.png)
.webp)
© History Oasis
Note: Some overlap exists in the early years as titles evolved from President to CEO structure. J. Fred Bucy served as President/COO under Shepherd but was not the primary leader.
1956-1961
Texas Instruments went public in 1953 and began transistor production. Fred Agnich led Texas Instruments during its early years, expanding its semiconductor reach.
1958-1976
Patrick Haggerty saw the company transition from oil services to becoming a semiconductor leader.
He directed the creation of the first commercial silicon transistor (1954) and the first transistor radio partnership with Regency.
Haggerty commissioned Jack Kilby’s integrated circuit work (1958) and pushed calculator development from a 45-ounce prototype (1967). That calculator became a major success and synonymous with Texas Instruments.
By 1956, revenue jumped from $46 million to $92 million in 1958.
He also opened the first overseas plant in Bedford, England, in 1957.
Haggerty died in 1980 as the company’s honorary chairman.
1967-1988
Mark Shepherd global oversaw the building of semiconductor plants across Asia, Europe, and Latin America.
Sales exploded from $233 million to $4.6 billion during tenure.
Shepherd is famous for launching the Speak & Spell toy in 1978 using breakthrough speech synthesis technology.
But he had some major failures. Texas Instruments’s digital watch business collapsed in the early 1970s, and its home computer venture became a $660 million write-off in 1983.
But he was successful in defending its calculator monopoly in the market.
1985-1996
Jerry Junkins executed a brutal but successful turnaround after taking over during the semiconductor industry crisis.
He cut the company’s workforce from 78,000 to 61,000 employees while doubling revenue from $6 billion to $13 billion.
Junkins was dead focused on memory chip manufacturing. He streamlined operations by closing defense, consumer electronics, and minicomputer divisions.
He signed DRAM partnerships with Asian manufacturers to reduce manufacturing costs.
All this work paid off when the company was finally profitable again in 1992.
Junkins died suddenly of a heart attack in Stuttgart, Germany, in 1996.
1996-2004
Tom Englibous sold Texas Instrument’s defense business to Raytheon for $2.95 billion in 1997.
He refocused the business on digital signal processors (DSPs), capturing 48% of the $5 billion market.
He oversaw key acquisitions in Intersect Technologies, Amati Communications, and GO DSP Corp.
During Engkbous’s tenure, TI went from the sixth to the fifth largest semiconductor company globally. TI’s stock surged to 129% in the first two years.
2004-2023
Rich Templeton acquired National Semiconductor for $6.5 billion in 2011, adding 45,000 analog products to TI’s portfolio.
He executed a complete exit from the wireless business to concentrate resources on analog and embedded processing.
He moved the company’s resources to build manufacturing capacity in Texas and Utah with new fabs.
The stock’s price grew 581% during his 19-year tenure, dramatically outperforming semiconductor indices.
Templeton also directed the TI Foundation’s $60 million investment in STEM education for underrepresented students.
2018
Brian Crutcher resigned after one month for violating the company code of conduct.
Rich Templeton resumed the CEO role.
2023-present
As a 24-year Texas Instruments veteran, Havin Llan was promoted from COO in planned succession.
He previously led semiconductor business operations and manufacturing expansion.
Templeton remains chairman to this day.
.webp)
.webp)
.webp)