Broadcom vs Morgan Stanley: Founders, CEOs and History
Broadcom was founded in 1991 by Henry Samueli, Henry Nicholas III and is led by Hock Tan. Morgan Stanley was founded in 1935 by Henry S. Morgan, Harold Stanley and is led by Ted Pick.
Company facts
Broadcom
- Founded
- 1991
- Headquarters
- Palo Alto, California
- Current CEO
- Hock Tan
- Employees
- 33,000
Morgan Stanley
- Founded
- 1935
- Headquarters
- New York, New York, United States
- Current CEO
- Ted Pick
- Employees
- 83,000
Founders
Broadcom
Henry Samueli
Henry Samueli co-founded Broadcom Corporation in Los Angeles in 1991 with Henry Nicholas III, his former doctoral student, and served as its chief technical officer while the company built chips for cable modems, set-top boxes, Ethernet and Wi-Fi.
Henry Nicholas III
Henry Nicholas III co-founded Broadcom Corporation with Samueli in 1991 and was its president and CEO through the cable modem boom, the April 1998 IPO and a string of stock-funded acquisitions in 1999 and 2000. He resigned in January 2003.
Morgan Stanley
Henry S. Morgan
Henry S. Morgan co-founded Morgan Stanley in 1935 after the Glass-Steagall Act required J.P. Morgan & Co. to separate its securities business from commercial banking.
Harold Stanley
Harold Stanley (1885-1963) co-founded Morgan Stanley in 1935 alongside Henry S. Morgan. Following the passage of the Glass-Steagall Act, which forced banks to separate commercial and investment banking, Stanley left J.P. Morgan & Co.
CEOs and their tenures
Broadcom
- Henry Samueli1991–present
Co-Founder and Chairman of the Board
Henry Samueli co-founded Broadcom Corporation in 1991 and, as chief technical officer, led the engineering behind its cable modem, Ethernet and Wi-Fi chips. He joined the board after Avago bought Broadcom Corporation in 2016 and is chairman of Broadcom Inc.
Source - Henry Nicholas III1991–2003
Co-Founder; President and CEO of Broadcom Corporation
Henry Nicholas III ran Broadcom Corporation from its founding through its April 1998 IPO and the dot-com boom, then resigned in January 2003. Backdating and drug charges brought against him in 2008 were dismissed in December 2009 and January 2010.
Source - Scott McGregor2005–2016
President and CEO of Broadcom Corporation
Scott McGregor led Broadcom Corporation from 2005 until Avago completed its $37 billion acquisition in February 2016, a period when the company expanded in Wi-Fi, Bluetooth, set-top box and data center switch chips.
Source - Hock Tan2006–present
President and Chief Executive Officer
Hock E. Tan became CEO of Avago Technologies in March 2006 and has run the company through its acquisitions of LSI (2014), Broadcom Corporation (2016), Brocade (2017), CA Technologies (2018), Symantec's enterprise business (2019) and VMware (2023).
Source - Kirsten Spears2020–2026
Chief Financial Officer
Kirsten Spears was CFO for about six years of her 12 years at Broadcom, covering the VMware financing and the AI-driven growth of 2024 and 2025. She retired on 12 June 2026 and agreed to advise the company for nine months.
Source - Amie Thuener2026–present
Chief Financial Officer
Amie Thuener joined Broadcom as CFO on 12 June 2026 from Alphabet, where she had been vice president, corporate controller and chief accounting officer since 2018, after an earlier career at PricewaterhouseCoopers.
Source
Morgan Stanley
- James Gorman2010–2023
Former Chairman and Chief Executive Officer
Gorman's tenure moved Morgan Stanley toward recurring fee revenue. He became executive chairman after stepping down as CEO and left the board at the end of 2024.
Source - Ted Pick2024–present
Chairman and Chief Executive Officer
Under Pick, Morgan Stanley reported record 2025 net revenues of $70.6B and record Q2 2026 results.
Source
Timeline: Broadcom and Morgan Stanley side by side
1935Morgan Stanley
Morgan Stanley Founded
Henry S. Morgan and Harold Stanley officially launch the top investment bank following the historic Glass-Steagall split.
1991Broadcom
Broadcom Corporation founded
UCLA professor Henry Samueli and his former doctoral student Henry Nicholas III found Broadcom Corporation in Los Angeles to build broadband communications chips in CMOS, starting with chips for cable modems and digital set-top boxes.
1996Morgan Stanley
Acquired Van Kampen American Capital
Morgan Stanley acquired Van Kampen American Capital in 1996.
1997Morgan Stanley
Merged with Dean Witter Discover & Co
Morgan Stanley merged with Dean Witter Discover & Co in February 1997.
1998Broadcom
Broadcom Corporation IPO
Broadcom Corporation lists on Nasdaq in April 1998 at $24 a share, as cable operators roll out DOCSIS cable modems built on its chips.
2005Broadcom
Avago Technologies formed
KKR and Silver Lake buy Agilent Technologies' semiconductor products group, whose roots go back to Hewlett-Packard's chip operations, for about $2.66 billion and name it Avago Technologies.
2006Broadcom
Hock Tan becomes CEO of Avago
Hock Tan becomes president and CEO of Avago in March 2006 and begins pruning its portfolio to the businesses with defensible technology.
2008Morgan Stanley
Bank Holding Company Conversion
Facing total catastrophic collapse, the firm converts into a traditional bank holding company to survive the global financial crisis.
2009Broadcom
Avago lists on Nasdaq
Avago Technologies goes public on Nasdaq in August 2009 at $15 a share, giving it stock to use in later acquisitions.
2009Morgan Stanley
The Smith Barney Acquisition
then-CEO James Gorman masterminds the acquisition of Smith Barney, instantly creating a dominant retail wealth management leader.
2014Broadcom
LSI Corporation acquired
Avago completes its $6.6 billion purchase of LSI in May 2014, adding storage controllers and custom ASIC design teams.
2016Broadcom
Avago buys Broadcom Corporation
Avago completes its $37 billion acquisition of Broadcom Corporation in February 2016, takes the Broadcom name and trades as AVGO.
2017Broadcom
Brocade acquired
Broadcom completes its $5.9 billion purchase of Brocade Communications in November 2017, adding Fibre Channel storage networking switches.
2018Broadcom
Qualcomm bid blocked and move to the U.S.
President Trump blocks Broadcom's unsolicited bid for Qualcomm on national security grounds in March 2018. Broadcom completes its redomicile from Singapore to the United States that April.
2018Broadcom
CA Technologies acquired
Broadcom completes its $18.9 billion purchase of CA Technologies in November 2018, its first large software deal, creating the infrastructure software segment.
2018Morgan Stanley
Acquired Mesa West
Morgan Stanley acquired Mesa West in March 2018.
2019Broadcom
Symantec enterprise security acquired
Broadcom buys Symantec's enterprise security business for $10.7 billion in November 2019, adding endpoint, web and data loss prevention software.
2020Morgan Stanley
E*TRADE Acquisition
Morgan Stanley dominates the self-directed brokerage market by acquiring E*TRADE for $13 billion.
2021Morgan Stanley
Acquired Eaton Vance
Morgan Stanley acquired Eaton Vance for $7 billion. Morgan Stanley acquired Eaton Vance for about $7B, completed in March 2021, adding Parametric, Calvert, and Atlanta Capital.
2022Broadcom
VMware deal announced
Broadcom agrees in May 2022 to buy VMware in a cash-and-stock deal valued at about $61 billion at announcement.
2023Broadcom
VMware acquisition closes
Broadcom completes the VMware acquisition on 22 November 2023 after clearances in the U.S., EU, UK and China, a deal valued at about $69 billion including assumed debt.
2024Broadcom
Stock split and $1 trillion market value
Broadcom splits its stock 10-for-1 in July 2024, sells VMware's end-user computing unit to KKR for about $4 billion, reports fiscal 2024 revenue of $51.6 billion and passes $1 trillion in market value in December 2024.
2024Morgan Stanley
Ted Pick Appointed CEO
Following a competitive internal succession, Ted Pick takes the helm to heavily drive the integration strategy.
2025Broadcom
OpenAI partnership and record fiscal 2025
OpenAI and Broadcom agree in October 2025 to deploy 10 gigawatts of OpenAI-designed accelerators. Fiscal 2025 revenue rises 24% to $63.9 billion, with about $20 billion from AI chips.
2026Broadcom
AI chips pass half of revenue
Amie Thuener becomes CFO in June 2026. Third-quarter fiscal 2026 revenue rises 86% to $29.6 billion, and AI semiconductor revenue of $16.7 billion is 56% of the total.
Acquisitions
Broadcom
- VMware2023$69B
- Symantec Enterprise Security business2019$10.7B
- CA Technologies2018$18.9B
- Brocade Communications Systems2017$5.9B
- Broadcom Corporation2016$37B
- LSI Corporation2014$6.6B
Morgan Stanley
- Eaton Vance2021$7B
- E*TRADE2020$13B
- Smith Barney2009Undisclosed
Questions about Broadcom vs Morgan Stanley
Who is the CEO of Broadcom Inc. and Morgan Stanley?
Broadcom Inc. is led by Hock Tan and Morgan Stanley is led by Ted Pick. Both serve as the top executive responsible for the company's strategy, operations, and financial performance.
When was Broadcom Inc. founded vs Morgan Stanley?
Morgan Stanley was founded in 1935 — 56 years before Broadcom Inc., which was founded in 1991. Morgan Stanley's longer operating history gives it a deeper track record but also potentially more institutional inertia compared to the younger Broadcom Inc..
How many employees does Broadcom Inc. have compared to Morgan Stanley?
Broadcom Inc. employs approximately 33,000 people, while Morgan Stanley employs approximately 83,000. Morgan Stanley has the larger workforce at 83,000 employees, compared to Broadcom Inc.'s 33,000. A higher headcount does not necessarily imply greater efficiency — it often reflects differences in business model (e.g., manufacturing vs. software).
Where are Broadcom Inc. and Morgan Stanley headquartered?
Both Broadcom Inc. and Morgan Stanley are headquartered in United States, meaning they operate under the same primary regulatory and tax environment.
Who founded Broadcom Inc. and Morgan Stanley?
Broadcom Inc. was founded by Henry Samueli, Henry Nicholas III. Morgan Stanley was founded by Henry S. Morgan, Harold Stanley.
Which company has a longer operating history — Broadcom Inc. or Morgan Stanley?
Morgan Stanley has been operating for approximately 91 years, making it the more established of the two companies. Broadcom Inc. has been in operation for around 35 years. A longer operating history often signals greater institutional resilience and brand recognition, though it can also mean slower adaptation to new market conditions.
Figures come from each company's filings and the sources linked beside them. Amounts reported in another currency are shown in US dollars at an approximate rate and marked with ~. Back to the Broadcom vs Morgan Stanley overview