Tech — Hardware
Texas Instruments Executive Compensation (FY25)
TXN · Dallas, TX · Executive and director compensation, fiscal 2022 to 2025
Data as of September 7, 2026Latest filing (8-K): April 17, 2026
386 figures on this page: 376 cited to the filing that reported them, 10 calculated from figures it prints. See the citations
Total compensation for Haviv Ilan, Director, President & Chief Executive Officer, came to $22,669,509 in fiscal 2025, and Ilan's total moved 18.9% higher from the $19,061,519 reported for fiscal 2024. The disclosed chief executive pay ratio for fiscal 2025 is 272:1, against median employee compensation of $83,617. The say-on-pay proposal drew 83.0% of votes cast including abstentions in favor at the meeting held April 16, 2026 for fiscal 2025. The disclosed peer group includes 3M Company, Advanced Micro Devices, Inc., Analog Devices, Inc., Applied Materials, Inc. and Broadcom Inc., among others.
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Haviv Ilan: $19,061,519 → $22,669,509 (18.9% higher)
Say-on-pay support: 87.0% → 83.0% (4.0 points lower)
CEO pay ratio: 237:1 → 272:1 (14.8% higher)
Frequently asked questions
Answers drawn from the data on this page.
Who is Texas Instruments' chief executive and what were they paid?
Total compensation for Haviv Ilan, Director, President & Chief Executive Officer, came to $22,669,509 in fiscal 2025. Ilan's total moved 18.9% higher from the $19,061,519 reported for fiscal 2024.
What was Texas Instruments' say-on-pay result?
The say-on-pay proposal drew 83.0% of votes cast including abstentions in favor at the meeting held April 16, 2026 for fiscal 2025.
Which companies are in Texas Instruments' peer group?
The disclosed peer group includes 3M Company, Advanced Micro Devices, Inc., Analog Devices, Inc., Applied Materials, Inc. and Broadcom Inc., among others.
What is Texas Instruments' chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 272:1, against median employee compensation of $83,617.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Richard Templeton Chairman, President and CEO | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Haviv Ilan Executive VP and COO | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Kyle Flessner Senior VP | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Rafael Lizardi Senior VP and CFO | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Richard Templeton Chairman and Former Chief Executive Officer Departed during or after this year | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Haviv Ilan Director, President & Chief Executive Officer | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Hagop Kozanian Senior Vice President | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Kyle Flessner Senior Vice President | ◇ | ◇ | ◇ | ◇ | ◇ | ◇ | ◇ | ◇ |
Rafael Lizardi Senior Vice President & Chief Financial Officer | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Amichai Ron Senior Vice President | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Haviv Ilan Director, President & Chief Executive Officer | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Richard Templeton Chairman of the board | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Hagop Kozanian Senior Vice President | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Amichai Ron Senior Vice President | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Rafael Lizardi Senior Vice President & Chief Financial Officer | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Haviv Ilan Director, President & Chief Executive Officer | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Richard Templeton Chairman of the board | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Hagop Kozanian Senior Vice President | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Amichai Ron Senior Vice President | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Rafael Lizardi Senior Vice President & Chief Financial Officer | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.
Equity awards granted
Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Amichai Ron | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Amichai Ron | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Hagop Kozanian | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Hagop Kozanian | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Haviv Ilan | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Haviv Ilan | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Rafael Lizardi | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Rafael Lizardi | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Richard Templeton | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Richard Templeton | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
Fiscal 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.
Outstanding awards
Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Hagop Kozanian | Option | ◇ | — | ◇ | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| RSU | ◇ | ◇ | — | — | |
| Richard Templeton | Option | ◇ | — | ◇ | — |
| Option | ◇ | — | ◇ | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Amichai Ron | RSU | ◇ | ◇ | — | — |
| Option | ◇ | — | ◇ | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Rafael Lizardi | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Haviv Ilan | RSU | ◇ | ◇ | — | — |
| Option | ◇ | — | ◇ | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| RSU | ◇ | ◇ | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Janet Clark Lead independent director | ◇ | ◇ | ◇ | — | — | ◇ | ◇ |
Todd Bluedorn | ◇ | ◇ | ◇ | — | — | ◇ | ◇ |
Carrie Cox | ◇ | ◇ | ◇ | — | — | ◇ | ◇ |
Robert Sanchez | ◇ | ◇ | ◇ | — | — | ◇ | ◇ |
Pamela Patsley | ◇ | ◇ | ◇ | — | — | ◇ | ◇ |
Martin Craighead | ◇ | ◇ | ◇ | — | — | ◇ | ◇ |
Reginald DesRoches | ◇ | ◇ | ◇ | — | — | ◇ | ◇ |
Ronald Kirk | ◇ | ◇ | ◇ | — | — | ◇ | ◇ |
Mark Blinn | ◇ | ◇ | ◇ | — | — | ◇ | ◇ |
Curtis Farmer | ◇ | ◇ | ◇ | — | — | ◇ | ◇ |
Jean Hobby | ◇ | ◇ | ◇ | — | — | ◇ | ◇ |
Haviv Ilan served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director fee schedule
The standing retainers and premiums the board pays, as published.
| Board cash retainer | ◇ |
| Board equity retainer | ◇ |
| Total board retainer | ◇ |
| Lead independent director premium | ◇ |
| Audit committee chair | ◇ |
| Compensation committee chair | ◇ |
| Nominating and governance chair | ◇ |
Equity is delivered as RSUs and Options.
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
- 3M Company MMM
- Advanced Micro Devices, Inc. AMD
- Analog Devices, Inc. ADI
- Applied Materials, Inc. AMAT
- Broadcom Inc. AVGO
- Cisco Systems, Inc. CSCO
- Corning Incorporated GLW
- Emerson Electric Co. EMR
- Honeywell International Inc. HON
- Intel Corporation INTC
- Lam Research Corporation LRCX
- Medtronic plc MDT
- Micron Technology, Inc. MU
- Motorola Solutions, Inc. MSI
- NXP Semiconductors N.V. NXPI
- QUALCOMM Incorporated QCOM
- TE Connectivity Ltd. TEL
- Thermo Fisher Scientific Inc. TMO
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | April 16, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | April 17, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | April 25, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | April 27, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | April 28, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | April 22, 2021 | = | ◇ | ◇ | ◇ |
| 2019 | April 23, 2020 | = | ◇ | ◇ | ◇ |
| 2018 | April 25, 2019 | = | ◇ | ◇ | ◇ |
| 2017 | April 26, 2018 | = | ◇ | ◇ | ◇ |
| 2016 | April 20, 2017 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
What this page does not include
Everything above is a fact Texas Instruments disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Texas Instruments sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Enquire about accessMultiple companies at once
Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.
Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
386 figures on this page: 376 cited to the filing that reported them, 10 calculated from figures it prints.
376 cited to the filing
10 calculated from the filing
Documents cited
- 0000097476-26-000094Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000097476-26-0000782025 compensation tables · Director Compensation · Director compensation · Grants of plan-based awards · and 2 more sections
- 0000097476-25-000022Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000097476-25-0000172024 compensation tables
- 0000097476-24-000024Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000097476-24-0000122023 compensation tables
- 0000097476-23-000029
- 0000097476-23-000017Summary Compensation Table
- 0000097476-22-000034
- 0001193125-21-136843Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000097476-20-000019Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001564590-19-013410Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001564590-18-010047Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001564590-17-007282Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Texas Instruments executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/TXN (accessed 2026).
Short form: data: Velarion
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Tech — Hardware rankings
Peers Texas Instruments discloses
The companies named in TXN's own disclosed peer group.
Terms on this page
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
author = {{Velarion Company Intelligence}},
title = {Velarion database: executive and board compensation data},
year = {2026},
version = {2026Q3},
doi = {10.5281/zenodo.22283854},
publisher = {Zenodo},
url = {https://doi.org/10.5281/zenodo.22283854}
}