Eugene McDermott
In 1951, McDermott, along with Cecil Howard Green, Patrick E. Haggerty, and J. Erik Jonsson co-founded Texas Instruments. This was done when the company changed its name to Texas Instruments; GSI becoming a wholly owned subsidiary of the new company. This acknowledged that the company had changed its focus from one primarily devoted to oil exploration to one focused on manufacturing. McDermott was the Chairman of TI from 1951-1957, Chairman of the Executive Committee of Board of Directors from 1957-1964 and Director until his death in 1973. During this period of time, Texas Instruments rose to be one of the world's largest corporations.
Patrick E. Haggerty
Patrick Eugene Haggerty (March 17, 1914 – October 1, 1980) was an American engineer and businessman. He was a co-founder and former president and chairman of Texas Instruments, Incorporated. Haggerty is most responsible for turning a small Texas oil exploration company into the leader in semiconductors that Texas Instruments is today. Under his influence, the company invested in transistors when their commercial value was still much in question; his company created the first silicon transistor, the first commercial transistor radio, and the first integrated circuit.