Key Highlights
- Semiconductor giant Broadcom has selected Amie Thuener to serve as its new Chief Financial Officer, beginning June 12, 2026.
- Thuener 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 with Broadcom, remaining as an advisor through a nine-month transition period.
- During her leadership, Spears guided the company through its massive $69 billion VMware acquisition completed in 2023.
- CEO Hock Tan highlighted Thuener’s expertise in financial reporting, artificial intelligence transactions, and managing global operations.
The semiconductor powerhouse Broadcom (AVGO) has announced Amie Thuener as its incoming Chief Financial Officer. She will assume the position on June 12, 2026, taking over from Kirsten Spears, who is stepping down from her role.
Thuener currently works at Alphabet, holding the dual title of Vice President, Corporate Controller and Chief Accounting Officer—a position she’s occupied since 2018. Her professional background also includes time as a Managing Director at PricewaterhouseCoopers, where she specialized in transaction services and accounting advisory work.
In a statement, 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 noted.
Spears’ tenure at Broadcom spans 12 years, with her CFO appointment coming in late 2020. She took the financial reins during an especially turbulent period marked by pandemic-related supply chain challenges.
The crowning achievement of her time as CFO was shepherding Broadcom’s blockbuster $69 billion purchase of VMware, a cloud computing company. The transaction, finalized in 2023, stands as one of the technology sector’s largest acquisitions in recent history.
To ensure continuity, Spears will maintain her current responsibilities until the handover date, then transition into an advisory capacity for an additional nine months. According to the company, this structure is meant to facilitate a seamless leadership change.
Strategic Hire for AI-Driven Growth
The selection of Thuener appears strategically timed given her experience with AI-related financial matters. Broadcom has been aggressively expanding its artificial intelligence chip operations, which brings increasingly sophisticated financial considerations.
Unlike some competitors, Broadcom doesn’t independently design complete AI processors. Instead, the company collaborates with major clients—including Google and OpenAI—to create customized chips such as tensor processing units (TPUs) and proprietary processors.
Just last month, Broadcom made headlines by forecasting AI chip revenues could surpass $100 billion in the coming year, fueled by explosive demand for specialized silicon. It’s an ambitious target in a market already experiencing unprecedented growth.
Nvidia maintains its position as the leading force in the AI chip industry, but Broadcom has successfully established a distinctive niche through its custom chip collaborations. Managing the financial operations behind this growth will now fall to Thuener.
With a market capitalization hovering around $1.48 trillion, Broadcom ranks among the semiconductor industry’s most valuable corporations.
Strong Quarterly Performance Sets the Stage
This leadership announcement follows impressive financial results. Broadcom released its fiscal first-quarter earnings in March, delivering numbers and forward guidance that surpassed analyst estimates.
Those solid results have provided investors with reassurance as the company moves through the year. Thuener will inherit a finance organization operating from a position of considerable strength.
The board of directors also recognized Spears’ service publicly. “On behalf of the Board, I want to thank Kirsten for her dedication to Broadcom over the past 12 years,” Tan stated.
Broadcom operates from its headquarters in Palo Alto, California.
Thuener’s official start date as Chief Financial Officer is scheduled for June 12, 2026.
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