Douglas R. Bettinger had significant financial interests tied to his role at Broadcom. At one point, a considerable portion of his wealth was in Broadcom stock options, reflecting the strong connection between his compensation and the company's performance. For instance,...
Douglas R. Bettinger had significant financial interests tied to his role at Broadcom. At one point, a considerable portion of his wealth was in Broadcom stock options, reflecting the strong connection between his compensation and the company's performance. For instance, in 2009, he was granted 300,000 stock options, valued at around $326,620, which he couldn’t fully realize due to performance conditions. By 2011, his vested stock amounted to approximately $269,906. However, after his exit in 2013, he held no vested stock or options, showcasing the risks and rewards associated with executive compensation tied to equity. This method keeps leaders aligned with shareholder interests but also highlights how quickly fortunes can change in the tech industry. His holdings emphasized the importance of being engaged and committed during his time at Broadcom, which continues to be an essential part of its corporate culture.