The company did not specify the nature of the allegations against Brian Crutcher, who had taken the helm of the Dallas-based chip maker in June.
After reading this New York Times article, my bet here is that whatever led to Crutcher’s ouster happened well before he became Texas Instruments CEO. Crutcher was a long-term employee who was promoted from his position as COO, so he was a known commodity. What likely happened is a whistleblower came forward in reaction to the promotion. If this is the case this is yet another example of an open secret where the former CEO and the board, either were clueless or negligent.