Texas Instruments has announced that its board of directors has elected President and Chief Executive Officer Haviv Ilan to assume the additional role of chairman, effective January 2026. Ilan will succeed Rich Templeton, who is set to retire at the end of 2025, concluding a remarkable 45-year career with the company.
Ilan, who joined TI in 1999, has served as president and CEO since 2023 and has been a member of the company’s board since 2021. Over his 26-year career at TI, he has held key leadership positions across the analog and embedded processing businesses, as well as serving as chief operating officer before becoming CEO.
“Rich leaves an incredible legacy at TI and across the semiconductor industry,” said Janet Clark, lead director of TI’s board and chair of the audit committee. “He has been a transformative leader whose vision, passion, and wisdom have shaped TI into the great company it is today. This transition is well planned, and the company is in an excellent position operationally, financially, and strategically. Haviv’s appointment as chairman reflects his proven leadership and the board’s confidence in his ability to continue strengthening TI for the long term.”
Reflecting on the announcement, Ilan expressed gratitude for Templeton’s leadership and lasting influence. “On behalf of our entire company, I want to thank Rich for his steadfast dedication and contributions to TI. His leadership has been instrumental in driving our success and inspiring a generation of leaders. I am honored to carry his legacy forward as we continue executing our strategy, reinforcing our competitive strengths, and creating long-term value.”
Templeton’s retirement marks the close of an era at TI. Under his leadership, the company solidified its position as a global leader in analog and embedded semiconductors, achieved record growth, and maintained a strong culture of innovation and operational excellence.
The planned transition ensures continuity in leadership as TI continues to focus on long-term strategic growth and strengthening its position in the global semiconductor industry.
Original – Texas Instruments