DALLAS, Feb. 20, 2020 /PRNewswire/ -- Texas
Instruments Incorporated (TI) (Nasdaq: TXN) today announced that
Michael D. Hsu, chairman and chief
executive officer of Kimberly-Clark Corporation, has been elected
to TI's board of directors, effective April
1.
"We're pleased to welcome Mike to our board," said Rich Templeton, TI's chairman, president and
CEO. "His experience driving growth in competitive markets and
leading a complex, multibillion-dollar global organization will be
a valuable addition to our strategic discussions."
Mr. Hsu, 55, has more than 25 years of experience in the
consumer products industry. He joined Kimberly-Clark in 2012 as
group president of the company's nearly $8
billion North American Consumer Products business. In 2017,
he became the president and chief operating officer, leading
day-to-day operations of Kimberly-Clark's business units, along
with the global innovation, marketing and supply chain functions.
Mr. Hsu assumed the role of chief executive officer in January 2019 and chairman of the board a year
later.
Prior to joining Kimberly-Clark, Mr. Hsu was executive vice
president and chief commercial officer at Kraft Foods and held
leadership roles at H.J. Heinz. He launched his career in the
consumer products industry as a consultant with Booz Allen Hamilton, where he rose to partner in
the firm's consumer practice.
He earned a bachelor's degree from Carnegie
Mellon University and a Master of Business Administration
from the University of Chicago.
"In addition to Mike's background in global operations and
markets, he understands the importance of the customer's
perspective, innovation and the people who drive results – the
employees. These are also important at TI," said Ron Kirk, chair of the board's governance and
stockholder relations committee. "He'll bring new insights and will
be a great addition to the board."
About Texas Instruments
From connected cars and intelligent homes to self-monitoring
health devices and automated factories, Texas Instruments
Incorporated (TI) (Nasdaq: TXN) products are at work in virtually
every type of electronic system. With operations in more than 30
countries, we engineer, manufacture, test and sell analog and
embedded semiconductor chips. Our employees, about 30,000
worldwide, are driven by core values of integrity, innovation and
commitment, and work every day to shape the future of
technology. Learn more at www.ti.com.
TXN-G
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SOURCE Texas Instruments Incorporated