Broadcom Inc. Appoints Hock Tan As President and CEO, Highlights Growth In Ai Chip Sales and V Mware Bookings
Sep 06, 2024•11 months ago
Position
Chief Executive Officer
Company
Broadcom
Description
Broadcom Inc. has appointed Hock Tan as the President and CEO. The company's third quarter saw a significant leap in overall revenue, driven by surging sales in AI infrastructure and accelerating bookings for VMware
FundzWatch™ Score
62
Medium Activity
Executive Insights
Based on hiring dataNew executive impact window
87% of new executives make significant technology decisions within first 100 days
Budget influence
C-level executives control 73% of technology spending decisions
Transformation catalyst
65% of new senior hires launch digital transformation initiatives
Vendor review timeline
New executives typically review existing vendors within 6 months