Total Compensation of Broadcom’s Executive Officers
$60,606,971 for president and CEO Hock E. Tan in FY22, same in FY21
This is a Press Release edited by StorageNewsletter.com on August 22, 2023 at 2:02 pmFor the first time, we published salary and total compensation earned for FY 2020, 2021 and 2022 ended in October by Broadcom Inc.‘s executive officers.
Below in is an abstract of a SEC filing (page 58) published by the company on April 3, 2023.
Note that, for FY22, the firm reported revenue up 21% Y/Y to a record $33.2 billion with storage connectivity revenue at record $1.2 billion
Name and position | FY | Salary | Total compensation | Y/Y growth |
Hock E. Tan, president and CEO | 2020 | $1,171,154 | $3,695,852 | NA |
2021 | $1,200,000 | $60,703,627 | x16 |
|
2022 | $1,200,000 | $60,606,971 | -0% |
|
Kirsten M. Spears, CFO and chief accounting officer | 2020 | $332,964 | $537,073 | NA |
2021 | $392,781 | $14,445,657 | x27 |
|
2022 | $403,969 | $3,695,852 | -74% | |
Mark D. Brazeal, chief legal and corporate affairs officer (1) | 2020 | $485,577 | $1,529,067 | NA |
2021 | $500,000 | $1,336,150 | -13% |
|
2022 | $504,962 | $13,883,483 | x10 | |
Charlie B. Kawwas, Ph. D., president, semiconductor solutions group (2) | 2020 | $496,691 | $2,314,967 | NA |
2021 | $678,462 | $8,716,576 |
x4 |
|
2022 | $706,946 | $22,328,793 |
x3 | |
Thomas H. Krause, Jr., former president, software group (3) | 2020 | $670,992 | $1,015,892 | NA |
2021 | $662,000 | $21,822,831 | x21 | |
2022 | $257,671 | $517,265 | /42 |
(1) Brazeal was promoted to Chief Legal and Corporate Affairs Officer on December 15, 2021.
(2) Kawwas was promoted to President, Semiconductor Solutions Group on July 11, 2022.
(3) Krause resigned from Broadcom on July 15, 2022.