- Amie Thuener will join Broadcom as new CFO.
- Appointment highlights AI growth and M&A reshape corporate financial strategy.
What happened
Broadcom has named Alphabet executive Amie Thuener as its next chief financial officer, effective 12 June. She will replace Kirsten Spears, who is retiring from the role.
Thuener currently serves as Alphabet’s vice president, corporate controller and chief accounting officer. She has held the position since 2018 and oversees global financial reporting and operations.
Before joining Alphabet, she worked at PricewaterhouseCoopers as a managing director, focusing on transaction and accounting advisory services.
Broadcom said Spears will remain as an adviser for nine months after stepping down to ensure a smooth transition.
Chief executive Hock Tan said Thuener brings experience in financial reporting, corporate governance and AI-related transactions, alongside managing complex global organisations.
Spears has served as CFO since late 2020. During her tenure, Broadcom completed its $69 billion acquisition of VMware in 2023, a deal that significantly expanded its infrastructure software business.
Why it’s important
The leadership change comes as Broadcom scales its role in AI infrastructure and data centre markets. The company supplies semiconductors and infrastructure software and increasingly focuses on custom AI processors for large clients.
Rather than producing full AI chips independently, Broadcom collaborates with customers such as Google and OpenAI to develop custom processors tailored to their workloads.
The company recently projected AI chip revenue could exceed $100 billion next year, reflecting surging demand for custom silicon.
At the same time, supply chain constraints remain a challenge across the sector, adding pressure to execution and capital allocation.
Against this backdrop, appointing a CFO with experience in large-scale financial operations and AI-linked transactions signals a deliberate shift. Broadcom is strengthening financial oversight as it balances rapid AI-driven growth with complex post-acquisition integration.
The hire also reflects intensifying competition in AI infrastructure. Financial discipline and strategic capital deployment now play a central role in sustaining long-term growth.
Also read: Broadcom CEO expects surge in AI chip demand
