SECURITIES AND EXCHANGE COMMISSION
Washington, D. C.
20549
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FORM 8-K
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CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) May 30, 1996
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TEXAS INSTRUMENTS INCORPORATED
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(Exact name of Registrant as specified in its charter)
Delaware 1-3761
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(State of Incorporation) (Commission File No.)
75-0289970
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(I.R.S. Employer Identification No.)
13500 North Central Expressway
P. O. Box 655474, Dallas, Texas 75265
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(Address of principal executive offices)(Zip Code)
Registrant's telephone number, including area code 214-995-2551
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ITEM 5. Other Events.
The information set forth in the Registrant's news releases
dated May 29, 1996 and May 30, 1996 (attached hereto as Exhibit 21)
is incorporated herein by reference to such news releases.
ITEM 7. Exhibits.
Designation of
Exhibit in
this Report Description of Exhibit
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21 Registrant's news releases
dated May 29, 1996 and
May 30, 1996
SIGNATURE
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Pursuant to the requirements of the Securities Exchange
Act of 1934, the Registrant has duly caused this report to be
signed on its behalf by the undersigned thereunto duly authorized.
TEXAS INSTRUMENTS INCORPORATED
By /s/ O. WAYNE COON
O. Wayne Coon
Chief Corporate Counsel
and Assistant Secretary
Date: May 30, 1996
Exhibit Index
Designation of
Exhibit in Paper (P)
this Report Description of Exhibit or Electronic (E)
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21 Registrant's news releases E
dated May 29, 1996 and
May 30, 1996
EXHIBIT 21
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News Release
C-96022
Media Contacts:
Neil McGlone 214-995-4961 Leslie Price 32-2-726-75-80
(Please do not publish these numbers.)
Texas Instruments Announces Death of Jerry R. Junkins
DALLAS (May 29, 1996) --Texas Instruments today announced that Jerry R.
Junkins, TI's chairman, president and CEO, died suddenly today of
cardiac arrest during a business trip in Europe. Mr. Junkins was 58.
TI's office of the chief executive, made up of Mr. Junkins and Vice
Chairmen Bill Mitchell and Pat Weber, has functioned since December
1993. Bill and Pat will continue the functions of the office of the
chief executive and will oversee the day-to-day operations of the
company in the near term.
Mr. Junkins joined TI in 1959. He became president and chief executive
officer of TI in 1985, and chairman in 1988.
Mr. Junkins also served in a broad range of civic and industrial
positions, including: member of the board of trustees of Southern
Methodist University; and member of the board of directors of
Caterpillar Inc.; The Procter & Gamble Company and 3M. He was also a
member of the Business Council, co-Chairman of The Business Roundtable,
and chairman of its International Trade and Investment Task Force.
Mr. Junkins leaves a wife, Sally, two daughters, a son-in-law, and one
granddaughter.
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NOTE TO EDITORS: Texas Instruments Incorporated, headquartered in
Dallas, Texas, is a high-technology company with sales or manufacturing
operations in more than 30 countries. TI products and services include
semiconductors; defense electronics systems; software productivity
tools; printers, mobile computing products and consumer electronics
products; electrical controls; and metallurgical materials.
More information about TI is located on the World Wide Web at
http://www.ti.com
News Release
C-96025
Media Contacts:
Neil McGlone 214-995-4961 Leslie Price 32-2-726-75-80
(Please do not publish these numbers.)
TI Board Names Weber as Acting President and CEO
DALLAS (May 30, 1996) -- At a special meeting yesterday afternoon, the
Texas Instruments Board of Directors designated William P. (Pat) Weber
to act as president and chief executive officer of the company while the
Board works through the process of naming a successor to Jerry R.
Junkins. Junkins, who had been president and CEO since 1985 and
chairman since 1988, died suddenly while on a business trip in Germany
on Wednesday.
By designating Weber as the focal point for decisions, TI utilizes the
strong management structure that has been in place for the past several
years.
TI established an office of the chief executive in 1993, comprised of
Junkins and Vice Chairmen Pat Weber and William B. Mitchell. At the
same time, TI created a Strategy Leadership Team comprised of the
company's senior operations and staff officers. Both of these
structures embody a management philosophy based on teamwork and
partnership. Mitchell and Weber will continue working together in the
office of the chief executive, and the Strategy Leadership Team remains
unchanged.
"One of Jerry's great legacies is that he built a strong, global
management team that shares a common vision and strategy. We will miss
him terribly as a leader and as a friend. The best way we can pay due
honor to Jerry is to move steadfastly ahead toward our goals for Texas
Instruments," Weber said.
Background on Weber
Weber has been a member of TI's board of directors since 1984. Prior to
joining the office of the chief executive, Weber was president of the
company's largest business, semiconductors, from 1986 to 1993, where he
led the business through a fundamental transition in technology,
products, capacity, and marketing.
Since joining TI in 1962, Weber has held a number of positions in TI's
semiconductor, international, defense, digital systems, consumer, and
material/controls businesses. He also has held corporate assignments
overseeing strategic planning, marketing, research and development,
licensing, and communications. Weber was directly involved in the
strategic redirection of TI business, international, and intellectual
property strategies.
In addition to his TI duties, Weber participates in a range of
activities in business, government, civic affairs, and education. He is
a member of the board of directors of Kmart Corporation. He is board
chairman of the Semiconductor Industry Association and a board member of
the Pacific Basin Economic Council, and the U.S.-Japan, U.S.-Korea, and
U.S.-Philippines Business Councils. He also serves on The University of
Texas at Dallas Development Board.
Weber holds a bachelor of science in industrial engineering from Lamar
University and a master of science in engineering from Southern
Methodist University.
He is married and has two daughters.
# # #
NOTE TO EDITORS: Texas Instruments Incorporated, headquartered in
Dallas, Texas, is a high-technology company with sales or manufacturing
operations in more than 30 countries. TI products and services include
semiconductors; defense electronics systems; software productivity
tools; printers, mobile computing products and consumer electronics
products; electrical controls; and metallurgical materials.
More information about TI is located on the World Wide Web at
http://www.ti.com