Episode News (Text / Xiaobei) Texas Instruments (TI) said on Tuesday that Brian Crutcher resigned as president, CEO and TI board member, the board has appointed Rich Templeton as the new CEO, and Rich Templeton will continue to serve as TI director Long. TI emphasizes that Rich Templeton is not a temporary CEO, will serve for a long time, and the board will not find alternatives.
Brian Crutcher's resignation was a violation of the company's code of conduct. TI said Crutcher's violations are related to its own behavior, which is inconsistent with TI's ethics and core values, but not with TI's strategy, operations and financial reporting.
Mark Blinn, Chairman of TI's Board of Directors, said that TI's core values and codes of conduct have been the foundation of our operations and behavior for decades, and we have a zero-tolerance attitude toward violations of the Code. Over the past 14 years, Rich has conducted TI on TI. A successful leader. TI is confident in Rich's values and ability to continue to lead the company's advancement.'
Rich said that I am proud of TI and are keen to make it stronger.
In January of this year, TI announced a coaching change. Rich Templeton, a former CEO for 14 years, will step down. Brian Crutcher, who has served for 22 years, will replace Templeton as CEO, and Crutcher will take office on June 1.
In a short time, Rich Templeton returned to the old seat.
Rich Templeton is a 'veteran' of TI. In 1990, he joined TI after graduating with a degree in electrical engineering from Union College in New York. From June 1996 to April 2004, he served as executive vice president and semiconductor business unit. President; served as TI COO from April 2000 to April 2004; served as president and CEO in May 2004; served as chairman of the board in 2008; he has served on the company's board of directors since July 2003.
According to industry insiders, Rich Templeton understands the semiconductor strategy because of his many positions. Under his leadership, TI has demonstrated stronger technology and product positioning in its core business.