M’sia-born Hock Tan, the highest paid CEO in US last year

Free Malaysia Today

However, the CEO of chipmaker Broadcom Inc must fulfil certain conditions to obtain the full US$162 million awarded to him.   Read More:  https://www.freemalaysiatoday.com/category/highlight/2024/05/22/msia-born-hock-tan-the-highest-paid-ceo-in-us-last-year/   Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.    Subscribe to our channel - http://bit.ly/2Qo08ry   ------------------------------------------------------------------------------------------------------------------------------------------------------ Check us out at https://www.freemalaysiatoday.com Follow FMT on Facebook: https://bit.ly/49JJoo5 Follow FMT on Dailymotion: https://bit.ly/2WGITHM Follow FMT on X: https://bit.ly/48zARSW  Follow FMT on Instagram: https://bit.ly/48Cq76h Follow FMT on TikTok : https://bit.ly/3uKuQFp Follow FMT Berita on TikTok: https://bit.ly/48vpnQG  Follow FMT Telegram - https://bit.ly/42VyzMX Follow FMT LinkedIn - https://bit.ly/42YytEb Follow FMT Lifestyle on Instagram: https://bit.ly/42WrsUj Follow FMT on WhatsApp: https://bit.ly/49GMbxW  ------------------------------------------------------------------------------------------------------------------------------------------------------ Download FMT News App: Google Play – http://bit.ly/2YSuV46 App Store – https://apple.co/2HNH7gZ Huawei AppGallery - https://bit.ly/2D2OpNP  #FMTNews #HockTan #Malaysian #Broadcom

Transcript

00:00 A Malaysian-born businessman was the highest-paid CEO in the U.S. last year, according to a

00:07 Wall Street Journal analysis.

00:09 Hock Tan, the CEO of chipmaker Broadcom Inc., beat the likes of Meta's Mark Zuckerberg and

00:15 Tesla's Elon Musk after being awarded a whopping $162 million in compensation.

00:22 Tan also topped the list in 2017 when he was awarded $103 million as Broadcom's CEO.

00:30 However, WSJ said Tan would only receive the full amount if certain conditions are fulfilled.

00:36 This includes Broadcom's stock hitting a certain level by 2025 and Tan staying on as

00:41 CEO for five more years.

00:44 The chipmaker's total market capitalization stands at $655 billion, with the company's

00:49 shares up by 106 percent over the past year.

00:53 Tan has been the Broadcom CEO since 2006 and a U.S. citizen since 1990.

01:00 Danish Rajareza, FMT News.

01:02 (upbeat music)

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