Texas Instruments CEO pay up 2 percent to $9.8M

Posted In: Life Sciences

By The Associated Press

Tuesday, March 9, 2010

newsvine diigo google
slashdot
Print
Share
Loading...

The Associated Press has found that Texas Instruments' CEO's compensation for 2009 grew 2 percent in 2009 as most Americans struggled with the recession.

Rich Templeton's pay in 2009 was $9.8 million, up from $9.6 million.

Demand for TI's chips, which go into everything from flat-screen televisions to medical imaging systems, fell during the recession. The company's revenue in 2009 was 17 percent below 2008. Its net income dropped 23 percent.

The AP's calculation is based on a regulatory filing and aims to isolate the value that the company's board placed on the CEO's total compensation package. The figure includes salary, bonus, incentives, perks and the value of stock options and awards when they were granted.

JOIN THE DISCUSSION
Rate Article:  Average 0 out of 5
Register or log in to comment on this article!

0 Comments

Add Comment

Text Only 2000 character limit

Page 1 of 1

New To Market

more

Spindle company to adopt wireless maintenance system
Spindle company to adopt wireless maintenance system

Aug 26

GTI Spindle Technology is partnering with InCheck Technologies to demonstrate InSite – a new online wireless predictive maintenance system – at a conference at the International Manufacturing Technology Show in Chicago, Ill., Sept. 13-18. InSite provides data collection, storage, and processing facilities for condition and performance monitoring.

Small USB box provides plug-in modules, 200 kS-s and isolation

Aug 4

The DEWE-50-USB2-8 from Dewetron incorporates real plug-in signal conditioning modules for low and high voltages, strain, pressure, acceleration, sound, temperature, force, and more. It can be used in demanding high voltage environments safely.

Tools & Technology

more

Tangential flow filtration system
Tangential flow filtration system

Sep 1

Spectrum Laboratories, Inc. introduced the KrosFlo Research IIi tangential flow filtration (TFF) system. This updated system—suited for R&D scale microfiltration and ultra-filtration processing—comes with the digital pressure monitor integrated into the peristaltic pump.

Recirculating chiller series

Sep 1

Thermo Fisher Scientific Inc. launched its Thermo Scientific NESLAB ThermoFlex Series of recirculating chillers. The ThermoFlex 24000 is the latest addition to the product platform and has a cooling capacity of 24,000 Watts.

Advertisement

Advertisement