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In January 2023, Texas Instruments announced Templeton will step down on April 1, to be replaced by its chief operating officer Haviv Ilan. Templeton will remain as chairman of the board. Under his leadership since May 2004, Texas Instruments stock grew 581%, outperforming the VanEck Semiconductor ETF Index , which has risen 549%.
His focus on cutting costs to keep the company competitive led to the implementation of computer-aided methods for manufacturing semiconductor-based products. With increasing competition later in his career from Asian suppliers, Shepherd shifted Texas Instruments away from consumer products and focused on semiconductor technology. [3]
Because a firm named General Instrument already existed, the company was renamed Texas Instruments that same year. From 1956 to 1961, Fred Agnich of Dallas, later a Republican member of the Texas House of Representatives, was the Texas Instruments president. Geophysical Service, Inc. became a subsidiary of Texas Instruments.
In 1962, he founded Electronic Data Systems, a data processing service company. In 1984, General Motors bought a controlling interest in the company for $2.4 billion ($6 billion in 2023). Perot established Perot Systems in 1988 and was an angel investor for NeXT , a computer company founded by Steve Jobs after he left Apple .
Kevin joined TI after graduation in 1984, working in an array of different positions throughout the Dallas-based company. In 2002, March was appointed Controller of TI, and in October 2003, was named CFO, replacing longtime TI CFO Bill Aylesworth. [2] In 2008, March was named CFO of the Year for large public companies by Dallas Business Journal.
(Reuters) -Texas Instruments said on Friday it would receive up to $1.6 billion in funding from the U.S. Commerce Department towards the construction of three new facilities, the latest government ...
The company forecast earnings in the range of 94 cents to $1.16 per share for the first quarter, compared to analysts' average estimate of $1.17 per share, according to data compiled by LSEG.
Jerry Ray Junkins (December 9, 1937 – May 29, 1996) was a U.S. electronics businessman who served as the president, chairman, and CEO of Texas Instruments, Incorporated from 1988 until his death in Germany, during a business trip. Junkins was born in Fort Madison, Iowa. He was the salutatorian of his high school class of 25 students in ...