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...

Current Market Cap

$188.61B

Number of Employees

34K

Total Compensation

2019 - 2023

Trending up by 117.38% last year
Showing total compensation for the last 2019 - 2023

Stock

Up by 0.00% last year

Salary

Down by -58.20% last year

Bonus

Down by -56.04% last year

Other

Up by 16.17% last year

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