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Broadcom Inc. Appoints Hock Tan As President and CEO, Highlights Growth In Ai Chip Sales and V Mware Bookings

Sep 06, 202411 months ago

Position

Chief Executive Officer

Company

Broadcom

Hock Tan
San Jose

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

Company Information

Company

Broadcom

Location

San Jose, California, United States

About

Broadcom Inc. (NASDAQ: AVGO), a Delaware corporation headquartered in San Jose, CA, is a global technology leader that designs, develops and supplies a broad range of semiconductor and infrastructure software solutions. Broadcom's category-leading product portfolio serves critical markets including data center, networking, enterprise software, broadband, wireless, storage and industrial. Our solutions include data center networking and storage, enterprise, mainframe and cyber security software focused on automation, monitoring and security, smartphone components, telecoms and factory automation. For more information, go to https://www.broadcom.com.

FundzWatch™ Score

62
Medium Activity

Executive Insights

Based on hiring data
New 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

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