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VSH > SEC Filings for VSH > Form 8-K on 3-Dec-2012All Recent SEC Filings

Show all filings for VISHAY INTERTECHNOLOGY INC | Request a Trial to NEW EDGAR Online Pro

Form 8-K for VISHAY INTERTECHNOLOGY INC


3-Dec-2012

Change in Directors or Principal Officers


Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On November 29, 2012, the Compensation Committee of Vishay Intertechnology, Inc.'s (the "Company") Board of Directors approved the 2013 base salary for Dr. Gerald Paul, the Company's President and Chief Executive Officer, and the Board of Directors approved the 2013 base salaries of the Company's other Named Executive Officers, upon the recommendation of the Company's Compensation Committee.

Base Salaries

The base salaries for 2013 are set forth below.


     Name                   Positions Held                   2013 Base Salary
                Executive Chairman of the Board, Chief               NIS 3,079,601
                Business Development Officer, and         (approximately $800,000)
Marc Zandman    President - Vishay Israel Ltd                                  (a)
                                                           €853,870 (approximately
Dr. Gerald Paul President and Chief Executive Officer              $1,090,000) (b)
                Executive Vice President and Chief         €334,750 (approximately
Lori Lipcaman   Financial Officer                                    $430,000) (b)
Dieter          Executive Vice President and Chief         €386,250 (approximately
Wunderlich      Operating Officer                                    $500,000) (b)
                Executive Vice President and Chief         €375,950 (approximately
Johan Vandoorn  Technical Officer                                    $480,000) (b)
                Executive Vice President Worldwide
David Valletta  Sales                                                     $437,750

(a) Salary will be paid in Israeli shekels

(b) Salary will be paid in Euro


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