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 Instruments Announces Leadership Transition as CEO Rich Templeton Retires
Texas is witnessing a significant leadership shift at Texas Instruments (TI), with Rich Templeton announcing his retirement as CEO and chairman effective at the end of 2025, after a remarkable 45-year tenure with the company. His retirement marks a pivotal moment for TI, given Templeton’s immense contributions during his time at the helm.
A New Era Begins with Haviv Ilan
Following Templeton’s departure, Haviv Ilan, the current President and CEO, will take on the role of chairman starting January 2026. Ilan has been a part of TI for 26 years, during which he has held various senior leadership positions. His appointment as chair is expected to ensure a smooth transition, as Ilan has demonstrated deep involvement in TI’s operations and overall strategy, culminating in his role as CEO since 2023.
Templeton’s Impactful Legacy
Rich Templeton’s journey with TI began in 1980 in sales, where he steadily advanced through the ranks, eventually leading the semiconductor business and serving as the chief operating officer from 2000 to 2004. In 2004, he became president and CEO and successfully navigated the company through various challenges and achievements. In June 2018, Templeton briefly stepped down but returned to his role just a month later following the resignation of his successor. He transitioned to the board of directors in 2023, continuing to guide the company with his extensive experience.
Looking Ahead with Haviv Ilan
With Haviv Ilan stepping into the chairman role, anticipation is high regarding TI’s next chapter. Ilan has been on TI’s board of directors since 2021, allowing him to develop valuable insights about the company’s operations and culture. Janet Clark, TI’s lead director, acknowledged Templeton’s influence, particularly in the semiconductor sector, emphasizing the importance of strong leadership as the company moves forward.
Commitment to Innovation and Values
As Ilan prepares to lead Texas Instruments into the future, he has expressed gratitude for Templeton’s substantial contributions. Ilan aims to build upon the solid foundation established by Templeton, ensuring that TI not only continues to innovate but also remains committed to its core values that have established it as a prominent figure in the technology sector. The focus will be on pushing boundaries and driving progress within the industry.
Conclusion: Embracing Change and Legacy
As Rich Templeton’s departure approaches, Texas Instruments is positioned to embrace new leadership while honoring its storied history. Haviv Ilan’s trajectory within the company highlights his commitment to TI’s mission. With a blend of gratitude for Templeton’s legacy and confidence in the future, Texas Instruments is poised for continued success in the dynamic landscape 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 AUSTIN WRITER
The AUSTIN STAFF WRITER represents the experienced team at HEREAustinTX.com, your go-to source for actionable local news and information in Austin, Travis County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as SXSW, Austin City Limits Music Festival, Formula 1 United States Grand Prix, and the Austin Film Festival. Our coverage extends to key organizations like the Greater Austin Chamber of Commerce and Visit Austin, plus leading businesses in technology, automotive, and retail that power the local economy such as Dell Technologies, Tesla, and Apple. As part of the broader HERE network, including HERECollegeStation.com, HEREDallas.com, HEREHouston.com, and HERESanAntonio.com, we provide comprehensive, credible insights into Texas's dynamic landscape.
