Hock E. Tan has been the CEO of Broadcom Inc. since March 2006. Under his leadership, the company has seen its stock price skyrocket over 160% since its IPO in 2009. In 2023, his total compensation reached over $161 million,...

Hock E. Tan has been the CEO of Broadcom Inc. since March 2006. Under his leadership, the company has seen its stock price skyrocket over 160% since its IPO in 2009. In 2023, his total compensation reached over $161 million, with a significant chunk coming from performance stock units that reward him for achieving tough company goals. Tan's career spans various roles in finance and technology, including positions at General Motors and PepsiCo. He's known for his hands-on approach to ensure shareholder value. In 2013, he received a special long-term equity award that aimed to keep him focused on the company’s success by tying his earnings to stock performance. His educational background includes degrees in electrical engineering and business from prestigious universities like UC Berkeley and UCLA. Tan's strategy revolves around sustainable growth, aligning his pay with company performance to keep his interests in sync with shareholders.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Broadcom Inc. CEOs

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Hock E. Tan

CEO of Broadcom Inc.

Education

Bachelor's degree in Electrical Engineering from the University of California, Berkeley; Master's degree in Business Administration from the University of California, Los Angeles; and a Ph.D. in Electrical Engineering from the University of California, Berkeley.

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Technology

Born

June 30, 1962 - 62 years ago

CEO of Broadcom Inc. for

19 years 1 month (Mar 2006 - Present)

Previous Experience

CEO of Avago Technologies, COO of Broadcom Corporation, and various positions at other technology companies.

Rivals

Competitors/colleagues of Hock E. Tan

M

Mark Zuckerberg

Founder and CEO of Meta Platforms, Inc.

2022 Compensation

Stock

$0.00

Salary

$1.00

Bonus

$0.00

Other

$27.11M

Total Holdings

$207.33B

A

Sundar Pichai

CEO of Alphabet Inc.

2023 Compensation

Stock

$155.42M

Salary

$2.00M

Bonus

$0.00

Other

$6.80M

Total Holdings

$459.19M

A

Andrew R. Jassy

CEO of Amazon

2023 Compensation

Stock

$27.83M

Salary

$365.00K

Bonus

$0.00

Other

$992.76K

Total Holdings

$19.04M

N

Jen-Hsun Huang

Founder and CEO of Nvidia

2023 Compensation

Stock

$61.63M

Salary

$1.00M

Bonus

$4.00M

Other

$2.49M

Total Holdings

$99.30B

T

Elon Musk

Founder and CEO of Tesla, Inc.

2023 Compensation

Stock

$1.86M

Salary

$0.00

Bonus

$0.00

Other

$0.00

Total Holdings

$92.56B

M

Satya Nadella

CEO of Microsoft

2022 Compensation

Stock

$0.00

Salary

$2.50M

Bonus

$0.00

Other

$110.25K

Total Holdings

$332.40M

Holdings

See how much did Hock E. Tan make over time.

Hock E. Tan's holdings reflect his deep investment in Broadcom. He received a special award of 2.5 million performance options in 2013, with vesting contingent on the company’s stock hitting specific price targets. This approach aims to push him to...

Hock E. Tan's holdings reflect his deep investment in Broadcom. He received a special award of 2.5 million performance options in 2013, with vesting contingent on the company’s stock hitting specific price targets. This approach aims to push him to focus on long-term company performance rather than immediate gains. In recent years, he saw his performance-based stock awards increase in value significantly, indicating a strong alignment with shareholder interests. At the height of his holdings, they represented the majority of his wealth. This strategy aims to ensure he gains when the company does well, keeping him committed to driving Broadcom's success.

Mar 18, 2025

A

shares

AVGO @ $188.67

M

shares

META @ $582.36

Total Stock Sold

$167.42M

AVGO

$167.42M

60,236,380 AVGO shares

What if they kept their stock?

If Hock E. Tan didn't sell their stock, today they would have:
Extra AVGO60,236,380 shares worth $1.57B.
This is 839.41% and $1.41B more than what they got when they sold the stock.

Charitable Transactions

AVGO

3,769,720 shares

AVGO

Recent Charitable Transactions

AVGO

130,000 shares

AVGO

Dec 24, 2024

Charity

AVGO

8,200 shares

AVGO

Jul 5, 2024

Charity

AVGO

3,450 shares

AVGO

Jun 21, 2024

Charity

AVGO

7,700 shares

AVGO

Mar 28, 2024

Charity

AVGO

32,000 shares

AVGO

Jan 4, 2024

Charity

AVGO

15,757 shares

AVGO

Nov 3, 2023

Charity

Insider Trading

See recent insider trades of Hock E. Tan.

AVGO

130,000 shares

AVGO

Dec 24, 2024

Charity

AVGO

$10.80M

AVGO at $239.96/share

Dec 24, 2024

Sale

AVGO

1,477,110 shares

AVGO

Nov 6, 2024

Received

AVGO

$6.94M

AVGO at $173.60/share

Oct 3, 2024

Sale

AVGO

$1.67M

AVGO at $167.14/share

Oct 1, 2024

Sale

AVGO

$25.94M

AVGO at $172.94/share

Sep 24, 2024

Sale

AVGO

$8.17M

AVGO at $163.37/share

Sep 17, 2024

Sale

AVGO

$12.80M

AVGO at $1.71K/share

Jul 11, 2024

Sale

AVGO

8,200 shares

AVGO

Jul 5, 2024

Charity

AVGO

3,450 shares

AVGO

Jun 21, 2024

Charity

Compensation History

See how much did Hock E. Tan make over time.

Hock E. Tan's compensation for 2023 totaled over $161 million, a significant rise primarily due to performance stock units. His base salary was $1.2 million, but he did not receive any bonuses this year as his compensation was restructured to focus on long-term incentives via stock grants. In past years, bonuses were substantial, driven by impressive revenue and operating margin achievements. This focus on performance metrics doesn’t just reward past success, but encourages him to push for sustained growth. The compensation philosophy at Broadcom aligns his interests closely with shareholders, emphasizing value creation over immediate cash payouts.

Year

2023

Total Compensation

$161.50M

Salary

$1.20M

Board Justification

The compensation program is designed to reward executive officers for growing and sustaining stockholder value consistent with the strategic plan, aligning interests with stockholders, and attracting critical talent in a competitive market.

Bonus

$0.00

Board Justification

Mr. Tan did not receive an APB Plan payout in fiscal 2023 as his fiscal 2023 PSU award was front-loaded to cover five annual cash incentive payouts under the APB Plan and five years of annual equity awards.

Other

$86.16K

Board Justification

Other compensation includes $5,301 in travel reimbursements, $19,800 for 401(k) matching contributions, and $61,060 for car service.

Restricted Stock

$160.21M(198.34K RSU)

Board Justification

The stock awards that vested in 2023 include shares from previous PSU awards that were earned based on performance metrics achieved during the fiscal year.

Performance Metrics

The performance metrics for the CEO's compensation are based on achieving challenging and rigorous corporate financial goals, including revenue and adjusted non-GAAP operating income.

Other Broadcom Inc. CEOs

Here are other CEOs of Broadcom Inc.

Douglas R. Bettinger

Ex-CEO of Broadcom Inc.

December 2009 - March 2013