DALLAS, Feb. 17, 2011 /PRNewswire/ -- Texas Instruments
(TI) (NYSE: TXN) today announced that Robert E. Sanchez, president of Global Fleet
Management Solutions for Ryder System, Inc., has been elected to
TI's board of directors, effective March
15.
"We're excited that Robert will be joining our board," said
Rich Templeton, TI's chairman,
president and CEO. "His career spans both operations and
finance. Combined with an engineering background, Robert will
bring a deep financial expertise and technical background to the
board's strategic discussions."
Mr. Sanchez, 45, has 18 years experience with Ryder, a
transportation and supply chain management solutions company.
Since joining the company in 1993, his career at Ryder has
been one of ever increasing responsibilities. Early
assignments included positions in finance, financial analysis and
strategic planning. He was named vice president of asset
management in 1999 and senior vice president of global
transportation management in 2002. In 2003, he became senior
vice president and chief information officer, where he led all
technology-related functions at Ryder. Two years later, Mr.
Sanchez was named executive vice president of operations of U.S.
Fleet Management Solutions, where he was responsible for a fleet of
more than 145,000 vehicles and more than 800 maintenance
facilities. In 2007, he became executive vice president and
chief financial officer. In 2010, Mr. Sanchez again
transitioned to the operations side of the business, when he was
named to his current position as president of Global Fleet
Management Solutions, the company's largest business segment and a
leading provider of truck leasing, rental and maintenance services
with operations throughout the United
States, Canada and the
United Kingdom. He has
served as a member of Ryder's executive leadership team since 2003.
Prior to joining Ryder, Mr. Sanchez worked as an applications
engineer at Florida Power and Light and a controls engineer at
Pratt & Whitney Aircraft. He earned an MBA from The
Wharton School at the University of
Pennsylvania with a concentration in finance and a bachelor
of science degree in electrical engineering with a specialization
in computer science from the University of
Miami.
"Robert's breadth of experience in finance and management along
with his background in global operations and markets will make him
a valuable contributor to the board's deliberations," said
Ruth Simmons, chair of the board's
governance and stockholder relations committee.
About Texas Instruments
Texas Instruments (NYSE: TXN) helps customers solve problems and
develop new electronics that make the world smarter, healthier,
safer, greener and more fun. A global semiconductor company,
TI innovates through design, sales and manufacturing operations in
more than 30 countries. For more information, go to
www.ti.com.
TXN-C
SOURCE Texas Instruments