Space Exploration Technologies (SpaceX), a manufacturer of launch vehicles and spacecraft, has named Bret Johnsen as chief financial officer (CFO). He brings 20 years of financial leadership experience in high-profile, publicly traded companies.
Johnsen spent nearly a decade at Broadcom Corporation, one of the world’s largest manufacturers of semiconductors for wired and wireless communications. He played a key role in helping transform Broadcom into a leading Fortune 500 technology company. There he developed processes that drove operating efficiencies, saving Broadcom millions of dollars annually. Starting out as controller for a number of business groups within Broadcom, he quickly rose up the ranks. He ultimately was named vice president, corporate controller and principal accounting officer (PAO), overseeing an 80-member accounting organisation in nine countries.
After leaving Broadcom, he served as senior vice president (SVP) and CFO for Mindspeed Technologies. Last year, he was named ‘CFO of the Year’ by the Orange County Business Journal for bringing the chip maker through the recession by cutting costs, reworking debt, selling stock and raising cash through patent sales.
Johnsen holds a BSc in Accounting from the University of Southern California and a Master of Science in Finance from San Diego State University. He is a certified public accountant (CPA) in the State of California.
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Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
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