A founder of networking chip vendor Broadcom, Henry Nicholas, has resigned as president and CEO, the company announced Thursday.Nicholas co-founded the Irvine, Calif., company with Henry Samueli, chief technical officer and vice president of research and development, in 1991. He is taking time off to deal with “serious family matters,” according to a quote attributed to him in a company statement.The resignation was effective immediately, according to Bill Blanning, senior director of corporate communications. Nicholas has said publicly that he wants to devote more time to his family in light of a recent separation and pending divorce, Blanning said.Alan Ross, a Broadcom board member who has been serving as chief operating officer since November, is taking over as president and CEO while the company searches for a permanent president and CEO, according to the statement. Samueli will continue in his current roles. Nicholas will serve out his current term as co-chairman of Broadcom’s board, which ends in May, and will continue to provide technical and industry expertise as needed, the statement said. Related content news Cisco CCNA and AWS cloud networking rank among highest paying IT certifications Cloud expertise and security know-how remain critical in building today’s networks, and these skills pay top dollar, according to Skillsoft’s annual ranking of the most valuable IT certifications. Demand for talent continues to outweigh s By Denise Dubie Nov 30, 2023 7 mins Certifications Certifications Certifications news Mainframe modernization gets a boost from Kyndryl, AWS collaboration Kyndryl and AWS have expanded their partnership to help enterprise customers simplify and accelerate their mainframe modernization initiatives. By Michael Cooney Nov 30, 2023 4 mins Mainframes Cloud Computing Data Center news AWS and Nvidia partner on Project Ceiba, a GPU-powered AI supercomputer The companies are extending their AI partnership, and one key initiative is a supercomputer that will be integrated with AWS services and used by Nvidia’s own R&D teams. By Andy Patrizio Nov 30, 2023 3 mins CPUs and Processors Generative AI Supercomputers news VMware stung by defections and layoffs after Broadcom close Layoffs and executive departures are expected after an acquisition, but there's also concern about VMware customer retention. By Andy Patrizio Nov 30, 2023 3 mins Virtualization Data Center Industry Podcasts Videos Resources Events NEWSLETTERS Newsletter Promo Module Test Description for newsletter promo module. Please enter a valid email address Subscribe