Broadcom (AVGO) Stock — New CFO Named, Alphabet’s Amie Thuener Takes the Role

TLDR

• Broadcom named Amie Thuener as its next CFO, effective June 12, 2026.
• Thuener comes from Alphabet, where she served as VP, Corporate Controller and Chief Accounting Officer since 2018.
• Outgoing CFO Kirsten Spears is retiring after 12 years with the company. She’ll stay on as an advisor for nine months.
• Spears oversaw Broadcom’s $69 billion acquisition of VMware in 2023 during her tenure.
• CEO Hock Tan cited Thuener’s experience in financial reporting, AI-related transactions, and global organisations.

Broadcom (AVGO) has named Amie Thuener as its next Chief Financial Officer. The appointment takes effect June 12, 2026, when current CFO Kirsten Spears officially retires.

Broadcom Inc., AVGO

Thuener joins from Alphabet, where she has served as Vice President, Corporate Controller and Chief Accounting Officer since 2018. Before that, she was a Managing Director at PricewaterhouseCoopers, focusing on transaction and accounting advisory services.

Spears has been with Broadcom for 12 years and has held the CFO role since late 2020. She stepped into the position during the supply chain disruptions of the COVID-19 pandemic.

Her most high-profile move as CFO was overseeing Broadcom’s $69 billion acquisition of cloud-computing firm VMware, which closed in 2023. It remains one of the largest tech deals in recent memory.

Spears will stay in her current role through the transition date and then serve as an advisor for a further nine months. Broadcom said that arrangement is designed to keep things running smoothly.

A Finance Chief Built for the AI Era

Thuener’s background in AI-related transactions makes the appointment a deliberate choice. Broadcom has been building its AI chip business at pace, and the financials behind that growth are becoming increasingly complex.

The company doesn’t design full AI chips independently. It works with clients — including Google and OpenAI — to help develop custom processors like tensor processing units (TPUs) and in-house chips.

Last month, Broadcom projected its AI chip revenue could exceed $100 billion next year, driven by surging demand for custom silicon. That’s a bold projection, even in a market where demand is running hot.

Nvidia still dominates the broader AI chip space, but Broadcom is carving out its own lane through custom chip partnerships. Keeping that financial engine running smoothly is now Thuener’s job.

Broadcom carries a market value of around $1.48 trillion, which puts it among the most valuable companies in the semiconductor sector.

Q1 Results Beat Forecasts

The CFO transition comes on the back of a strong earnings report. In March, Broadcom posted fiscal first-quarter results and guidance that came in above Wall Street expectations.

That result gave investors some confidence heading into the rest of the year. Thuener will step into the role with the company in a position of relative financial strength.

The company is headquartered in Palo Alto, California.

Thuener is set to formally take over as CFO on June 12, 2026.

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