Hock E.  Tan net worth and biography

Hock Tan Biography and Net Worth

CEO of Broadcom

Hock E. Tan is the president, CEO, and director of Broadcom (formerly Avago), roles he has held since 2006. 

In 2017, Tan was named the single highest-paid CEO in the United States with about $103.2 million in compensation. 

Born in Malaysia, Tan received a scholarship to attend the Massachusetts Institute of Technology, where he earned both his bachelor’s and master’s degrees in mechanical engineering. He then went on to earn his M.B.A. from Harvard University. 

Tan has built an extensive career in the technology and semiconductor industry, with significant senior management experience.

His management roles include vice president of finance for Commodore International, senior management positions within PepsiCo and General Motors, and serving as managing director for Pacven Investment, a venture capital fund in Singapore, as well as Hume Industries in Malaysia. 

Tan served as the president and CEO of Integrated Circuit Systems (ICS), which was later acquired by Integrated Device Technology (IDT). Tan stayed on with IDT as chairman of the board, and then became CEO of Avago which was created as a standalone company after a $2.66 billion buyout of Agilent, a semiconductor products group. He merged Avago with Broadcom Corporation in 2015, leading to the creation of his current company, Broadcom Inc.

Tan is married to K. Lisa Yang, and the couple has made significant financial gifts to their alma maters, as well as causes related to autism, a condition with which two of their three children have been diagnosed.

What is Hock E. Tan's net worth?

The estimated net worth of Hock E. Tan is at least $189.18 million as of October 3rd, 2024. Mr. Tan owns 1,151,910 shares of Broadcom stock worth more than $189,178,179 as of November 23rd. This net worth evaluation does not reflect any other assets that Mr. Tan may own. Additionally, Mr. Tan receives a salary of $1,290,000.00 as CEO at Broadcom. Learn More about Hock E. Tan's net worth.

How old is Hock E. Tan?

Mr. Tan is currently 72 years old. There are 3 older executives and no younger executives at Broadcom. Learn More on Hock E. Tan's age.

What is Hock E. Tan's salary?

As the CEO of Broadcom Inc., Mr. Tan earns $1,290,000.00 per year. The highest earning executive at Broadcom is Dr. Charlie B. Kawwas, President of Semiconductor Solutions, who commands a salary of $1,520,000.00 per year. Learn More on Hock E. Tan's salary.

How do I contact Hock E. Tan?

The corporate mailing address for Mr. Tan and other Broadcom executives is 1320 RIDDER PARK DRIVE, SAN JOSE CA, 95131. Broadcom can also be reached via phone at (408) 433-8000 and via email at [email protected]. Learn More on Hock E. Tan's contact information.

Has Hock E. Tan been buying or selling shares of Broadcom?

Hock E. Tan has not been actively trading shares of Broadcom within the last three months. Learn More on Hock E. Tan's trading history.

Who are Broadcom's active insiders?

Broadcom's insider roster includes Mark Brazeal (Insider), Diane Bryant (Director), Gayla Delly (Director), Raul Fernandez (Director), Kenneth Hao (Director), Eddy Hartenstein (Director), Bryan Ingram (SVP), Charlie Kawwas (COO), Thomas Krause (Insider), Justine Lien (Director), Check Low (Director), Justine Page (Director), Henry Samueli (Director), Kirsten Spears (CFO), Hock Tan (CEO), and Harry You (Director). Learn More on Broadcom's active insiders.

Are insiders buying or selling shares of Broadcom?

During the last twelve months, insiders at the semiconductor manufacturer sold shares 26 times. They sold a total of 1,074,752 shares worth more than $157,241,391.24. The most recent insider tranaction occured on October, 11th when insider Charlie B Kawwas sold 15,950 shares worth more than $2,893,968.00. Insiders at Broadcom own 2.0% of the company. Learn More about insider trades at Broadcom.

Information on this page was last updated on 10/11/2024.

Hock E. Tan Insider Trading History at Broadcom

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Hock E. Tan Buying and Selling Activity at Broadcom

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Broadcom Company Overview

Broadcom logo
Broadcom Inc. designs, develops, and supplies various semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. The company operates in two segments, Semiconductor Solutions and Infrastructure Software. It provides set-top box system-on-chips (SoCs); cable, digital subscriber line, and passive optical networking central office/consumer premise equipment SoCs; wireless local area network access point SoCs; Ethernet switching and routing custom silicon solutions; serializer/deserializer application specific integrated circuits; optical and copper, and physical layer devices; and fiber optic components and RF semiconductor devices. The company also offers RF front end modules and filter; Wi-Fi, Bluetooth, and global positioning system/global navigation satellite system SoCs; custom touch controllers; inductive charging; attached small computer system interface, and redundant array of independent disks controllers and adapters; peripheral component interconnect express; fiber channel host bus adapters; read channel based SoCs; custom flash controllers; preamplifiers; optocouplers, industrial fiber optics, and motion control encoders and subsystems; light emitting diode, ethernet PHYs, switch ICs, and camera microcontrollers. Its products are used in various applications, including enterprise and data center networking, home connectivity, set-top boxes, broadband access, telecommunication equipment, smartphones and base stations, data center servers and storage systems, factory automation, power generation and alternative energy systems, and electronic displays. Broadcom Inc. was founded in 1961 and is headquartered in Palo Alto, California.
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Today's Range

Now: $164.23
Low: $162.40
High: $164.91

50 Day Range

MA: $173.70
Low: $161.67
High: $185.95

2 Week Range

Now: $164.23
Low: $90.31
High: $186.42

Volume

17,327,629 shs

Average Volume

29,294,438 shs

Market Capitalization

$767.05 billion

P/E Ratio

142.68

Dividend Yield

1.28%

Beta

1.17