Texas Instruments CEO resigns over 'personal behavior' [CNN]
Texas Instruments Incorporated (TXN)
Last texas instruments incorporated earnings: 4/21 04:01 pm
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Source: CNN
Texas Instruments CEO resigns over 'personal behavior' Texas Instruments says its CEO has resigned because of personal behavior that violated the company's code of conduct. Brian Crutcher, a 22-year veteran of the company, just took over as CEO last month. "The violations are related to personal behavior that is not consistent with our ethics and core values, but not related to company strategy, operations or financial reporting," the company said in a statement Tuesday. Texas Instruments ( TXN ) had no further comment. Crutcher also resigned as company president and as a member of the board. Rich Templeton, the chairman, will take on the roles of president and CEO indefinitely. TI said the board is "not searching for a replacement." Templeton was CEO before Crutcher took over. In an email to employees, Templeton acknowledged the news was "unexpected" and said the company is committed to "conducting business ethically and behaving in a professional manner." "When we uncover situa
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TXN
Earnings
- 4/23/24 - Beat
TXN
Sec Filings
- 5/6/24 - Form 4
- 5/3/24 - Form 4
- 5/3/24 - Form 4
- TXN's page on the SEC website