Haviv Ilan

Board

Since 2023

Age

56 years

Tenure

Has been an employee for over 20 years, serving in various leadership positions including Executive Vice President and Chief Operating Officer from 2020 to 2023, and has been President and CEO since 2023, with a role as Director since 2021.

Also at TEXAS INSTRUMENTS

Amichai Ron

Senior Vice President

HHK

Hagop H. Kozanian

Senior Vice President

KMF

Kyle M. Flessner

Senior Vice President

About

This executive has dedicated over 20 years to Texas Instruments, holding multiple critical leadership roles that have shaped the company’s operational and strategic direction. Beginning their journey through various senior positions, they contributed to key initiatives that propelled innovation and operational excellence throughout the organization.

During the tenure as Executive Vice President and Chief Operating Officer from 2020 to 2023, they managed diverse functions including business, sales, technology, and manufacturing, before assuming the role of President and CEO in 2023. Their leadership also extends to a directorship role since 2021, reinforcing a deep commitment to the company’s strategic evolution.

At 56 years old, the executive’s career at Texas Instruments reflects significant industry expertise and dedication to effective leadership in the semiconductor space. Although personal details and educational background are not disclosed, the professional milestones underscore a career built on resilience, strategic insight, and long-term impact on the company’s growth.

$TXN Performance Under Haviv Ilan

Past Roles

Organization	Role	Date Range	Details
Texas Instruments	Executive Vice President and Chief Operating Officer	2020–2023	Responsible for leading TI's business & sales organizations, technology & manufacturing operations, and IT services
Texas Instruments	Senior Leadership Roles / Director	Since 2014 (Director since 2021)	Held at a senior level within the company

Fixed Compensation

Data from FY 2023

Component Name	Amount	Payment Schedule	Additional Details
Base Salary	$1,150,000 (annual rate); $1,099,583 (prorated actual received)	Annual; prorated based on CEO service starting April 1, 2023	Reflects the transition to CEO effective April 1, 2023
Profit Sharing	$219,917	Single cash payment after the performance year	Determined using TI’s 2023 operating profit margin (41.8% resulting in maximum 20% of base salary)
Deferred Compensation - Executive Contributions	$365,479	Deferred as part of the defined contribution plan	Includes a portion of the 2023 salary and bonus
Deferred Compensation - Registrant Contributions	$100,828	Deferred as company matching contributions	Provided pursuant to the defined contribution plan

Performance Compensation

Data from FY 2023

Bonus

Metric	Description	Value	Additional Details
Bonus Amount	Total cash bonus awarded for 2023 performance	$2,500,000	Determined based on competitive market range for similarly situated CEOs; pro-rated from April 1, 2023 service
Evaluation Period	Performance coverage period	2023	Assessed based on company performance metrics
Adjustment Factor	Reduction due to relative performance	10% reduction	Reflects TI’s 2023 relative performance results
Underlying Performance Metrics	Revenue Growth; Operating Profit Margin; Total Shareholder Return (TSR)	- Revenue Growth: -12.5% <br> - Operating Profit Margin: 41.8% <br> - TSR: 6.4%	Metrics compared against semiconductor peer medians
Payment Method	Method of awarding the bonus	Cash	Paid in February 2024; no vesting schedule as it is a cash bonus

Equity Compensation

Component	Detail	Value	Additional Details
Grant Date	Date when awards were granted	January 26, 2023
Grant Date Fair Value	Total fair value of the equity award split equally between stock options and RSUs	$12,000,009	Equity compensation is divided equally into two parts
Stock Options	Shares granted; exercise details and vesting	129,560 shares; Exercise Price: $174.10	Vesting: 25% on January 26, 2024 and equal installments on January 26 of 2025, 2026, and 2027
RSUs	Shares granted; vesting schedule	34,463 shares	Vesting: Full vesting on January 29, 2027 with a four-year cliff
Performance Metrics	Specific performance targets attached to equity awards	N/A	Equity awards are time-based with no specific performance metrics or thresholds disclosed