8-KLeadership Changes

Broadcom Inc. 8-K Report, Executive Changes (Apr 2, 2026)

Filed April 2, 2026For Securities:AVGO

Summary

Broadcom Inc. (AVGO) announced a significant leadership transition in its finance department via an 8-K filing dated April 2, 2026. Effective June 12, 2026, Chief Financial Officer and Chief Accounting Officer Kirsten M. Spears will retire. In her place, the Board of Directors has appointed Amie Thuener, who will officially assume the CFO role upon Ms. Spears' departure. Ms. Thuener brings extensive experience, having served as VP, Corporate Controller, and Chief Accounting Officer at Alphabet Inc. since 2018 and prior roles at PricewaterhouseCoopers LLP. This transition includes a consulting agreement for Ms. Spears post-retirement until March 2027, during which her equity awards will continue vesting (at target for performance awards), and she will not receive additional cash compensation. Ms. Thuener's compensation package is substantial, including a $700,000 base salary, a 100% target bonus, a $1 million sign-on bonus, and significant equity awards comprising 50,000 RSUs and 50,000 PSUs, subject to vesting over four years based on continued employment and performance metrics.

Key Highlights

  • 1Kirsten M. Spears, CFO and CAO, is retiring effective June 12, 2026.
  • 2Amie Thuener appointed as the new CFO, commencing her role on June 12, 2026.
  • 3Ms. Thuener has a strong background, including a leadership finance role at Alphabet Inc.
  • 4Ms. Spears will provide consulting services post-retirement until March 15, 2027.
  • 5Ms. Thuener will receive a $700,000 base salary, 100% target annual bonus, and a $1 million sign-on bonus.
  • 6Ms. Thuener is set to receive equity awards including 50,000 RSUs and 50,000 PSUs, with multi-year vesting schedules.

Frequently Asked Questions

Kirsten M. Spears notified Broadcom Inc. of her retirement.

Amie Thuener has been appointed to succeed Ms. Spears as the Chief Financial Officer, effective June 12, 2026.

Ms. Thuener, age 51, has served as Vice President, Corporate Controller and Chief Accounting Officer of Alphabet Inc. since 2018. She held various senior finance positions at Alphabet from 2013-2018 and previously worked at PricewaterhouseCoopers LLP for 16 years in senior management roles.

Ms. Thuener will receive an annual base salary of $700,000, be eligible for an annual performance bonus with a 100% target, a $1,000,000 sign-on cash bonus, and equity awards consisting of 50,000 RSUs and 50,000 PSUs, subject to vesting over four years.

Yes, Ms. Spears will provide consulting services to the Company until March 15, 2027. During this consulting period, her outstanding equity awards will continue to vest according to their terms (with performance-based awards capped at target levels), but she will not receive any other cash compensation.