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Schering-Plough Executive Carrie Cox Joins TI Board of Directors

Sep 16, 2004

DALLAS (Sept. 16, 2004) – Texas Instruments (TI) (NYSE: TXN) today announced that Carrie S. Cox, executive vice president and president of the Global Pharmaceutical Business at Schering-Plough Corporation, has been elected to TI’s Board of Directors.



With more than 20 years of experience in the pharmaceutical industry, Ms. Cox, 47, heads the company’s prescription pharmaceutical business worldwide. She joined Schering-Plough in May 2003, after holding similar responsibilities at Pharmacia Corporation prior to its merger with Pfizer Inc. earlier that same year. Cox joined Pharmacia’s predecessor company, Pharmacia & Upjohn, in 1997 as a member of top management and was a strong contributor to that company’s dramatic turnaround. In 2001, she was named to

Fortune

magazine’s list of the 50 Most Powerful Women in Business.



“Throughout her career, Carrie has shown her ability to successfully manage change while maintaining a strategic view with the customer at the center. She exhibits that rare combination of operational and marketing savvy,” said TI Chairman Tom Engibous. “Her years of operational experience, her ability to create and manage a global team to take a company to the next level and her customer focus will be of tremendous benefit to TI and the deliberations of its Board.” |



Earlier in her career, Ms. Cox served as vice president of Women’s Health Care at Wyeth-Ayerst, where she worked for seven years. Prior to that, she held a variety of positions in market research, sales and product management during a 10-year career with Sandoz Pharmaceuticals.



A registered pharmacist, Ms. Cox earned a bachelor’s of science degree in 1981 from the Massachusetts College of Pharmacy and Health Sciences.

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Texas Instruments Incorporated provides innovative DSP and analog technologies to meet our customers’ real world signal processing requirements. In addition to Semiconductor, the company’s businesses include Sensors & Controls, and Education Technology. TI is headquartered in Dallas, Texas, and has manufacturing, design or sales operations in more than 25 countries.

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