Meta has announced the appointment of Hock E. Tan, CEO of Broadcom, and John Arnold, a philanthropist and former Enron executive, co-founder of Arnold Ventures, to its board of directors, effective immediately. This move comes after Meta's announcement in January about Sheryl Sandberg stepping down from the board. Hock Tan is known for his cost-cutting reputation at companies he has been involved with. In a related note, Meta paid approximately $500 million to Broadcom for components in 2023, indicating a significant business relationship between the two entities.
Facebook $META announced today that Broadcom CEO Hock Tan and former Enron executive John Arnold are joining the company’s board of directors - CNBC
Live news: Meta adds Broadcom chief and former Enron trader to board https://t.co/nCCIrZEwxm
Meta adds exec from key chip partner to board https://t.co/xjxZuBMIBo https://t.co/ofINK1Lb3x
⚠️ META PAID ABOUT $500 MILLION TO BROADCOM FOR COMPONENTS IN 2023 Full Story → https://t.co/4kbHBOevYM
Meta says Broadcom CEO Hock Tan is joining board of directors https://t.co/HeXsmiFd5v
Meta appoints Hock E. Tan, president and CEO of Broadcom, and philanthropist John Arnold, co-founder of Arnold Ventures, to its board, effective immediately (@kurtwagner8 / Bloomberg) https://t.co/HVNaSmfDU0 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/T3KPJOSBxM
Hock Tan, CEO of Broadcom joins the board of Meta! WOW! Meta gonna have more cuts? https://t.co/wakyxuiRKe
interesting additions to Meta's board, including broadcom's CEO Hock Tan, who has a rep for cost-cutting at companies and had this headline last year https://t.co/cR9mofDMAS https://t.co/z42qpmx7Gn
Meta CEO Mark Zuckerberg is adding two new directors to the company’s board following the announcement in January that longtime board member and executive Sheryl Sandberg is stepping down. https://t.co/s1B0UF8Hjx
Hock E. Tan and John Arnold have been elected to Meta's board of directors, effective immediately. https://t.co/2s1M0Tu5JW