Texas Instruments (TXN) announced the appointment of Julie Knecht as its new Senior Vice President and Chief Financial Officer, effective August 1, 2026. Ms. Knecht will succeed Rafael Lizardi, who is retiring after 25 years with the company. The company noted that Mr. Lizardi's retirement is not related to any disagreements regarding its financial or reporting practices.
Key Details
- Appointee: Julie Knecht, a 25-year veteran of the company, most recently served as Vice President and Chief Accounting Officer.
- Effective Date: The leadership transition will take effect on August 1, 2026.
- Compensation: In connection with her appointment, Ms. Knecht will receive an annual base salary of $700,000 and equity compensation of $2 million in restricted stock units.