Broadcom

The CEO (Hock Tan) has led Broadcom since 2006, executing a series of value-creating mergers. He retains significant influence and has vowed to remain in charge through 2030. The leadership team is shareholder-aligned (notably via buybacks) and focused on long-term growth.

While some criticize the aggressive style and executive pay levels, the management has reliably met financial targets and integrated large acquisitions. Succession plans seem in place. We see the team as operationally excellent and shareholder-friendly.