On January 18, 2018, Texas Instruments Incorporated's Board of Directors appointed Brian T. Crutcher to the position of President and Chief Executive Officer succeeding Richard K. Templeton. The appointment and transition will be effective June 1, 2018. Mr. Templeton will remain Chairman of the Board.

Mr. Crutcher is currently a member of the Board and has served in various leadership positions during his 22-year tenure with the company, including Senior Vice President and his current role as Executive Vice President and Chief Operating Officer.