StockWatch
·
Semiconductors
Management ChangeJun 2, 2026, 04:23 PM

Texas Instruments Appoints Julie Knecht as New CFO

AI Summary

Julie Knecht has been appointed Senior Vice President and Chief Financial Officer of Texas Instruments, effective August 1, 2026. She will succeed Rafael Lizardi, who is retiring after 25 years with the company. Ms. Knecht, who has over 25 years of experience with Texas Instruments, will receive an annual base salary of $700,000 and $2 million in restricted stock units. Mr. Lizardi's retirement is not due to financial or operational disagreements.

Key Highlights

  • Julie Knecht appointed SVP and CFO of Texas Instruments, effective August 1, 2026.
  • Ms. Knecht succeeds Rafael Lizardi, who will retire after 25 years with the company.
  • Ms. Knecht has served Texas Instruments for over 25 years, most recently as Chief Accounting Officer.
  • Her annual base salary will be $700,000.
  • She will receive $2 million in equity compensation in restricted stock units.
  • Mr. Lizardi's retirement is not related to the company's financial or operating results.