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2006 TIAA Annual Business Meeting


The TI Alumni Association sixth annual meeting May 17 drew 200 members who enjoyed a pre-opening visit to the new Texas Instruments RFAB semiconductor chip factory in Richardson.

TIAA elected officers for the 2006-2007 fiscal year — Lewis McMahan, president; Francisco Escobar, executive vice president; Janelle Richards, secretary; and Tom Boedecker, treasurer. Lewis succeeds Ed Hassler, TIAA president for the past two years. The TIAA bylaws limit the president to two one-year terms in that office. Tom follows Ruth Lee as treasurer.  Francisco and Janelle were re-elected. Max Post chaired the nominating committee.

Ed said TIAA has had a “very significant year.” Key achievements include:

  • An organizational audit  that resulted in strengthening the Membership Committee,
  • Education Committee programs including Medicare Part D seminars,
  • Activities Committee-sponsored events, especially the travel program, and
  • Formation of a president’s advisory council.

Francisco awarded Ed a framed certificate from the senior TIAA officers expressing their appreciation of his efforts as president. Kim Quirk of the TI Community Relations office presented Ed with a letter from TI President Rich Templeton thanking Ed for taking TIAA to a new level during his terms as president. Kim also gave Ed a Dalvey of Scotland pocket compass inscribed with his name and dates of his presidency.

Doris Mott was honored with TIAA lifetime membership for her contributions as paid part time TIAA administrator and as a volunteer leading the TIAA Travel subcommittee. Paula Felps, professional writer who volunteers as editorial coordinator for the TIAA newsletter Connected, was made a TIAA life member.

Steve Leven, TI senior vice president of Human Resources, discussed the company’s first quarter financial report. He said TI has had “pretty impressive results vs. the 2005 first quarter – a sign that things are going well.” Historically, the second quarter is usually a weak quarter for TI. Outside experts expect a strong semiconductor market this year.

Steve said he decided to join TIAA as of August 1 after retiring from TI. He introduced Darla Whitaker as his successor. She has 20 years of experience with the company. Before and after the business meeting, TIAA members enthusiastically took advantage of the opportunity to tour the RFAB. Here TI will use the latest in process technology to produce advanced semiconductors on 300-millimeter wafers.