Broadcom Names New CFO as Longtime Finance Chief Retires

Broadcom ( (AVGO) ) has issued an announcement.

On March 30, 2026, Broadcom announced that longtime finance chief Kirsten M. Spears will retire and resign as chief financial officer and chief accounting officer, effective June 12, 2026, and will remain as a consultant through March 15, 2027 under a transition agreement. The board appointed Alphabet veteran Amie Thuener as the next CFO, effective June 12, 2026, with employment starting May 4, 2026, under a compensation package that includes a $700,000 base salary, a sign-on bonus and significant equity awards tied to multi-year total shareholder return performance, underscoring Broadcom’s emphasis on continuity and performance-linked executive incentives.

The most recent analyst rating on (AVGO) stock is a Buy with a $329.00 price target. To see the full list of analyst forecasts on Broadcom stock, see the AVGO Stock Forecast page.

Spark’s Take on AVGO Stock

According to Spark, TipRanks’ AI Analyst, AVGO is a Outperform.

The score is driven by strong financial performance (high margins and exceptional free-cash-flow generation) and a very positive earnings outlook led by AI growth and robust profitability guidance. These are tempered by weak technical momentum (below key moving averages with negative MACD) and a rich valuation (high P/E and low yield).

To see Spark’s full report on AVGO stock, click here.

More about Broadcom

Broadcom Inc. is a global semiconductor and infrastructure software company that designs, develops and supplies a broad range of digital and analog semiconductors, as well as enterprise and data center software solutions. The company serves markets including data center, networking, software, broadband, wireless, storage and industrial, with a focus on high-performance connectivity and infrastructure technologies.

On March 30, 2026, Broadcom announced that longtime finance chief Kirsten M. Spears will retire and resign as chief financial officer and chief accounting officer, effective June 12, 2026, and will remain as a consultant through March 15, 2027 under a transition agreement. The board appointed Alphabet veteran Amie Thuener as the next CFO, effective June 12, 2026, with employment starting May 4, 2026, under a compensation package that includes a $700,000 base salary, a sign-on bonus and significant equity awards tied to multi-year total shareholder return performance, underscoring Broadcom’s emphasis on continuity and performance-linked executive incentives.

Average Trading Volume: 26,711,070

Technical Sentiment Signal: Buy

Current Market Cap: $1484.3B

For a thorough assessment of AVGO stock, go to TipRanks’ Stock Analysis page.