By Denny Jacob

Texas Instruments Inc. on Thursday said its board selected Haviv Ilan as its next president and chief executive, effective April 1.

The chip maker said Mr. Ilan will succeed Rich Templeton, who will transition out of these roles over the next two months but will remain the company's chairman.

Mr. Ilan is a 24-year veteran of the company, with stints ranging from senior vice president to chief operating officer as well as an election to the board in 2021.

Write to Denny Jacob at denny.jacob@wsj.com

(END) Dow Jones Newswires

January 19, 2023 16:24 ET (21:24 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.
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