SAN FRANCISCO Fabless chip vendor Broadcom Corp. said Thursday (March 15) that Eric Brandt would join the company later this month as senior vice president and chief financial officer.
Brandt replaces Bruce Kiddoo, who had been acting as CFO since last September, when former Broadcom CFO William
Ruehle abruptly stepped down in connection with the company's investigation over historical stock options granting practices. Kiddoo will continue with Broadcom (Irvine, Calif.) in his previous role as vice president and corporate controller.
Brandt, 44, formerly served as CFO of Allergan Inc. and, most recently, CEO of Avanir Pharmaceuticals. He previously spent 10 years with The Boston Consulting Group in Boston.
"Eric Brandt brings a unique perspective to the senior financial position at Broadcom, having served both as an award-winning CFO of multibillion dollar specialty pharmaceutical leader Allergan and as CEO of an entrepreneurial enterprise like Avanir," said Scott McGregor, Broadcom's president and CEO, in a statement.