Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b)
On July 6, 2022, Thomas H. Krause, President of the Broadcom Software Group of
Broadcom Inc. (the "Company"), notified the Company that he has decided to
resign, effective July 15, 2022, and accept another role at a privately held
enterprise software company. Mr. Krause's resignation is not the result of any
disagreement with the Company or management on any matter relating to the
Company's performance, operations, policies, practices, or financial statements,
including its controls or other financial related matters. Mr. Krause will
assist in the transition of the role until his departure from the Company. Hock
E. Tan, the Company's President and Chief Executive Officer, will immediately
assume Mr. Krause's responsibilities, and the position of President of Broadcom
Software Group will be eliminated.
In addition, the Company also announced that Charlie B. Kawwas, Ph.D., currently
Chief Operating Officer of the Company, has been named President of the new
Semiconductor Solutions Group, overseeing the Company's broad semiconductor
portfolio, effective July 11, 2022. Dr. Kawwas remains responsible for the
Company's global operations and sales for the Semiconductor and Brocade Storage
Networking businesses. Dr. Kawwas will continue to report to Mr. Tan.
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