Broadcom (AVGO) Appoints Alphabet Veteran Amie Thuener as New CFO

Key Highlights

• Amie Thuener will assume the Chief Financial Officer position at Broadcom on June 12, 2026.
• She currently holds the position of VP, Corporate Controller and Chief Accounting Officer at Alphabet, a role she’s held since 2018.
• Current CFO Kirsten Spears will step down after a dozen years at the semiconductor giant, remaining as an advisor through early 2027.
• During Spears’ leadership, Broadcom completed its massive $69 billion VMware acquisition in 2023.
• CEO Hock Tan highlighted Thuener’s expertise in financial oversight, AI transactions, and managing multinational operations.

Broadcom (AVGO) has tapped Amie Thuener to serve as its new Chief Financial Officer, with the transition scheduled for June 12, 2026. She’ll be replacing Kirsten Spears, who’s stepping away from the company after more than a decade of service.

Broadcom Inc., AVGO

Currently at Alphabet, Thuener holds the titles of Vice President, Corporate Controller and Chief Accounting Officer—positions she’s occupied since 2018. Her professional background also includes a stint as Managing Director at PricewaterhouseCoopers, where she specialized in transaction and accounting advisory work.

Spears’ tenure at Broadcom spans 12 years, with her CFO appointment coming in late 2020. She took the financial helm during a particularly turbulent period marked by pandemic-related supply chain challenges.

The crowning achievement of her time as CFO was navigating Broadcom’s $69 billion purchase of VMware, a cloud infrastructure company. The deal, finalized in 2023, stands as one of the technology sector’s most significant acquisitions in recent history.

To ensure continuity, Spears will remain in her current capacity until the handover date, then transition to an advisory role for an additional nine-month period. The company emphasized this extended transition will facilitate operational stability.

Strategic Hire for AI-Driven Growth

Thuener’s track record with AI-related financial matters appears to be a key factor in her selection. Broadcom has been aggressively expanding its artificial intelligence chip operations, with increasingly sophisticated financial implications.

The semiconductor company operates differently from traditional chip designers. Rather than creating complete AI processors independently, it collaborates with major clients—including Google and OpenAI—to develop customized solutions such as tensor processing units (TPUs) and proprietary chips.

Just last month, Broadcom issued a striking forecast suggesting its AI semiconductor revenue could surpass $100 billion within the next year, fueled by explosive demand for specialized silicon. It’s an ambitious target, even in an overheated market.

Nvidia continues to command the lion’s share of the AI chip market, but Broadcom has established a distinct competitive position through its custom chip collaboration model. Managing the financial complexities of this growth trajectory now falls to Thuener.

With a market capitalization hovering around $1.48 trillion, Broadcom ranks among the semiconductor industry’s most valuable players.

Strong Financial Performance Precedes Leadership Change

The CFO announcement follows impressive quarterly results. This past March, Broadcom delivered fiscal first-quarter earnings and forward guidance that surpassed analyst projections.

Those results provided market participants with reassurance about the company’s trajectory for the remainder of the fiscal year. Thuener will inherit financial operations that are currently performing well above baseline expectations.

Broadcom maintains its corporate headquarters in Palo Alto, California.

Thuener’s official start date as Chief Financial Officer is confirmed for June 12, 2026.

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