Texas Instruments has selected Julie Knecht to serve as its next chief financial officer, replacing Rafael Lizardi, who is stepping down after a quarter-century with the firm. The leadership change is scheduled to take effect on August 1.
Lizardi will remain with the company in an advisory role to assist with the transition until August 31. Company executives credited Lizardi with maintaining a long-term focus on disciplined capital allocation and expanding manufacturing capacity during his tenure.
Knecht, a 25-year veteran of Texas Instruments, has worked alongside Lizardi for more than ten years. CEO Haviv Ilan cited her extensive experience in strategic planning and financial operations as the primary reason for her promotion. Knecht stated she is eager to build upon the company's established success and uphold its culture and strategy.
Texas Instruments designs and manufactures semiconductors, with operations categorized into Analog, Embedded Processing, and Other segments. The company is scheduled to release its second-quarter financial results for 2026 on July 22.
Further details regarding the specific scope of Knecht’s initial priorities or the long-term strategic implications of this leadership change were not provided in the announcement.