Thuener, who currently serves as vice president, corporate controller, and chief accounting officer at Alphabet, will assume the role on June 12. She succeeds Kirsten Spears, who is set to retire after nearly four years in the position. Spears will remain with the company in an advisory capacity for nine months to ensure a seamless transition.
Bringing a wealth of experience in financial reporting, governance, and complex global operations, Thuener is expected to play a key role in guiding Broadcom’s financial strategy as the company deepens its involvement in AI-related technologies. Her previous role as managing director at PricewaterhouseCoopers further underscores her expertise in transaction and accounting advisory services.
Broadcom President and CEO Hock Tan highlighted her extensive background, particularly in overseeing AI-focused transactions and managing large-scale organisations, as critical to the company’s next phase of growth.
The transition comes at a pivotal time for Broadcom, which has been expanding its footprint in the semiconductor and infrastructure software markets. Under Spears’ leadership, the company executed one of the largest deals in the technology sector—the $69 billion acquisition of VMware in 2023—strengthening its position in enterprise and cloud computing solutions.
Valued at approximately $1.48 trillion, Broadcom has carved out a niche in the fast-evolving AI ecosystem. Rather than producing standalone AI chips, the company collaborates with major technology firms such as Google and OpenAI to develop custom processors, including tensor processing units and other specialised chips tailored to specific workloads.
The company recently projected that revenue from its AI chip segment could surpass $100 billion next year, driven by surging demand for customised semiconductor solutions. This growth, however, comes alongside broader industry challenges, including supply chain constraints that continue to affect production capacity across the global technology sector.
With Thuener’s appointment, Broadcom appears poised to navigate both the opportunities and complexities of the AI boom, reinforcing its financial leadership at a time of heightened competition and rapid technological change.