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.
Big Changes at Texas Instruments: Templeton to Retire, Ilan Steps Up
Dallas has some noteworthy news for the world of technology and business! After an incredible 45-year journey with Texas Instruments (TI), Rich Templeton has decided to retire at the end of 2025. It’s a major shift for the company, as Templeton’s contributions have truly been monumental during his time as CEO and chairman of the board.
A New Era Begins
Taking the reins will be Haviv Ilan, the current President and CEO, who will also assume the role of chairman starting in January 2026. This suggests a seamless transition, as Ilan has been actively involved in TI’s operations for an impressive 26 years. In fact, his tenure at Texas Instruments really took off with various senior leadership roles before he stepped up as President and CEO in 2023.
Templeton’s Legacy
Rich Templeton’s story with TI began all the way back in 1980, when he kicked off his career in sales and steadily climbed the ranks. Over the years, he not only took on the responsibility of leading the semiconductor business but also served as the chief operating officer from 2000 to 2004. Templeton became the president and CEO in 2004, and during his leadership, he guided Texas Instruments through both challenges and triumphs.
Notably, he briefly stepped down in June 2018 only to return a month later after his successor’s abrupt resignation. Templeton’s steadiness and dedication allowed him to remain CEO until he transitioned to the board of directors in 2023, bringing forth a wealth of knowledge and experience.
Looking Forward with Haviv Ilan
With Haviv Ilan stepping into his added role as chairman, many are optimistic about what lies ahead for Texas Instruments. Ilan has been a member of TI’s board of directors since 2021, and he certainly has the insight and capability to lead TI into the next chapter. Janet Clark, the lead director of TI’s board, has acknowledged Templeton’s impactful legacy, highlighting his transformative leadership, especially in the semiconductor industry.
Continuing Success
As Ilan looks to the future, he has expressed deep gratitude for Templeton’s immeasurable contributions. He’s excited about building on the strong foundation that Templeton has established and ensuring Texas Instruments continues its trajectory toward success. Under Ilan’s leadership, the team aims to keep innovating and pushing boundaries, all while maintaining the values that have made Texas Instruments a leading name in the industry.
In Conclusion
As Rich Templeton prepares to step away from Texas Instruments, the company is set to embrace new leadership while building on its rich history. Haviv Ilan’s journey from various senior roles to CEO showcases a clear dedication to the company’s mission. With excitement and a sense of appreciation for Templeton’s legacy, Texas Instruments is ready to move forward into the future of technology.
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
Author: STAFF HERE HOUSTON TX WRITER
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