| CEO Name | Hock Tan |
| Nationality | Malaysia |
| Net Worth Estimation | $800 million |
Hock Tan, CEO of Broadcom Inc. (which acquired Symantec's enterprise security business), has an estimated net worth of around $800 million, primarily from his Broadcom executive compensation, performance-based stock awards, and holdings in Broadcom equity. His wealth is closely tied to Broadcom's significant market value and successful M&A leadership.
Hock Tan's estimated net worth of $800 million places him at 10% of the maximum CEO net worth ($8 billion) and significantly above the minimum ($10 million) in the software business category. This positions him well within the top tier of software industry CEOs by net worth.
Business Category: Software
Minimum Net Worth (estimation): 10000000 USD
Maximum Net Worth (estimation): 8000000000 USD
Hock Tan Performance in Symantec Corporation (now part of Broadcom Inc.)
Hock Tan, CEO of Broadcom Inc., led the acquisition of Symantec's enterprise security business, driving strategic realignment and operational efficiency within the division. His decision-making emphasized cost optimization and integration, significantly improving profitability and market competitiveness. Tan's leadership transformed Symantec under Broadcom, enhancing shareholder value through streamlined performance and focused growth initiatives.
Latest News
Broadcom's Acquisition of Symantec Enterprise Security and CEO Leadership
Broadcom completed its $10.7 billion acquisition of Symantec's Enterprise Security business in 2019, integrating it into Broadcom's infrastructure software portfolio under CEO Hock Tan. The Symantec Enterprise division is led by Art Gilliland as SVP and GM, while the consumer cybersecurity branch was rebranded NortonLifeLock and remains independent. Broadcom continues to emphasize innovation and integration of Symantec's cybersecurity solutions within its core Global 2000 customer base.
Source: http://www.channelfutures.com/security/broadcom-buying-symantec-s-enterprise-business-for-10-7-billion