-----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, RL6ecJhhedx89gmxnwjC+mgf/WU77BNYHg7rc6/1M06+VyWkuXYszfqosKsLmuGw +JV/qgNv1hAqCr3oXUNgBA== 0001206774-10-001007.txt : 20100420 0001206774-10-001007.hdr.sgml : 20100420 20100420170025 ACCESSION NUMBER: 0001206774-10-001007 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20100418 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20100420 DATE AS OF CHANGE: 20100420 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: 10759866 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 vishay_8k.htm CURRENT REPORT vishay_8k.htm
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): April 18, 2010
 
Vishay Intertechnology, Inc.
(Exact name of registrant as specified in its charter)

Delaware 1-7416 38-1686453
(State or other jurisdiction   (Commission   (I.R.S. Employer
of incorporation) File Number) Identification No.)

63 Lancaster Avenue        
Malvern, PA 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 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
 
(d) Election of Directors
 
On April 18, 2010, the Board of Directors of Vishay Intertechnology, Inc. (“Vishay”), acting on the recommendation of its Nominating and Corporate Governance Committee, elected Mr. Frank D. Maier to the Vishay Board, effective immediately, following the decision of Mr. Zvi Grinfas to resign from the Vishay Board due to health reasons, effective May 31, 2010.  Mr. Maier was also elected to the Audit Committee and Strategic Affairs Committees of the Board of Directors.  Mr. Maier’s term will expire at the 2010 Annual Meeting of Stockholders, scheduled for June 16, 2010, at which time Mr. Maier will stand for election to the Vishay Board.  The Board of Directors has concluded that Mr. Maier will qualify as an independent director pursuant to the New York Stock Exchange corporate governance standards.
 
In connection with his appointment to the Board, and at the recommendation of its Compensation Committee, the Board approved a grant of 7,500 restricted stock units (“RSUs”) to Mr. Maier.  The RSUs will vest on March 18, 2013, with pro rata vesting upon earlier cessation of service. This grant is made pursuant to the Vishay Intertechnology 2007 Stock Incentive Program.
 
The press release announcing Mr. Maier’s election is attached as Exhibit 99 to this report.
 
Item 9.01 Financial Statements and Exhibits
 
(d) Exhibits
 
Exhibit No.       Description  
99 Press Release dated April 19, 2010



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:  April 20, 2010  
VISHAY INTERTECHNOLOGY, INC.
 
 
By: /s/ Lior E. Yahalomi  
Name:   Dr. Lior E. Yahalomi
Title: Executive Vice President and
Chief Financial Officer


EX-99 2 exhibit99.htm PRESS RELEASE DATED APRIL 19, 2010 exhibit99.htm
Exhibit 99
 
Vishay Intertechnology Appoints Frank D. Maier to Board of Directors
 
MALVERN, PA – April 19, 2010 – Vishay Intertechnology, Inc. (“Vishay”) (NYSE: VSH) announced today that Frank Dieter Maier, former Managing Director of TEMIC GmbH, a wholly-owned subsidiary of Daimler Benz, has been appointed to Vishay’s Board of Directors, effective immediately. This announcement follows the decision of Zvi Grinfas to resign from the Vishay Board, effective May 31, 2010, due to health reasons. Mr. Maier will also stand for election to the Vishay Board at the Company’s 2010 Annual Meeting of Shareholders which is scheduled for June 16, 2010.
 
“I am pleased to welcome Mr. Maier to Vishay’s Board of Directors,” said Dr. Felix Zandman, Executive Chairman of the Board and Chief Technical and Business Development Officer. “Having known Mr. Maier through his more than ten years of valuable service to the Board of Directors of Vishay Europe, I know he shares Vishay’s commitment to profitable growth and building long-term shareholder value. Mr. Maier has an in-depth knowledge of and experience in semiconductors and passive electronic components and I look forward to his contribution to further strengthen Vishay’s position as a global technology leader in discrete semiconductors and passive components.”
 
Prior to his retirement in 2002, Mr. Maier served as Managing Director of TEMIC GmbH where he was responsible for the development and concentration of electronic activities within Daimler, including the operations of 26 semiconductor and automotive electronics plants. Prior to that Mr. Maier served as a member of the board of management of Daimler Benz AG and as Managing Director of Telefunken Elektronik GmbH.
 
Mr. Maier currently serves as Deputy Chairman of the Board of Directors of Varta Microbattery GmbH, Chairman of the Board of Directors and member of the Advisory Council of BASIC AG, a director of Preh Gmbh and a member of the Advisory Council of BMK GmbH.
 
About Vishay Intertechnology
 
Following completion of the previously-announced spin-off of its wholly-owned subsidiary Vishay Precision Group, Inc. into an independent, publicly-traded company, Vishay Intertechnology, Inc., a Fortune 1,000 Company listed on the NYSE (VSH), will be a pure-play discrete electronic components business and one of the world’s largest manufacturers of discrete semiconductors (diodes, rectifiers, transistors, and optoelectronics and selected ICs) and passive electronic components (resistors, capacitors, and inductors). These components are used in virtually all types of electronic devices and equipment, in the industrial, computing, automotive, consumer, telecommunications, military, aerospace, and medical markets. Its product innovations, successful acquisition strategy, and ability to provide “one-stop shop” service have made Vishay a global industry leader. Vishay can be found on the Internet at http://www.vishay.com.
 
CONTACTS:
 
Vishay Intertechnology, Inc.
Peter G. Henrici
Senior Vice President Corporate Communications
(610) 644-1300
 
Joele Frank, Wilkinson Brimmer Katcher
Matthew Sherman / Andrea Priest
(212) 355-4449
 

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