Richard K. Templeton joined Texas Instruments in 1980 and worked his way up for over 40 years, becoming the CEO and later the Chairman. He had a key role in steering TI through various market challenges, particularly in the semiconductor...

Number of Employees

34K

Year

2023

Total Compensation

$13.80M

Salary

$600.00K

Board Justification

The compensation philosophy is designed to align executive pay with company performance and shareholder interests, focusing on long-term value creation.

Bonus

$2.00M

Board Justification

The bonus is based on the company's performance metrics and is paid out in February 2024, reflecting a decrease from the previous year due to overall company performance.

Other

$421.71K

Board Justification

Other compensation includes contributions to retirement plans and other benefits provided to the CEO.

Restricted Stock

$10.78M(62.26K RSU)

Board Justification

The vested stock includes restricted stock units that were settled in 2023, reflecting the value of shares that were vested during the year.

Performance Metrics

Performance metrics include revenue growth, operating profit margin, and total shareholder return relative to semiconductor peers.

SEC Filing

From March 12, 2024

Richard K. Templeton

CEO of Texas Instruments

T

Education

Not specified

Field of Expertise

Business & Management

Born

January 1, 1958 - 67 years ago

Is Founder?

No

Current Tenure

6 years 6 months (Jul 2018 - Present)

Previous Experience

Joined Texas Instruments in 1980, held various leadership roles including Chief Operating Officer.