Texas Instruments Inc.
Leadership History
4 leaders · 1985 to present
Haviv Ilan is the CEO of Texas Instruments, in the role since 2023. The first chief executive was Jerry R. Junkins, from 1985.
| Name | Role | From | To | Years in role |
|---|---|---|---|---|
| Haviv Ilan | Chairman, President and Chief Executive Officer | 2023 | Present | 3 |
| Rich Templeton | President and Chief Executive Officer | 2004 | 2023 | 19 |
| Thomas J. Engibous | Chairman, President and Chief Executive Officer | 1996 | 2004 | 8 |
| Jerry R. Junkins | Chairman, President and Chief Executive Officer | 1985 | 1996 | 11 |
Texas Instruments reported FY2025 revenue of $17.682 billion and net income of $5.001 billion, with about 33,000 employees. In Q2 2026 revenue rose 23% to $5.463 billion. Haviv Ilan is chairman, president and CEO, and the company's market value was roughly $236 billion in September 2026. The company is headquartered in Dallas, Texas.
Texas Instruments operates an integrated semiconductor design and manufacturing model, specializing in high-margin analog chips and embedded processing solutions. The company manufactures tens of thousands of differentiated products sold to over 100,000 global customers across the industrial, automotive, personal electronics, communications, and enterprise systems sectors. Revenue is anchored by Analog Semiconductor Products (operational amplifiers, data converters, power management integrated circuits), which convert real-world signals into digital data, and Embedded Processing Hardware (microcontrollers, digital signal processors). Operating its own high-efficiency 300mm wafer fabrication facilities, TI maintains substantial structural cost advantages, low capital intensity per chip, long product lifecycles, and exceptional free cash flow margins.
Chairman, President and Chief Executive Officer
2023 – Present
3 years (current)
Haviv Ilan succeeded Rich Templeton as president and CEO on April 1, 2023, and later added the chairman role. He has overseen the start of production at Sherman SM1 in December 2025, the 2025-2026 revenue recovery and the 2026 agreement to buy Silicon Labs.
President and Chief Executive Officer
2004 – 2023
19 years
Templeton executed the massive strategic pivot away from high-volatility mobile phone processors (like the OMAP chip) to focus entirely on analog and embedded processing.
During his nearly 20 years as CEO, he transformed TI into a massive free-cash-flow generating machine, aggressively expanding its 300mm wafer manufacturing footprint in the US.
Chairman, President and Chief Executive Officer
1996 – 2004
8 years
Engibous became chief executive in 1996 and sold the defence, memory and notebook-computer businesses to concentrate on digital signal processors and analog chips.
He led the 2000 purchase of Burr-Brown. Rich Templeton succeeded him as chief executive in 2004.
Chairman, President and Chief Executive Officer
1985 – 1996
11 years
Junkins became chief executive in 1985 and built joint ventures for memory chip production in Asia and Europe.
He died suddenly in May 1996 while on a business trip in Germany, and Tom Engibous succeeded him.
TI's main risks are cyclical industrial and automotive demand, exposure to China (a large end market where domestic analog suppliers are gaining ground), export controls and tariffs, the cost of keeping new 300mm fabs utilized, and integration risk from the pending Silicon Labs acquisition.
Haviv Ilan serves as Chairman, President, and Chief Executive Officer of Texas Instruments Incorporated, having assumed the CEO position in April 2023 and the Chairman role in 2024.
Haviv Ilan joined TI in 1999 through the acquisition of Butterfly VLSI. Over 24 years, he led High-Performance Analog, served as Senior Vice President of Analog Signal Chain, and became Chief Operating Officer in 2020.
Ilan oversaw the commercial ramp of the 300mm SM1 mega-fab in Sherman, Texas, navigated the post-pandemic semiconductor cycle to achieve record $6.5B free cash flow, and orchestrated the $7.5B acquisition of Silicon Labs.
Richard K. (Rich) Templeton served as CEO from 2004 to 2023 and Chairman through 2024. He executed the brilliant pivot to analog semiconductors, acquired National Semiconductor, built the world's first 300mm analog fabs, and increased TI's dividend by 20% annually.
Thomas (Tom) Engibous saved TI from commodity decline by divesting defense electronics and DRAM memory, focusing the entire company on digital signal processors (DSPs) and analog chips during the mobile telecommunications boom.
Jerry Junkins led TI through fierce Japanese semiconductor competition in the late 1980s, established global joint-venture fabs, and aggressively enforced TI's patent portfolio, collecting billions in royalty settlements.
Patrick E. Haggerty served as President and Chairman from 1958 to 1976. He personally championed hiring Gordon Teal to invent the silicon transistor, hired Jack Kilby to invent the integrated circuit, and built TI into a global technology giant.
J. Erik Jonsson was a co-founder and President of TI who later served four terms as Mayor of Dallas (1964–1971), constructing Dallas/Fort Worth International Airport (DFW) and co-founding the University of Texas at Dallas (UTD).
Rafael R. Lizardi serves as Executive Vice President and Chief Financial Officer of TI, having held the position since 2017 to manage capital allocation and maintain TI's commitment to free cash flow return.
Executive compensation at TI is uniquely aligned with shareholders: long-term incentives are tied strictly to Free Cash Flow Per Share growth and total shareholder return (TSR) relative to the S&P 500, avoiding vanity revenue metrics.
TI maintains a diverse, independent Board of Directors consisting of global corporate leaders in aerospace, healthcare, technology, and manufacturing, governing committees for Audit, Compensation, and Governance.
Ilan adheres to TI's founding ethos: investing counter-cyclically in proprietary manufacturing capacity during downturns to emerge with lower unit costs and abundant supply when industry demand recovers.
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