Vishay Intertechnology Advances Its Executive Transition Plan
MALVERN, Pa., July 18, 2022 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc., (NYSE: VSH), one of the world''s largest manufacturers of discrete semiconductors and passive electronic components, announced that, as part of the Board of Directors’ executive transition plan, three executive officers will leave the Company effective December 31, 2022 and two new executive officers have been appointed, effective January 1, 2023. In addition, the Board’s independent Compensation Committee has approved employment agreements for the executive management team that include changes to the executive compensation programs.
Vishay Intertechnology Advances Its Executive Transition Plan
MALVERN, Pa., July 18, 2022 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc., (NYSE: VSH), one of the world''s largest manufacturers of discrete semiconductors and passive electronic components, announced that, as part of the Board of Directors’ executive transition plan, three executive officers will leave the Company effective December 31, 2022 and two new executive officers have been appointed, effective January 1, 2023. In addition, the Board’s independent Compensation Committee has approved employment agreements for the executive management team that include changes to the executive compensation programs.