Vishay adds ex-Deloitte partner to board; authorizes buyback of 2.5M shares

VISHAY INTERTECHNOLOGY INC

John Malvisi, retired Deloitte senior partner, appointed to board and audit committee, effective Nov 28, 2023.
Board approved repurchase of additional 2.5M shares to support 70% free cash flow return policy under SHRP.
Malvisi brings 35+ years audit and M&A experience; will stand for re-election at 2024 annual meeting.
New authorization adds to ~1.3M shares remaining from prior authorization of 6.0M shares.

item 5.02 item 8.01 item 9.01

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Appointed

John Malvisi

Director

VSH · VISHAY INTERTECHNOLOGY INC

Effective: 2023-11-28
Filed: November 28, 2023, 6:59 PM ET

On November 28, 2023, the Board of Directors of Vishay Intertechnology, Inc. ("Vishay"), acting on the recommendation of its Nominating and Corporate Governance Committee, elected Mr. John Malvisi to the Vishay Board, effective immediately.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

John Malvisi was elected as Director at VISHAY INTERTECHNOLOGY INC.

Action: elected
Role: Director

Exact text from the filing

On November 28, 2023, the Board of Directors of Vishay Intertechnology, Inc. ("Vishay"), acting on the recommendation of its Nominating and Corporate Governance Committee, elected Mr. John Malvisi to the Vishay Board, effective immediately.

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Source: SEC EDGAR

accession 0000103730-23-000090

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