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Texas Instruments replaces CEO Rich Templeton with current operating chief Haviv Ilan - TL;DR CNBC

Texas Instruments replaces CEO Rich Templeton with current operating chief Haviv Ilan

Publishing timestamp: 2023-01-19 17:43:07


Summary

Texas Instruments announced that its CEO of almost 19 years, Rich Templeton, will step down on April 1 and be replaced by Haviv Ilan, its chief operating officer. Texas Instruments stock was flat in extended trading after the disclosure. Under Templeton's leadership, the company's stock has grown 581%. Ilan joined Texas Instruments in 1999 and had been senior vice president of its analog signal chain and high-performance analog divisions.


Sentiment: NEUTRAL

Tickers: SMHTXN

Keywords: technologybusinessenterprisetexas instruments incvaneck semiconductor etfbusiness newsbreaking news: technology

Source: https://www.cnbc.com/2023/01/19/texas-instruments-picks-havav-ilan-to-replace-rich-templeton-as-ceo.html


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