FreeJune 16, 2026

Texas Instruments Names Julie Knecht as Incoming CFO, Succeeding Rafael Lizardi

An 8-K filed June 2, 2026 discloses that Texas Instruments' board has appointed Julie Knecht as senior vice president and CFO effective August 1, 2026, as longtime CFO Rafael Lizardi prepares to retire.

Sourced from the primary SEC filing. 8-K filed June 2, 2026 · SEC EDGAR ↗

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Summary

Texas Instruments Incorporated filed a Form 8-K on June 2, 2026, disclosing a planned leadership transition in its chief financial officer role. The board has appointed Julie Knecht, a 25-year company veteran who has served as Chief Accounting Officer since 2021, to succeed Rafael Lizardi upon his retirement effective August 1, 2026. The filing explicitly states that Lizardi's departure is unrelated to the company's financial or operating results, or to any disagreements over financial reporting practices or internal controls.

Key metrics

Incoming CFO Annual Base Salary

700,000USD

Effective August 1, 2026

Annual base salary disclosed for Julie Knecht upon appointment as Senior Vice President and CFO, effective August 1, 2026.

Incoming CFO Equity Compensation (RSUs)

2,000,000USD

Effective August 1, 2026

Restricted stock unit grant disclosed in connection with Julie Knecht's appointment as CFO.

Extracted from public filings. Figures are presented for educational purposes only.

What the Filing Says

Texas Instruments Incorporated (Nasdaq: TXN) filed a Form 8-K on June 2, 2026, reporting a current event under Item 5.02 — *Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.* The event date is May 27, 2026, the date the board acted. The filing discloses a senior executive transition: the appointment of a new Chief Financial Officer effective August 1, 2026.

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The Transition

The board of directors appointed Julie Knecht, age 54, as senior vice president and Chief Financial Officer (Chief Accounting Officer) of Texas Instruments, effective August 1, 2026. She will succeed Rafael Lizardi, who is retiring after 25 years with the company.

The filing contains an explicit representation that management considers material for disclosure purposes:

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