Posted 20 January, 2023
TEXAS INSTRUMENTS INC appointed Haviv Ilan as new CEO
Nasdaq:TXN appointed new Chief Executive Officer Haviv Ilan in a 8-K filed on 20 January, 2023.
On January 19, 2023, the Company's Board of Directors appointed Haviv Ilan to the position of President and Chief Executive Officer succeeding Richard K. Templeton.
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Overview of TEXAS INSTRUMENTS INC
Technology • Semiconductors
Texas Instruments Incorporated engages in the design and manufacture of semiconductors. It operates through the following segments: Analog, Embedded Processing, and Other. Analog semiconductors change real-world signals, such as sound, temperature, pressure or images, by conditioning them, amplifying them and often converting them to a stream of digital data that can be processed by other semiconductors, such as embedded processors. The Embedded Processing segment involves handling specific tasks and can be optimized for various combinations of performance, power, and cost, depending on the application. The company was founded in 1930 and is headquartered in Dallas, TX.Market Cap
$157B
View Company Details
$157B
Relevant filing section
ITEM 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On January 19, 2023, the Company's Board of Directors appointed Haviv Ilan to the position of President and Chief Executive Officer succeeding Richard K. Templeton. The appointment and transition will be effective April 1, 2023. Mr. Templeton will remain Chairman of the Board. Mr. Ilan, 54, is currently a member of the Board and has served in various leadership positions during his tenure with the Company, including, during the past five years, Senior Vice President and his current role as Executive Vice President and Chief Operating Officer. In connection with his appointment, Mr. Ilan will receive an annual base salary of $1,150,000 beginning April 1, 2023. The remainder of Mr. Ilan's compensation remains unchanged.
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