Ceo Journal

Texas Instruments Inc.’s ouster of its newly promoted chief executive officer over his personal conduct was a rare foray into the spotlight for one of the most low-key companies in technology, demonstrating the increased scrutiny on leaders in all industries. The Dallas-based chipmaker, which has focused on the esoteric but profitable world of analog semiconductors, concentrates its communications on areas like cash returns to investors and its capital management strategy. Following the surprise scandal surrounding code-of-conduct violations by Brian Crutcher, who took over June 1, the company’s answer was to go back to what works -- it permanently reinstated his predecessor, Rich Templeton, who held the job for more than 13 years. Shares slipped less than 2 percent in extended trading as Templeton’s return assuaged concerns about a disruption to the company’s business. The board acted after receiving a report on Crutcher’s behavior, Templeton said in an internal ...

Five months after Nest rejoined Google , the search giant told employees Tuesday that Marwan Fawaz will no longer be CEO of Nest, and the smart home device maker will be combined with Google's home and living room products team. The move may make it easier for Google's smart home devices to work with each other and tap into artificial intelligence and machine learning advances, Fawaz and Rishi Chandra, vice president of product management for Google's home and living room products, said in a joint interview on Monday. Nest, which had up until now been housed more broadly under Google's hardware division, will be merged with Google's home devices unit. The combined team now reports to Chandra, a 12-year Google veteran. "This is the natural evolution," Chandra said. "We thought, let's connect these things and build experiences that we really couldn't do before." For consumers, those connected "experiences...

Texas Instruments CEO resigns due to violations of company's code of conduct from CNBC . Texas Instruments said Tuesday that CEO Brian Crutcher resigned for violating the company's code of conduct related to personal behavior. TI did not specify exactly what Crutcher did that violated company policies. He had been at the company for more than two decades before assuming the role of CEO. The company also said Chairman Richard Templeton will reassume the roles of president and CEO. TI said that Templeton's appointment is "not temporary, and the board is not searching for a replacement." Shares of Texas Instruments fell about 2 percent in after-hours trade Tuesday. The stock has climbed more than 10 percent so far this year. Separately, the company reported adjusted second-quarter earnings of $1.37 a share on $4.02 billion in revenue. Texas Instruments is scheduled to post full financial results on July 24. Read the announcement below: Te...

Sterling Media, the global business and communications consultancy has been lineup for the coveted PR Firm of the Year at the annual UK-India Awards 2018, which brings together and celebrates the innovative and path-breaking individuals and organizations that are making a significant impact on the strong global partnership between the UK and India. The winners of the UK-India Awards will be announced at a glittering ceremony in London taking place on 22nd June 2018, hosted by Bollywood actor Vivek Oberoi. The award ceremony is set to bring together over 400 senior leaders from the world of business, politics, diplomacy, arts & culture, and the social sector. Previous speakers include the likes of Foreign Secretary Boris Johnson, Indian Cabinet Minister Piyush Ghopal and the Indian High Commissioner, His Excellency Y.K. Sinha. Headquartered in London with offices in India and Dubai, Sterling Media was founded in 1995 with a mission to drive innovation b...