Sunday, August 18, 2019

Dallas, Texas-Based Texas Instruments Inc's Top-Tier Executives Average Pay Raise Was a Clean, Reasonable 7.2% Per Year During the Past Ten Years (2009-2018)

The third Democratic 2020 Presidential candidate televised debate will be held in Houston, Texas on September 12 and 13, 2019.  Texas is also the home state of Julian Castro and Beto O'Rourke, who have both gained significant momentum in the past month.

The key issue to Texas citizens should be the huge and continuing Income Inequality Expansion which is at the core of many critical problems the US faces.

Thus I will be doing research and making posts on the average pay raise per year that the Top-Tier Executives of Texas Companies were rewarded with in the past ten years.  And I'll start with the large Texas Non-Oil & Gas Companies. 

The second Texas Non-Oil & Gas Company I am addressing here is Texas Instruments Inc.  

From annual compensation information contained in Company Proxy Statement filings with the SEC, the chart at the bottom below shows Texas Instruments Inc's Top-Tier Executives Annual Total Compensation for each of two consecutive full years of employment for the past ten years (2009-2018). 

Texas Instruments Inc's Top-Tier Executives Average Pay Raise was a clean, reasonable 7.2% per year for the past ten years.



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       4,187       4,496  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     27,377     28,090     35,861     31,288     42,616     41,729     41,729     42,644     36,358     29,362
Annual % Change vs Prior Year -2.5% 14.6% 2.1% -2.1% 23.8%
5 Year Average Per Year % Change 7.2%
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
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
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 vs Prior Year -14.7% 7.8% 11.0% 28.3% 3.8%
5 Year Average Per Year % Change 7.2%
10 Year Average Per Year % Change 7.2%