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 – Rich Templeton, the long-serving executive of Texas Instruments (TI), has announced his retirement, marking the end of a remarkable 45-year career with the company. Templeton plans to step down at the end of 2025, having been a pivotal figure in the semiconductor industry.
During his tenure, Templeton held prominent positions, including CEO and chairman of the board. His time at Texas Instruments has been characterized by significant contributions that have left a lasting impact on the company and the wider tech sector. As he prepares to exit, Haviv Ilan, the current President and CEO, will assume the additional role of chairman starting in January 2026.
Haviv Ilan joined the TI board of directors in 2021 and took the helm as president and CEO in 2023. His association with Texas Instruments spans 26 years, where he has gained extensive experience through various leadership roles, including Chief Operating Officer. Templeton has expressed confidence in Ilan’s leadership capabilities, acknowledging his qualifications to navigate TI into the next chapter.
Janet Clark, who serves as the lead director on TI’s board, has recognized Templeton’s impactful legacy. She highlighted his transformative leadership, calling attention to his strategies that advanced Texas Instruments, particularly during challenging periods in the semiconductor market. This legacy of effective leadership is expected to influence TI’s operations even after his departure.
Templeton’s Career at Texas Instruments
Rich Templeton began his career at Texas Instruments in 1980, initially starting in sales. Over the next few decades, he progressed through the ranks to lead key divisions within the company. Notably, he served as the president of the semiconductor business before becoming chief operating officer from 2000 to 2004.
In 2004, Templeton ascended to the role of president and CEO, where he led the company through transformations that enhanced its global standing in the semiconductor industry. His leadership faced challenges, particularly when he stepped down temporarily in June 2018 but returned after the resignation of his successor, who violated company conduct policies. Templeton remained CEO until officially transitioning to the board of directors in 2023, maintaining his influence in steering the company’s strategies.
Looking Forward
As Haviv Ilan prepares to take over the chairmanship, Templeton’s influence is expected to linger due to the solid foundation he has established. Ilan’s leadership experience and familiarity with the company’s operational tendencies position him well to navigate the challenges TI may face in the fast-evolving technology landscape.
The transition of leadership at Texas Instruments comes at a time when the semiconductor industry is undergoing significant shifts, driven by technological advancements and growing global demand. The company aims to harness these opportunities while continuing to foster innovation, efficiency, and customer satisfaction.
As the countdown to Rich Templeton’s retirement begins, Texas Instruments looks ahead under Ilan’s stewardship, with hopes to uphold and build upon the legacies established by its outgoing chairman.
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 GEORGETOWN
The GEORGETOWN STAFF WRITER represents the experienced team at HEREgeorgetown.com, your go-to source for actionable local news and information in Georgetown, Williamson 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 the Red Poppy Festival, Georgetown Swirl, and Christmas Stroll. Our coverage extends to key organizations like the Georgetown Chamber of Commerce and the Downtown Georgetown Association, plus leading businesses in manufacturing and tourism that power the local economy such as local wineries and historic downtown shops. As part of the broader HERE network, including HEREaustin.com, HEREcollegestation.com, HEREdallas.com, HEREhouston.com, HEREgeorgetown.com, and HEREsanantonio.com, we provide comprehensive, credible insights into Texas's dynamic landscape.
