TEXAS INSTRUMENTS INCORPORATED (NASDAQ:TXN) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
ITEM 5.02. Departure of Directors or Certain Officers; Election
of Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.
On January 19, 2017, the Registrants Board of Directors elected
Mr. Todd M. Bluedorn to the Board of Directors of the Registrant
and to the Boards Audit Committee effective March 1, 2017. Mr.
Bluedorn will be compensated as described under the heading
Director Compensation in the Registrants proxy statement for its
2016 annual meeting of stockholders, which was filed with the
Securities and Exchange Commission on March 9, 2016.
The Board determined that Mr. Bluedorn has no relationship that,
in the opinion of the Board, would interfere with his exercise of
independent judgment in carrying out his responsibilities as
director. There have been no transactions involving the
Registrant or any of its subsidiaries in which Mr. Bluedorn has
or will have a direct or indirect material interest that are
required to be disclosed by Item 404(a) of Regulation S-K.
ITEM 7.01 Regulation FD Disclosure.
The Registrants news release announcing Mr. Bluedorns election is
attached hereto as Exhibit 99.
ITEM 9.01. Exhibits
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Designation of Exhibit in this Report |
Description of Exhibit |
|
Registrants News Release |
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Dated January 19, 2017 (furnished to Item 7.01) |
About TEXAS INSTRUMENTS INCORPORATED (NASDAQ:TXN)
Texas Instruments Incorporated designs, makes and sells semiconductors to electronics designers and manufacturers across the world. The Company operates through two segments: Analog and Embedded Processing. Its Analog segment’s product line includes High Volume Analog & Logic (HVAL), Power Management (Power), High Performance Analog (HPA) and Silicon Valley Analog (SVA). Its Embedded Processing segment’s product line includes Processor, Microcontrollers and Connectivity. It is also engaged in smaller product lines, such as DLP products (primarily used in projectors to create high-definition images), certain custom semiconductors known as application-specific integrated circuits (ASICs) and calculators. The Company has design, manufacturing or sales operations in over 30 countries. It also offers baseband products, and OMAP applications processors and connectivity products, which are sold into smartphones and consumer tablets. TEXAS INSTRUMENTS INCORPORATED (NASDAQ:TXN) Recent Trading Information
TEXAS INSTRUMENTS INCORPORATED (NASDAQ:TXN) closed its last trading session down -0.50 at 73.88 with 4,462,212 shares trading hands.
