Key Takeaways
- Amie Thuener will assume the CFO position at Broadcom starting June 12, 2026.
- She currently holds the position of VP, Corporate Controller and Chief Accounting Officer at Alphabet, a role she has maintained since 2018.
- Kirsten Spears steps down from the CFO position after a 12-year career with Broadcom, remaining as an advisor for nine additional months.
- During her time as CFO, Spears led financial oversight of the $69 billion VMware acquisition completed in 2023.
- Hock Tan, CEO, highlighted Thuener’s expertise in financial reporting, artificial intelligence transactions, and managing multinational organizations.
Broadcom (AVGO) has announced the appointment of Amie Thuener to the position of Chief Financial Officer. She will officially assume her duties on June 12, 2026, as Kirsten Spears transitions into retirement.
Thuener currently works at Alphabet, where she has held the dual role of Vice President, Corporate Controller and Chief Accounting Officer since 2018. Her previous experience includes serving as Managing Director at PricewaterhouseCoopers, where her work centered on transaction services and accounting advisory functions.
CEO Hock Tan expressed enthusiasm about the appointment. “She will bring deep experience in financial reporting, corporate governance, AI-related transactions and leading complex, global organisations,” he stated.
Spears joined Broadcom more than a decade ago and assumed the CFO role in late 2020. She took the helm during a challenging period marked by global supply chain challenges stemming from the COVID-19 pandemic.
One of her signature accomplishments as CFO involved directing the financial aspects of Broadcom’s $69 billion purchase of VMware, a cloud-computing company. The deal finalized in 2023 and stands among the largest technology sector acquisitions in recent history.
Spears will continue in her CFO capacity until the handover date, after which she will provide advisory support for nine additional months. The company structured this transition period to ensure operational continuity.
Strategic Leadership for AI Growth
Thuener’s track record with AI-related financial transactions positions her well for Broadcom’s current trajectory. The company has been accelerating its artificial intelligence chip operations, which involve increasingly sophisticated financial structures.
Broadcom’s approach involves collaboration with major clients—including Google and OpenAI—to develop specialized processors such as tensor processing units (TPUs) and proprietary chip designs, rather than creating standalone AI chips.
Recently, Broadcom forecasted that its AI chip revenue stream could surpass $100 billion in the coming year, fueled by escalating demand for customized semiconductor solutions. The projection reflects ambitious growth targets in a market experiencing unprecedented demand.
Nvidia maintains leadership in the general AI chip market, while Broadcom has established a distinct niche through its custom chip collaboration model. Managing the financial operations behind this strategy will fall under Thuener’s purview.
With a market capitalization hovering around $1.48 trillion, Broadcom ranks among the semiconductor industry’s most valuable enterprises.
Strong Q1 Performance Sets the Stage
The leadership change follows positive financial results. Broadcom released its fiscal first-quarter earnings in March, with both results and forward guidance surpassing analyst projections.
These solid numbers have bolstered investor sentiment as the year progresses. Thuener enters her new role with the company demonstrating financial momentum.
The board recognized Spears’ tenure in formal remarks. “On behalf of the Board, I want to thank Kirsten for her dedication to Broadcom over the past 12 years,” Tan said.
Broadcom operates from its Palo Alto, California headquarters.
Thuener’s official start date as CFO remains June 12, 2026.
