
Nov 04 2018	US$5m	US$1m	US$12b

Compensation vs Market: Hock's total compensation ($USD161.83M) is above average for companies of similar size in the Austrian market ($USD4.32M).

Compensation vs Earnings: Hock's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Hock Tan (72 yo)

18.7yrs

Tenure

US$161,826,161

Compensation

Mr. Hock E. Tan serves as Independent Director of Meta Platforms, Inc. since February 14, 2024. He has been President, Chief Executive Officer and Director at Broadcom Inc. since March 2006. Mr. Tan is Pre...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Hock Tan	President	18.7yrs	US$161.83m	0.043% € 340.3m
Kirsten Spears	CFO & Chief Accounting Officer	3.9yrs	US$15.24m	0.0022% € 17.7m
Mark Brazeal	Chief Legal & Corporate Affairs Officer	7.7yrs	US$15.49m	0.0012% € 9.8m
Charlie Kawwas	President of Semiconductor Solutions	2.3yrs	US$49.68m	0.016% € 125.9m
Alan Davidson	Chief Information Officer	4.8yrs	no data	no data
Ji Yoo	Director of Investor Relations	no data	no data	no data
Jill Turner	Vice President of Human Resources	no data	no data	no data
Frank Ostojic	Senior VP & GM of ASIC Products Division	17.8yrs	no data	no data
Rich Nelson	Senior VP & GM of Broadband Video Group	1.3yrs	no data	no data
Ed Redmond	Senior VP & GM of Compute & Connectivity Division	no data	no data	no data
Ram Velaga	Senior VP & GM of Core Switching Group	no data	no data	no data
Mark Gonikberg	Senior VP and GM of Wireless Communications & Connectivity	7.1yrs	no data	no data

6.0yrs

Average Tenure

58yo

Average Age

Experienced Management: BROA's management team is seasoned and experienced (6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Hock Tan	President	18.7yrs	US$161.83m	0.043% € 340.3m
Kenneth Hao	Independent Director	less than a year	US$245.67k	0.024% € 188.8m
Justine Page	Independent Director	5.4yrs	US$389.21k	0.00054% € 4.2m
Eddy Hartenstein	Lead Independent Director	8.8yrs	US$482.96k	0.0011% € 8.5m
Henry Samueli	Independent Chairman of the Board	8.8yrs	no data	1.11% € 8.7b
Gayla Delly	Independent Director	6.9yrs	US$374.21k	0.00070% € 5.5m
Harry You	Independent Director	5.8yrs	US$392.34k	0.00075% € 5.9m
Check Kian Low	Independent Director	7.9yrs	US$369.21k	0.0034% € 26.8m
Diane Bryant	Independent Director	5.8yrs	US$359.21k	0.00043% € 3.4m

6.9yrs

Average Tenure

65yo

Average Age

Experienced Board: BROA's board of directors are considered experienced (6.9 years average tenure).

Broadcom Management

Management criteria checks 2/4

Key information

Recent management updates

Chief Legal & Corporate Affairs Officer recently sold €3.3m worth of stock

President recently sold €1.5m worth of stock

President recently sold €7.3m worth of stock

President of Semiconductor Solutions recently sold €4.3m worth of stock

President of Semiconductor Solutions recently sold €6.2m worth of stock

Lead Independent Director recently sold €3.7m worth of stock

Recent updates

Broadcom Inc. to Report Q4, 2024 Results on Dec 12, 2024

Broadcom Unveils VeloRAIN, an Industry-First for Robust Ai Networking Beyond the Data Center

Chief Legal & Corporate Affairs Officer recently sold €3.3m worth of stock

Broadcom Inc. Announces General Availability of BCM68660 and BCM55050

President recently sold €1.5m worth of stock

President recently sold €7.3m worth of stock

Third quarter dividend of US$0.53 announced

Now 22% undervalued after recent price drop

Third quarter 2024 earnings released: US$0.31 loss per share (vs US$0.80 profit in 3Q 2023)

Broadcom Inc. Declares Quarterly Cash Dividend, Payable on September 30, 2024

Broadcom Inc. Launches Rally Anywhere, the On-Premises Version of Its Leading Enterprise Agility Platform

Broadcom Inc. Introduces VMware Tanzu Platform 10 to Accelerate Intelligent Application Delivery in the Private Cloud

Hitachi Vantara and Broadcom Announce Advanced Private and Hybrid Cloud Solutions with Vmware Cloud Foundation

Broadcom Inc. to Report Q3, 2024 Results on Sep 05, 2024

Broadcom Inc. Unveils Newest Innovations for VMware Cloud Foundation

President of Semiconductor Solutions recently sold €4.3m worth of stock

Broadcom’s Symantec Cloud Secure Web Gateway Receives FedRAMP Authorization

Upcoming dividend of US$5.25 per share

Second quarter dividend of US$5.25 announced

Investor sentiment improves as stock rises 22%

New minor risk - Profit margin trend

Second quarter 2024 earnings released: EPS: US$4.56 (vs US$8.39 in 2Q 2023)

Broadcom Inc. Provides Earnings Guidance for the Year 2024

Broadcom Inc. Announces Automic® Automation Solution

Broadcom Inc. to Report Q2, 2024 Results on Jun 12, 2024

President of Semiconductor Solutions recently sold €6.2m worth of stock

First quarter dividend of US$5.25 announced

Lead Independent Director recently sold €3.7m worth of stock

First quarter 2024 earnings released: EPS: US$2.82 (vs US$9.03 in 1Q 2023)

Broadcom Inc. Approves Quarterly Cash Dividend, Payable on March 29, 2024

Broadcom Inc. Extends AI Workload Scale with Industry-First PCI Express Gen5/Gen6 Retimers

Broadcom Debuts Watchtower Platform for Mainframe Observability

Broadcom Inc., Annual General Meeting, Apr 22, 2024

Broadcom Inc. Announces Board Changes

Broadcom Inc. to Report Q1, 2024 Results on Mar 07, 2024

New major risk - Share price stability

CFO & Chief Accounting Officer recently sold €2.4m worth of stock

President of Semiconductor Solutions recently sold €2.0m worth of stock

New minor risk - Shareholder dilution

New major risk - Share price stability

Full year 2023 earnings released: EPS: US$33.93 (vs US$27.44 in FY 2022)

Broadcom Inc. Approves Quarterly Cash Dividend, Payable on December 29, 2023

New minor risk - Insider selling

Broadcom Inc. Announces Novel On-Chip, Neural-Network Inference Engine Called NetGNT

Broadcom Inc. (NasdaqGS:AVGO) completed the acquisition of VMware, Inc. (NYSE:VMW) from Michael S. Dell, Dodge & Cox, Silver Lake Management, L.L.C., Silver Lake Partners V DE (AIV), L.P., SL SPV-2, L.P. and others.

Broadcom Inc. to Report Q4, 2023 Results on Dec 07, 2023

Broadcom Ships Industry's First 5Nm Single-Chip 25.6Tb/S Router to Address Growing Bandwidth and Security Demands

Broadcom Inc. Delivers 200G/lane PAM-4 DSP PHY for Next Generation Switches and AI Networks

Upcoming dividend of US$4.60 per share at 2.2% yield

Independent Director recently bought €9.0m worth of stock

Broadcom Inc. Announces Quarterly Dividend, Payable on September 29, 2023

Third quarter 2023 earnings released: EPS: US$8.00 (vs US$7.41 in 3Q 2022)

Broadcom Inc. to Report Q3, 2023 Results on Aug 31, 2023

Broadcom Inc. Delivers Cloud Technology to Enterprise Data Centers

New minor risk - Share price stability

Broadcom Announces Availability of Second-Generation Wi-Fi 7 Wireless Connectivity Chips

CFO & Chief Accounting Officer recently sold €4.4m worth of stock

Upcoming dividend of US$4.60 per share at 2.2% yield

Broadcom Inc. Introduces FiFEM, The Wi-Fi RF FEM with Filter Integration Optimized for Wi-Fi 7 Access Points

New minor risk - Shareholder dilution

Second quarter 2023 earnings released: EPS: US$8.39 (vs US$6.16 in 2Q 2022)

Broadcom Inc. Provides Revenue Guidance for the Third Quarter Fiscal Year 2023

Investor sentiment improves as stock rises 16%

Independent Director recently sold €439k worth of stock

President recently sold €18m worth of stock

Upcoming dividend of US$4.60 per share at 3.0% yield

First quarter 2023 earnings released: EPS: US$9.03 (vs US$5.82 in 1Q 2022)

Broadcom Inc., Annual General Meeting, Apr 03, 2023

Broadcom Inc. to Report Q1, 2023 Results on Mar 02, 2023