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Search resuls for: "Haviv Ilan"


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"We definitely look forward to engaging in a constructive dialogue with Elliott," Ilan said at AllianceBernstein's Strategic Decisions conference, marking his first public remarks since the activist revealed a $2.5 billion position in the company. Texas Instruments has spent heavily on chip fabrication plants, or fabs, as it seeks to maintain its dominant position in the analog semiconductor market. But that growth in capex has come at a significant cost to free cash flow per share, a self-declared key metric for TI, Elliott noted. By Elliott's analysis, FCF per share fell from $6.40 in 2022 to $1.47 per share in 2023. But it remains a giant business, accounting for $13 billion or 74% of TI's revenue in 2023.
Persons: Haviv Ilan, Elliott, Ilan Organizations: Texas, CNBC, TI, Texas Instruments, Micron Technologies Locations: Utah, capex
Texas Instruments Names Haviv Ilan as New Chief Executive
  + stars: | 2023-01-20 | by ( Denny Jacob | ) www.wsj.com   time to read: 1 min
Texas Instruments Inc.’s leadership transition comes at a challenging time for the chip industry that has gone from a period of shortage to glut. Texas Instruments Inc. on Thursday said its board selected Haviv Ilan as its next president and chief executive, effective April 1. The chip maker said Mr. Ilan will succeed Rich Templeton , who will transition out of these roles over the next two months after nearly 30 years at a senior level at the company. He will remain chairman.
Texas Instruments on Thursday announced that its CEO for almost 19 years, Rich Templeton, will step down on April 1 as Haviv Ilan, its chief operating officer, replaces him. But Texas Instruments had carried out a similar plan in 2018 that backfired. "Crutcher resigned due to violations of the company's code of conduct," Texas Instruments said at the time. Ilan arrived at Texas Instruments in 1999 by way of the company acquisition of the Israeli wireless startup Butterfly. Before becoming operating chief at Texas Instruments, he had been senior vice president of its analog signal chain and high-performance analog divisions.
Jan 19 (Reuters) - Chipmaker Texas Instruments Inc (TXN.O) said on Thursday that Chief Executive Rich Templeton will step down from the role in April after nearly 20 years. He will be succeeded by company veteran and Chief Operating Officer Haviv Ilan. Templeton will stay on as chairman of the board. Reporting by Yuvraj Malik in Bengaluru; Editing by Sriraj KalluvilaOur Standards: The Thomson Reuters Trust Principles.
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