Broadcom Management
Management criteria checks 2/4
Broadcom's CEO is Hock Tan, appointed in Mar 2006, has a tenure of 18.75 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 CA$458.34M. The average tenure of the management team and the board of directors is 6 years and 7 years respectively.
Key information
Hock Tan
Chief executive officer
US$161.8m
Total compensation
| CEO salary percentage | 0.7% |
| CEO tenure | 18.8yrs |
| CEO ownership | 0.04% |
| Management average tenure | 6yrs |
| Board average tenure | 7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| 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 Canadian market ($USD7.97M).
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)
18.8yrs
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 |
|---|---|---|---|---|
| President | 18.8yrs | US$161.83m | 0.043% CA$ 458.3m | |
| CFO & Chief Accounting Officer | 4yrs | US$15.24m | 0.0022% CA$ 23.8m | |
| Chief Legal & Corporate Affairs Officer | 7.8yrs | US$15.49m | 0.0012% CA$ 13.1m | |
| President of Semiconductor Solutions | 2.4yrs | US$49.68m | 0.016% CA$ 169.6m | |
| Chief Information Officer | 4.9yrs | no data | no data | |
| Director of Investor Relations | no data | no data | no data | |
| Vice President of Human Resources | no data | no data | no data | |
| Senior VP & GM of ASIC Products Division | 17.9yrs | no data | no data | |
| Senior VP & GM of Broadband Video Group | 1.4yrs | no data | no data | |
| Senior VP & GM of Compute & Connectivity Division | no data | no data | no data | |
| Senior VP & GM of Core Switching Group | no data | no data | no data | |
| Senior VP and GM of Wireless Communications & Connectivity | 7.2yrs | no data | no data |
6.0yrs
Average Tenure
58yo
Average Age
Experienced Management: AVGO's management team is seasoned and experienced (6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 18.8yrs | US$161.83m | 0.043% CA$ 458.3m | |
| Independent Director | less than a year | US$245.67k | 0.024% CA$ 254.3m | |
| Independent Director | 5.5yrs | US$389.21k | 0.00054% CA$ 5.7m | |
| Lead Independent Director | 8.8yrs | US$482.96k | 0.0011% CA$ 11.4m | |
| Independent Chairman of the Board | 8.8yrs | no data | 1.11% CA$ 11.8b | |
| Independent Director | 7yrs | US$374.21k | 0.00070% CA$ 7.4m | |
| Independent Director | 5.9yrs | US$392.34k | 0.00075% CA$ 7.9m | |
| Independent Director | 8yrs | US$369.21k | 0.0034% CA$ 36.1m | |
| Independent Director | 5.9yrs | US$359.21k | 0.00043% CA$ 4.6m |
7.0yrs
Average Tenure
65yo
Average Age
Experienced Board: AVGO's board of directors are considered experienced (7 years average tenure).