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.