Texas Instruments CEO Richard Templeton's 2019 pay rises 6% to $19M
Texas Instruments reports 2019 executive compensation
By ExecPay News
Published: March 10, 2020
Texas Instruments reported fiscal year 2019 executive compensation information on March 10, 2020.
In 2019, five executives at Texas Instruments received on average a compensation package of $8.5M, a 3% increase compared to previous year.
Average pay of disclosed executives at Texas Instruments
Richard K. Templeton, Chief Executive Officer, received $19M in total, which increased by 6% compared to 2018. 35% of Templeton's compensation, or $6.5M, was in stock awards. Templeton also received $203K of change in pension value and nonqualified deferred compensation earnings, $3.8M in non-equity incentive plan, $6.5M in option awards, $1.3M in salary, as well as $326K in other compensation.
For fiscal year 2019, the median employee pay was $82,034 at Texas Instruments. Therefore, the ratio of Richard K. Templeton's pay to the median employee pay was 227 to one.
R. Gregory Delagi, Senior Vice President, received a compensation package of $7.4M, which increased by 32% compared to previous year. 26% of the compensation package, or $2M, was of change in pension value and nonqualified deferred compensation earnings.
Niels Anderskouv, Senior Vice President, earned $5.9M in 2019, which is about the same as previous year.
Haviv Ilan, Senior Vice President, received $5.9M in 2019, which is about the same as previous year.
Rafael R. Lizardi, Chief Financial Officer, earned $4.9M in 2019, a 16% increase compared to previous year.
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Source: SEC filing on March 10, 2020.