Texas Instruments' new CEO loses job for personal misconduct

 


DALLAS (AP) — Texas Instruments has dumped CEO Brian Crutcher for personal misconduct less than two months after he took over the job, ruining the chip maker's hopes for a smooth transition to new leadership.

Crutcher resigned Tuesday after TI's board determined he violated the company's code of conduct with behavior the company said was not consistent with its ethics and core values. TI emphasized Crutcher's transgression wasn't related to its operations or finances.

The company, however, declined to elaborate on what he did wrong in response to an in inquiry.

The Dallas company is bringing b...



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