Haviv Ilan joins TI board of directors

Rhea-AI Summary

Texas Instruments (Nasdaq: TXN) has appointed Haviv Ilan to its board of directors, effective December 6, 2021. Mr. Ilan, currently the executive vice president and COO of TI, brings valuable experience in managing large global organizations. He joined TI in 1999 and has held the COO position since 2020. The board's leadership believes his strong business acumen and strategic mindset will enhance decision-making. Texas Instruments is a leading semiconductor company focused on designing and manufacturing analog and embedded processing chips across various markets.

Positive

• Haviv Ilan's appointment provides fresh leadership and insights to the board.
• His extensive experience at TI is expected to strengthen board effectiveness.

Negative

• None.

DALLAS, Dec. 6, 2021 /PRNewswire/ -- Texas Instruments Incorporated (TI) (Nasdaq: TXN) today announced that Haviv Ilan has been named to its board of directors. Mr. Ilan is executive vice president and chief operating officer (COO) of TI.

"Haviv will be a valuable addition to our board," said Rich Templeton, TI's chairman, president and CEO. "He brings strong business and financial acumen, a strategic mindset and sound judgement."

Ilan, 53, joined TI in 1999 and as COO is responsible for leading TI's businesses, sales, manufacturing and information technology organizations. Ilan was named executive vice president and COO in 2020. He earned a master's degree in electrical engineering from Tel Aviv University and a master's degree in business administration from the Kellogg-Recanati International Executive MBA Program.

"Having led large global organizations at TI, Haviv's experience combines business, technical and market expertise. I look forward to having his leadership and perspective on our board," said Ron Kirk, chairman of the board's governance and stockholder relations committee.

About Texas Instruments

Texas Instruments Incorporated (Nasdaq: TXN) is a global semiconductor company that designs, manufactures, tests and sells analog and embedded processing chips for markets such as industrial, automotive, personal electronics, communications equipment and enterprise systems. Our passion to create a better world by making electronics more affordable through semiconductors is alive today, as each generation of innovation builds upon the last to make our technology smaller, more efficient, more reliable and more affordable – making it possible for semiconductors to go into electronics everywhere. We think of this as Engineering Progress. It's what we do and have been doing for decades. Learn more at TI.com.

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SOURCE Texas Instruments Incorporated

FAQ

What is the significance of Haviv Ilan joining the board of Texas Instruments?

Haviv Ilan's appointment to the Texas Instruments board is significant as he brings extensive experience from his role as COO, which may enhance strategic decision-making.

When was Haviv Ilan appointed to the Texas Instruments board?

Haviv Ilan was appointed to the Texas Instruments board on December 6, 2021.

What roles does Haviv Ilan hold within Texas Instruments?

Haviv Ilan is the executive vice president and chief operating officer (COO) of Texas Instruments.

What qualifications does Haviv Ilan have?

Haviv Ilan holds a master's degree in electrical engineering and an MBA, providing him with a solid foundation in both technical and business management.

How might Haviv Ilan's experience impact Texas Instruments?

Haviv Ilan's extensive background in managing global operations at TI is expected to positively influence the board's effectiveness and strategic initiatives.