Sunday, July 14, 2019

Texas Semiconductor Company Texas Instruments Top-Tier Executives Average Pay Raise Was 7.3% Per Year During the Past Ten Years (Dec 2009-Dec 2018)

From Company Proxy Statement filings with the SEC, below are Texas Instruments Top-Tier Executives Annual Total Compensation for each of two consecutive full years of employment for the most recent ten years.

Texas Instruments Top-Tier Executives Average Annual Pay Raise of 7.3% per year over the past ten years was not nearly as lavish as the other US Semiconductor Companies I have made posts on ..... Broadcom's 119.3% per year, Analogic Devices 28.7%, Micron Technology's 13.8%, NVIDIA's 12.7% and Intel's 11.3%.

To fix Income Inequality driven mainly by Company and its Board of Director choices on Percentage Annual Pay Raises, the US Government should step in and pass wisely-designed Fair Pay Raise Income Inequality Narrowing Company tax incentives ..... the carrot ..... and Company wise tax disincentives ..... the stick.  

And the continuing annual net tax revenues raised by the US Government here should be set up in a separate fund to be used only for wise additional income inequality narrowing initiatives.  This fund should be run by an outside group made up entirely of minorities harmed the most by Income Inequality Expansion of the past decades  .....all women, all blacks, all Latinos, all other non-white people, all past and present union members, all LGBTQ, all non-employee contract workers and all middle and lower income people of all ages.


Also, the US Government should require all US Corporate Boards to include at least one worker representative and to exclude any Company Executive. 

I just recently have researched and made posts on Top-Tier Executives Long-Term Average Annual Pay Raise per year for each of the 30 Dow Industrial Companies.  
Texas Instruments here is the 16th large non-Dow Technology Company I have made a post on and later I will be making similar posts on many more large non-Dow Companies, both Technology and  Non-Technology ones, in order to get an even better handle on just why the US has such massive continuing Income Inequality Expansion ..... it appears to be predominantly about the relative long-term annual pay raise percentages, coupled with the stock price appreciation subsequent to the time the Top-Tier Executives were rewarded in their pay with stock equity compensation.


FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec
Texas Instruments 2018 2017 2017 2016 2016 2015 2015 2014 2014 2013
Top-Tier Total Total Total Total Total Total Total Total Total Total
Executive Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp
$ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s
Templeton CEO     17,576     16,547     16,547     15,080     15,080     14,926     14,926     15,044     15,044     13,713
Lizardi CFO  N/A   N/A             
Delagi        5,614       7,047  N/A   N/A     
Crutcher Former CEO  N/A   N/A      11,057       8,643       8,643       8,316       8,316       6,974       6,974       6,031
March Former CFO   N/A   N/A        5,694       5,469       5,469       6,177       6,177       4,291
Ritchie           8,257       7,565       7,565       7,429       7,429       8,163       8,163       5,327
Anderson       5,634       5,589       5,589       6,286  N/A   N/A 
Totals     23,190     23,594     35,861     31,288     42,616     41,729     41,729     42,644     36,358     29,362
Annual % Change vs Prior Year -1.7% 14.6% 2.1% -2.1% 23.8%
FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec
Texas Instruments 2013 2012 2012 2011 2011 2010 2010 2009 2009 2008
Top-Tier Total Total Total Total Total Total Total Total Total Total
Executive Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp
$ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s
Templeton CEO     13,713     13,317     13,317     14,056     14,056     12,213     12,213       9,866       9,866       9,660
Lizardi CFO
Delagi        5,138       7,157  N/A   N/A 
Crutcher Former CEO       6,031       8,154       8,154       5,062       5,062       5,845  N/A   N/A     
March Former CFO        4,291       5,442       5,442       5,438       5,438       4,473       4,473       3,398       3,398       3,133
Ritchie       5,327       6,359       6,359       6,313       6,313       4,973       4,973       4,111       4,111       3,932
Anderson
Lowe       6,973       6,598       6,598       4,655       4,655       4,492
Totals     34,500     40,429     33,272     30,869     37,842     34,102     28,257     22,030     22,030     21,217
Annual % Change -14.7% 7.8% 11.0% 28.3% 3.8%
10 Year Average Per Year % Change 7.3%