DALLAS, Feb. 16,
2023 /PRNewswire/ -- Texas Instruments Incorporated
(TI) (Nasdaq: TXN) today announced that Curtis C. Farmer, chairman, president and chief
executive officer of Comerica Incorporated and Comerica Bank, has
been elected to TI's board of directors, effective April 1.
"We're pleased to welcome Curt to our board," said Rich Templeton, TI's chairman, president and
CEO. "His financial acumen and breadth of knowledge on the economy
and financial services for commercial enterprises will make his
perspective a valuable addition to our strategic discussions."
Mr. Farmer, 60, has more than 38 years of experience in
financial services. He joined Comerica in 2008 as executive vice
president of Wealth Management. He was named vice chairman of
Comerica's Retail Bank and Wealth Management divisions in 2011 and
president of Comerica Incorporated and Comerica Bank in 2015. Mr.
Farmer was named CEO in 2019 and assumed the role of chairman of
the board in 2020.
Prior to joining Comerica, Mr. Farmer was executive vice
president at Wachovia Corporation. During his 23 years with
Wachovia, he held a variety of positions of increasing scope and
Mr. Farmer holds a bachelor's degree from Wake Forest University, where he also earned a
master's degree in business administration.
"In addition to Curt's background in finance, he understands the
importance of integrity, strong leadership and customer
relationships. These are also important at TI," said Ron Kirk, chair of the board's governance and
stockholder relations committee. "He'll be a great addition to the
board, and we look forward to working with him."
About Texas Instruments
Texas Instruments Incorporated (Nasdaq: TXN) is a global
semiconductor company that designs, manufactures, tests and sells
analog and embedded processing chips for markets such as
industrial, automotive, personal electronics, communications
equipment and enterprise systems. Our passion to create a better
world by making electronics more affordable through semiconductors
is alive today, as each generation of innovation builds upon the
last to make our technology smaller, more efficient, more reliable
and more affordable – making it possible for semiconductors to
go into electronics everywhere. We think of this as Engineering
Progress. It's what we do and have been doing for decades. Learn
more at TI.com.
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SOURCE Texas Instruments Incorporated