-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, H+OxJgKYBN1cakaWsxvrqTOYMSLOujO79WRtRoEO8dFbA6HtqShizIbPvycKb1us zxpBPD0Jj4JniRqA4xQhbA== 0001206774-06-000384.txt : 20060308 0001206774-06-000384.hdr.sgml : 20060308 20060308084844 ACCESSION NUMBER: 0001206774-06-000384 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20060308 ITEM INFORMATION: Entry into a Material Definitive Agreement FILED AS OF DATE: 20060308 DATE AS OF CHANGE: 20060308 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VISHAY INTERTECHNOLOGY INC CENTRAL INDEX KEY: 0000103730 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPONENTS & ACCESSORIES [3670] IRS NUMBER: 381686453 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-07416 FILM NUMBER: 06671702 BUSINESS ADDRESS: STREET 1: 63 LINCOLN HWY CITY: MALVERN STATE: PA ZIP: 19355 BUSINESS PHONE: 6106441300 MAIL ADDRESS: STREET 1: 63 LINCOLN HIGHWAY CITY: MALVERN STATE: PA ZIP: 19355 8-K 1 vi71796.htm FORM 8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
 Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)     March 8, 2006

Vishay Intertechnology, Inc.

(Exact name of registrant as specified in its charter)

Delaware

 

1-7416

 

38-1686453

 

 

(State or other jurisdiction
of incorporation)

 

(Commission
File Number)

 

(I.R.S. Employer
Identification No.)

 

 

 

 

 

63 Lincoln Highway
Malvern, PA 19355

 

19355-2143

 

(Address of principal executive offices)

 

(Zip Code)

 

 

 

 

 

Registrant’s telephone number, including area code     610-644-1300

 

 

 

 

 

 

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 

o

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 

o

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

 

o

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Item 1.01 – Entry into a Material Definitive Agreement

On March 7, 2006, the Compensation Committee of the Vishay Board of Directors approved the base salary for the Company’s Chief Executive Officer for 2006.  Also on March 7, the Board approved the base salaries of Vishay’s other executive officers, on the recommendation of the Compensation Committee. The base salaries for 2006 are set forth below.

Name

 

Positions Held

 

2006 Base Salary

 

 

Dr. Felix Zandman

 

Chairman of the Board, Chief Technical and Business Development Officer

 

$975,000(1)

 

 

 

 

 

Dr. Gerald Paul

 

Chief Executive Officer, President, Chief Operating Officer

 

€670,028
(approximately
$831,000)(2)

 

 

 

 

 

Marc Zandman

 

Vice-Chairman of the Board, President - Vishay Israel Ltd.

 

$240,000

 

 

 

 

 

Richard N. Grubb

 

Executive Vice President, Treasurer, and Chief Financial Officer

 

$450,000

 

 

 

 

 

Ziv Shoshani

 

Executive Vice President, Deputy Chief Operating Officer

 

$205,000

(1) – No change from prior year.

(2) – Salary will be paid in Euro.

The other terms and conditions of the employment agreements with these respective executive officers are unchanged. 


Signature

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: March 8, 2006

 

VISHAY INTERTECHNOLOGY, INC.

 

 

 

By:

/s/ Richard N. Grubb

 

 

 

Name:

Richard N. Grubb

 

Title:

Executive Vice President and

 

 

Chief Financial Officer
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