Key Highlights
- Amie Thuener appointed as Broadcom’s incoming Chief Financial Officer, beginning June 12, 2026.
- Thuener currently holds the position of VP, Corporate Controller and Chief Accounting Officer at Alphabet since 2018.
- Current CFO Kirsten Spears steps down after a 12-year career with the semiconductor company, remaining as advisor for nine months.
- During her leadership, Spears guided Broadcom through its massive $69 billion VMware acquisition completed in 2023.
- Chief Executive Hock Tan highlighted Thuener’s expertise in financial reporting, artificial intelligence transactions, and managing multinational operations.
The semiconductor powerhouse Broadcom (AVGO) has announced the appointment of Amie Thuener to serve as its new Chief Financial Officer. She will assume the position on June 12, 2026, succeeding Kirsten Spears, who plans to retire from her current role.
Thuener arrives from Alphabet, the parent company of Google, where she has held the dual role of Vice President, Corporate Controller and Chief Accounting Officer for the past seven years. Prior to joining Alphabet in 2018, she worked as a Managing Director at PricewaterhouseCoopers, specializing in transaction services and accounting advisory.
Chief Executive Hock Tan praised the selection. “She will bring deep experience in financial reporting, corporate governance, AI-related transactions and leading complex, global organisations,” he stated.
Spears joined Broadcom over a decade ago and has served as CFO since the end of 2020. She took over financial leadership during a challenging period marked by pandemic-related supply chain challenges.
Her signature achievement as finance chief was shepherding Broadcom’s landmark $69 billion purchase of VMware, a cloud computing company, which finalized in 2023. The deal stands as one of the technology industry’s largest acquisitions in recent history.
To ensure continuity, Spears will remain in her CFO capacity until the official handoff date, then continue in an advisory capacity for an additional nine-month period. The company indicated this structure will facilitate a seamless transition.
Strategic Hire for AI-Driven Growth
Thuener’s proven track record with AI-related financial transactions represents a strategic fit for Broadcom’s direction. The company has been aggressively expanding its artificial intelligence chip operations, creating increasingly sophisticated financial requirements.
Rather than designing complete AI processors independently, Broadcom collaborates with major technology partners — including Google and OpenAI — to develop specialized processors such as tensor processing units (TPUs) and customized silicon solutions.
Just last month, the company forecasted that AI chip revenues could surpass $100 billion in the coming year, fueled by explosive demand for tailored semiconductor solutions. This represents an ambitious target, even amid the current AI hardware boom.
Nvidia maintains market leadership in the overall AI chip sector, but Broadcom has established a distinctive competitive position through its custom silicon partnerships. Maintaining the financial infrastructure supporting this growth will now fall to Thuener.
With a market capitalization hovering around $1.48 trillion, Broadcom ranks among the semiconductor industry’s most valuable enterprises.
Strong Financial Performance Precedes Leadership Change
The executive transition follows impressive quarterly results. Broadcom released its fiscal first-quarter earnings in March, delivering both performance and forward guidance that exceeded analyst projections.
These positive results have bolstered investor sentiment entering the remainder of the fiscal year. Thuener will inherit the CFO role with the company operating from a solid financial foundation.
The board of directors also recognized Spears’ legacy. “On behalf of the Board, I want to thank Kirsten for her dedication to Broadcom over the past 12 years,” Tan remarked.
Broadcom operates from its headquarters in Palo Alto, California.
Thuener’s official start date as Chief Financial Officer is scheduled for June 12, 2026.
