Tan Hock Eng

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Tan Hock Eng (Chinese: 陳福陽; pinyin: Chén Fúyáng; Pe̍h-ōe-jī: Tân Hok-iâng; born 1951 in Penang) is the CEO of Broadcom Inc. He was the highest earning CEO in the US in 2017, earning US$103.2 million that year.[1]

Education[edit]

Tan graduated from the Massachusetts Institute of Technology with a degree in mechanical engineering[2] and has an MBA degree from Harvard University.[3]

Career[edit]

He was managing director of Hume Industries in Malaysia from 1983 to 1988 before helming Pacven Investment from 1988 to 1992. He then held financial positions at General Motors Co and PepsiCo Inc before becoming the Vice President of Finance of Commodore International Ltd.

Tan went on to become the CEO of Integrated Circuit Systems Inc. When this was sold to Integrated Device Technology Inc, he became the latter company's chairman. Avago was created following a US$2.66 billion buyout of Integrated Circuit Systems in 2005. Tan was hired to lead the company as chief executive.[4]

In 2015, Tan merged the company with Broadcom Corporation following an acquisition, leading to the creation of Broadcom Inc which he currently runs.

In November 2017 Broadcom announced that it had completed its move from Singapore back to the United States in a move which Tan claimed at the time would yield $20 billion yearly in revenue for the US Treasury.[5]

Personal Life[edit]

Tan has roots in Penang, Malaysia and has immigrated to the U.S. through a scholarship at MIT.[6] He is married and has 3 children.

References[edit]

  1. ^ Who is the top-earning CEO in US? Malaysian Tan Hock Eng who picked up US$103.2 million in 2017, South China Morning Post
  2. ^ "Cover Story: From skinny Penang boy to global tech leader". The Edge Markets. 2017-11-30. Retrieved 2019-10-02.
  3. ^ Penang-born Tan behind US$100b company moving to US, The Star Online
  4. ^ Hock E. Tan: Executive Profile & Biography, Bloomberg
  5. ^ "Meet America's Highest-Paid CEO, a 66-Year-Old Immigrant From Malaysia Who Calls Himself a 'Frugal Guy'". Money. Retrieved 2019-10-02.
  6. ^ "Broadcom's CEO has fortune and business success, but autism touched his family". San Diego Union-Tribune. 2018-02-28. Retrieved 2019-10-02.