Texas Instruments CEO Ouster Gains Chipmaker Unwanted Attention

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. 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 of Dallas-based Texas Instruments fell less than 1 percent in early trading Wednesday as Templeton’s return assuaged concerns about a disruption to the company’s business.