Hock E. Tan

President, Chief Executive Officer, and Director at Broadcom

Board

Since March 2006

Age

73 years

Tenure

Joined in March 2006, he has served continuously as President, Chief Executive Officer, and Director at AVGO.

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About

Hock E. Tan, born in 1951, is a seasoned executive known for his extensive career across multiple industries, with 73 years of age as of December 2024. His early career was marked by several key leadership roles, including Managing Director positions in Malaysia and Singapore, as well as senior roles in finance at renowned companies.

His transition into the semiconductor and technology sectors saw him hold pivotal positions at Integrated Circuit Systems, Inc. (ICS) where he served as Senior Vice President, Chief Financial Officer, Chief Operating Officer, and later as President and CEO until its acquisition. This period set the stage for a distinguished career in the industry, positioning him as an influential leader.

In March 2006, he joined AVGO, where his role as President, Chief Executive Officer, and Director has been central to steering the company's strategic growth and market prominence. Under his leadership, the company has become a major player in the semiconductor and technology industries, buoyed by smart acquisitions and operational excellence.

Beyond his responsibilities at AVGO, his influence extends to significant national advisory committees and board directorships at other tech giants, underscoring his impact on the broader industry landscape.

$AVGO Performance Under Hock E. Tan

Past Roles

Organization	Role	Date Range	Details
Integrated Circuit Systems, Inc.	President & CEO	1999 – 2005	Acquisition by Integrated Device Technology, Inc.
Integrated Circuit Systems, Inc.	Chief Operating Officer	1996 – 1999
Integrated Circuit Systems, Inc.	Senior Vice President & Chief Financial Officer	1995 – 1999
Commodore International, Ltd.	Vice President of Finance	1992 – 1994
PepsiCo, Inc. / General Motors Corporation	Senior Management Positions	N/A	Specific roles and dates not provided
Pacven Investment, Ltd.	Managing Director	1988 – 1992	Venture capital fund in Singapore
Hume Industries Ltd.	Managing Director	1983 – 1988	in Malaysia

External Roles

Organization	Role	Date Range	Details
Meta Platforms, Inc.	Director	N/A
President’s National Security and Telecommunications Advisory Committee	Member	2020 – Present

Fixed Compensation

Data from FY 2023

Component Name	Amount	Payment Schedule	Additional Details
Base Salary	$1,200,000	Annual	Fixed annual salary
Expense Reimbursements	$5,301	As incurred	Reimbursements for travel to Mr. Tan’s residence in Pennsylvania
401(k) Matching Contribution	$19,800	Annual	Employer matching contribution to retirement plan
Car Service	$61,060	As incurred	Car service expenses

Performance Compensation

Data from FY 2023

2023 Tan PSU Award Details

Metric	Value
Grant Date	October 31, 2022
Grant Date Fair Value	$160,540,000
Grant Date Stock Price	$470.12
Performance Stock Price Hurdles
Threshold	$825 (75.5% increase)
Target	$950 (102.1% increase)
Maximum	$1,125 (139.3% increase)
Maximum Shares Awarded	1,000,000 shares
Vesting Schedule	Five-year vesting period ending October 31, 2027
Evaluation Period	Five-year earning period; performance measured by the average closing price over 20 consecutive trading days
Conditions	Shares earned in one-third increments per hurdle with no interpolation; forfeiture of award if the threshold is not met; continued vesting of any shares earned before the fifth anniversary contingent on continued employment; pro-rata vesting upon retirement or certain terminations

This detailed performance compensation structure ties Mr. Tan’s payouts directly to significant stock price improvements, ensuring alignment with long-term shareholder value creation.