Texas Instruments names insider Julie Knecht as finance chief

Texas Instruments has named Julie Knecht, an insider, as its new finance chief, replacing Rafael Lizardi who is retiring after 25 years with the company. Knecht, who currently serves as chief accounting officer and vice president of accounting and tax, will officially take over the role on August 1. Lizardi will remain with the company until August 31 in an advisory capacity to ensure a smooth transition.

CEO Haviv Ilan acknowledged Lizardi's contributions to the company's capital allocation strategy, highlighting investments in 300-millimeter manufacturing capacity and a commitment to returning free cash flow to shareholders. Knecht, who joined Texas Instruments in 1999, has a long history within the company's finance and accounting departments, serving as vice president of accounting for over a decade before becoming chief accounting officer in 2021.

"Having been part of this company for more than 25 years, I appreciate TI's high-performance culture and long-standing commitment to technology leadership," Knecht stated. Texas Instruments has seen increased demand for its analog chips, which are essential components in AI data centers for power regulation and data conversion systems. The company is scheduled to report its second-quarter financial results on July 22.

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Having been part of this company for more than 25 years, I appreciate TI's high-performance culture and long-standing commitment to technology leadership.