Key Highlights
- Amie Thuener has been appointed as Broadcom’s incoming CFO, starting June 12, 2026.
- She currently holds the position of VP, Corporate Controller and Chief Accounting Officer at Alphabet since 2018.
- Current CFO Kirsten Spears will retire after spending 12 years with Broadcom, remaining as an advisor for nine months post-transition.
- During her time as CFO, Spears managed the company’s massive $69 billion VMware acquisition completed in 2023.
- Hock Tan, Broadcom’s CEO, highlighted Thuener’s expertise in financial oversight, AI transactions, and managing global operations.
Semiconductor giant Broadcom (AVGO) has announced Amie Thuener as its incoming Chief Financial Officer. She will assume the position on June 12, 2026, succeeding Kirsten Spears, who is stepping down from the role.
Thuener currently works at Alphabet, holding the titles of Vice President, Corporate Controller and Chief Accounting Officer—a position she’s held since 2018. Her professional background also includes time as a Managing Director at PricewaterhouseCoopers, where she specialized in transaction and accounting advisory work.
In announcing the appointment, CEO Hock Tan emphasized Thuener’s qualifications. “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 took on the CFO responsibilities in late 2020. She assumed leadership during a challenging period marked by pandemic-induced supply chain challenges.
Her signature achievement as financial chief was managing the company’s $69 billion purchase of VMware, a cloud-computing enterprise that finalized in 2023. The deal stands as among the most significant technology acquisitions in recent history.
Spears will continue in her CFO capacity until the handover date, after which she’ll transition to an advisory role for nine additional months. According to Broadcom, this structure ensures continuity during the leadership change.
Strategic Hire for AI-Driven Growth
Thuener’s expertise with AI-related financial transactions appears to be a strategic consideration. Broadcom has been rapidly expanding its artificial intelligence chip operations, creating increasingly sophisticated financial requirements.
The semiconductor firm doesn’t produce standalone AI chips. Instead, it collaborates with major clients—such as Google and OpenAI—on custom processor development, including tensor processing units (TPUs) and proprietary silicon designs.
Recently, Broadcom forecasted that its AI chip revenues might surpass $100 billion in the coming year, fueled by escalating demand for specialized processors. This represents an ambitious target in an already overheated market.
While Nvidia maintains its leadership position in the general AI chip market, Broadcom has established a distinct niche through customized chip collaborations. Managing the financial operations of this expanding business 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 Financial Performance Precedes Transition
The leadership change follows solid quarterly performance. This past March, Broadcom released fiscal first-quarter earnings and forward guidance that surpassed analyst projections.
These results provided shareholders with reassurance as the year progresses. Thuener will inherit a company operating from a position of financial stability.
The board publicly recognized Spears’ service during her tenure. “On behalf of the Board, I want to thank Kirsten for her dedication to Broadcom over the past 12 years,” Tan remarked.
The semiconductor company operates from its headquarters in Palo Alto, California.
Thuener’s official start date as Chief Financial Officer is scheduled for June 12, 2026.
