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Stock impact report

MarketWatch First Take: The chip industry’s Old Boys Club may be experiencing its #MeToo moment [MarketWatch]

Texas Instruments Incorporated (TXN) 
Last texas instruments incorporated earnings: 4/21 04:01 pm Check Earnings Report
Company Research Source: MarketWatch
Opinion: The chip industry’s Old Boys Club may be experiencing its #MeToo moment The chief executives of three semiconductor companies have stepped down in the span of one month, in what appears to be a #MeToo-inspired and long-overdue reckoning for the male-dominated industry. On Tuesday, Texas Instruments Inc. TXN, +1.08% one of the oldest semiconductor companies in the U.S., said that President and Chief Executive Brian Crutcher resigned because he violated the company’s code of conduct . The company did not disclose any further information. In a video broadcast to employees, Chairman Rich Templeton, who is returning as CEO, said the board had received a complaint that he did not describe. “We are proud of our culture of encouraging people to speak up,” Templeton told employees. “If something is reported that is not aligned with our ethics and values, we respond.” He added that is exactly what TI’s board did when they received “this claim.” “If you see something wrong, say somet Show less Read more
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