TI CEO Crutcher Resigns - What Should Their Board Do Next? [Forbes]
Texas Instruments Incorporated (TXN)
Last texas instruments incorporated earnings: 4/21 04:01 pm
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Source: Forbes
Shutterstock After spending less than two months in the role of CEO at Texas Instruments, Brian Crutcher resigned due to a violation of the company’s personal code of conduct. TI on Tuesday said “the violations are related to personal behavior that is not consistent with our ethics and core values.” The company’s swift action to remove Crutcher indicates that he must have crossed a bright red line. Crutcher was a Senior Executive at TI for 20 years and groomed to be the internally promoted successor CEO. He would have been very well versed in the company’s culture, code of conduct and business ethics. This breach of conduct should prompt the TI board to conduct a swift, special committee internal investigation with a defined scope to reassure themselves that the company’s anti-harassment and safe workplace environment is intact. In light of this recent incident, it would also make sense for TI to review its programs for anti-discrimination and gender sensi
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TXN
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- 4/23/24 - Beat
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- 4/26/24 - Form 8-K
- 4/26/24 - Form S-8
- 4/24/24 - Form 10-Q
- TXN's page on the SEC website