Texas Instruments on Thursday announced the appointment of Israeli-American Haviv Ilan as the chip company’s new CEO.
He will replace the semiconductor maker’s longtime executive Rich Templeton in April after 18 years in the position.
Ilan, 54, joined the Dallas-based firm in 1999 after it bought his Israeli tech startup Butterfly. He currently serves as a senior vice president at Texas Instruments, whose chips and technology are used worldwide in the production of calculators, aircraft, cars, cellphones and televisions.
“Haviv is an inspiring leader who is widely respected among our customers, employees and shareholders,” Templeton said in a statement. Press release Announcement of decision. “He has a proven track record of delivering results, an intense focus on innovation and a passion for winning, all of which make him an exceptional leader. The Board and I are confident that Haviv is the right person to serve as TI’s next CEO and further strengthen the company for the long term.”
“I am honored to lead TI during this amazing time for our company and our industry,” Ilan said in the press release.
“The combination of our broad portfolio of products, strong foundation of manufacturing and technology, reach of market channels and diverse and long-standing positions place TI in a unique class of companies. How we make TI strong and when Our ambitions and values will remain integral to how our employees, customers, communities and shareholders all benefit when we are successful.
