Current CEO Rich Templeton continues as chairman of the board
Our company announced today that Haviv Ilan will become the next president and chief executive officer (CEO) of Texas Instruments, effective April 1.
A 24-year veteran of TI, Haviv succeeds our current president and CEO, Rich Templeton, who will remain chairman of the board.
“Haviv is an inspiring leader who is widely respected amongst our customers, employees and shareholders,” Rich said. “He has a proven track record of delivering results, an intense focus on innovation and a passion to win, all of which make him an exceptional leader. The board and I are confident that Haviv is the right person to serve as TI’s next CEO and further strengthen the company for the long term.”
The transition is a well-planned succession that follows Haviv’s promotion to senior vice president in 2014, executive vice president and chief operating officer in 2020, and election to the board of directors in 2021.
Haviv has served in a variety of senior management roles at TI, including leading businesses in both analog and embedded processing. He joined TI in 1999 through the acquisition of Butterfly, a wireless start-up company in Israel. Haviv earned bachelor’s and master’s degrees in electrical engineering from Tel Aviv University. He also earned a Master of Business Administration from the Joint International Executive MBA Program at Northwestern University’s Kellogg School of Management and Tel Aviv University’s Leon Recanati Graduate School of Business Administration.
Haviv Ilan, a 24-year veteran of TI, will become our company’s next president and CEO, effective April 1.
“I am honored to lead TI during this amazing time for our company and our industry,” said Haviv. “The combination of our broad portfolio of products, strong foundation of manufacturing and technology, reach of market channels and diverse and long-lived positions all put TI in a unique class of companies. Our ambitions and values will continue to be integral to how we build TI stronger and when we are successful, our employees, customers, communities and shareholders all benefit.”
Haviv and Rich have worked closely together for many years, and they will transition president and CEO responsibilities over the next few months.
"I have had the privilege of working closely with Rich throughout my time at TI. He’s transformed the company into what it is today, and he’s led with an unwavering commitment to TI and our people,” said Haviv. “I look forward to continuing to work with him as chairman.”
During his nearly two decades leading our company, Rich helped define and execute TI’s strategy to focus on semiconductors for signal processing and guided the company during this transformation. His strategic actions included the acquisition of National Semiconductor and the successful wind down of the company’s wireless operations, which led TI to become a global leader in analog and embedded processing. Rich directed the company’s strategic investments to strengthen research and development, expand manufacturing and build closer direct customer relationships. Under his leadership, TI emerged stronger, with better technological and product positions.
“TI’s strategy, operations and financial discipline set the company apart from others in the industry. The company is well-positioned for growth thanks to Rich’s vision and leadership during his 18-year tenure as CEO. Rich transformed the company by reshaping the focus to analog and embedded processing,” said Pam Patsley, lead director of the TI board and chair of the compensation committee. “He leaves an incredible legacy at TI and across the industry, and we look forward to continuing to benefit from his leadership and insights as executive chairman.”
In addition to his leadership of TI, Rich has carried forward the TI legacy of giving back that began with our founders. He has a passion for building strong communities and has been an advocate for STEM education and a champion of research and innovation. This philanthropic spirit has inspired TIers around the globe to make our company one we’re personally proud to be a part of and that we would want as our neighbor.
Rich Templeton, who has carried forward our company’s legacy of giving back, joins TI volunteers at a STEM event to give students hands-on experience with the basics of science, technology, engineering and math.