Broadcom, HPE Lawyers’ Compensation Spikes Higher on Deal Work

The top lawyers for Broadcom Inc. and Hewlett Packard Enterprise Co. received big increases in their total compensation last year, thanks in part due to their work on a pair of major technology sector transactions.

Broadcom disclosed in a proxy statement Monday that chief legal and corporate affairs officer Mark Brazeal nearly doubled his pay to $29 million in 2024, lifted by about $27.7 million in stock awards that was an 87% increase over the $15.5 million he received in 2023.

The company credited Brazeal in its filing with having led an “effort to obtain regulatory approvals” from US ...