News Summary
Rich Templeton will retire from Texas Instruments after a 45-year career, with Haviv Ilan stepping in as chairman in 2026. Templeton’s leadership has shaped TI’s success, guiding the company through various challenges. Ilan, who has been with TI for 26 years, is expected to continue the momentum and innovate within the semiconductor industry. As the company prepares for this transition, the focus remains on upholding the strong foundation established by Templeton.
Texas – Rich Templeton, a prominent figure in the semiconductor industry, has announced his retirement from Texas Instruments at the end of 2025. Templeton’s tenure at the company spans over 45 years, during which he has held influential roles including both CEO and chairman of the board.
Effective January 2026, Haviv Ilan, the current president and CEO, will take on the additional responsibility of chairman. Ilan has been with Texas Instruments for 26 years and became president and CEO in 2023 after previously serving as Chief Operating Officer and in various senior leadership roles. His appointment to the board of directors occurred in 2021, positioning him to lead the company into the next chapter following Templeton’s departure.
As lead director of TI’s board, Janet Clark commended Templeton’s transformative leadership and significant contributions to the semiconductor industry, highlighting the strong legacy he leaves behind. Ilan has also acknowledged Templeton’s impact, expressing gratitude for the foundation built under his guidance, which he aims to build upon for ongoing success.
Templeton began his journey with Texas Instruments in 1980, starting in sales and gradually advancing to lead the semiconductor business. His leadership abilities were recognized early on, and he ascended to the role of Chief Operating Officer from 2000 to 2004. After becoming president and CEO in 2004, Templeton initially stepped down from the position in June 2018 but returned just one month later following his successor’s resignation due to violations of company conduct. Since 2023, he has been serving on the TI board while transitioning to a new chapter in his career.
Throughout his distinguished career, Templeton has been instrumental in driving the growth and innovation of Texas Instruments. The company has solidified its position as a leading player in the semiconductor market, providing support and solutions to various sectors. Under Templeton’s leadership, TI has continually evolved, adapting to the fast-paced technological landscape and shifting market demands while maintaining a commitment to excellence and integrity.
Haviv Ilan’s upcoming role as chairman will include overseeing the strategic direction of Texas Instruments. Having been involved in the company’s operations and growth for many years, Ilan is anticipated to bring his vision and extensive experience into this leadership position. This transition aims to maintain the momentum established by Templeton and continue fostering innovation and operational excellence within the company.
In his new role, Ilan will also navigate the complex challenges faced by the semiconductor industry, which has been marked by rapid advancements and competitive dynamics. With an extensive background in various aspects of Texas Instruments’ operations and a deep understanding of the company’s vision and values, Ilan is well-positioned to lead TI into the future while honoring the legacy of his predecessor.
As Texas Instruments prepares for this significant leadership shift, the business community and stakeholders will be closely watching how the transition unfolds. Templeton’s retirement marks the end of an era for Texas Instruments, a company that has been a cornerstone of innovation in the semiconductor sector. With a focus on continuous improvement and strategic growth, the company aims to uphold its reputation for leadership while adapting to the evolving technological landscape.
Rich Templeton’s announcement is a pivotal moment for Texas Instruments as it looks to build on its substantial achievements and further advance its mission in the semiconductor industry. The upcoming transition to Haviv Ilan’s chairmanship is expected to guide the company towards sustained success as it continues to innovate and lead in the technology space.
Deeper Dive: News & Info About This Topic
- PR Newswire: Texas Instruments Names Haviv Ilan as Chairman
- Wikipedia: Texas Instruments
- WFAA: Texas Instruments Chairman Retires
- Google Search: Texas Instruments Haviv Ilan
- TipRanks: Texas Instruments Names Haviv Ilan
- Encyclopedia Britannica: Texas Instruments
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