Vishay Intertechnology, Inc. Announces 2026 Officer Compensation Adjustments
Key Highlights:
- Vishay Intertechnology, Inc. (NYSE: VSH) has released its Form 8-K current report dated February 25, 2026, detailing significant changes to officer compensation for 2026.
- The report follows a Board Compensation Committee meeting held on February 25, 2026.
- Adjustments include revised base salaries for key executives and increases in target annual cash bonus opportunities for select officers.
Detailed Compensation Changes for 2026
Vishay Intertechnology’s Compensation Committee has set new base salaries for the following officers, effective for fiscal year 2026. The changes reflect both currency adjustments and the company’s performance outlook, and are based on average exchange rates for 2025:
| Officer |
2026 Base Salary |
Notes |
| Marc Zandman |
ILS 4,700,211 (approx. \$1,360,000) |
Salary paid in Israeli shekels |
| Joel Smejkal |
\$1,060,488 |
— |
| David McConnell |
\$490,970 |
— |
| Roy Shoshani |
\$711,524 |
— |
| Michael O’Sullivan |
\$478,826 |
Minimum target annual cash bonus increased |
| Peter Henrici |
\$461,687 |
— |
| David Tomlinson |
\$399,558 |
Minimum target annual cash bonus increased |
Note: Marc Zandman’s salary is paid in Israeli shekels; the USD equivalent is approximate.
Bonus Opportunity Adjustments
The Compensation Committee has increased the minimum target annual cash bonus opportunity for Michael O’Sullivan and David Tomlinson to 55% of base salary, effective in 2026. This increase may be viewed as a recognition of their roles and potential contributions. No other officers received changes to their minimum target annual cash bonus opportunities.
Shareholder Relevance & Potential Price Sensitivity
- Executive Compensation Changes: Adjustments in executive compensation, especially for top officers, can be seen as a sign of Vishay’s commitment to reward and retain key talent. Such moves may reflect the company’s outlook, confidence, or response to market and operational challenges.
- Bonus Opportunity Increases: The targeted bonus increases for O’Sullivan and Tomlinson may signal anticipated growth or operational improvement. Investors often interpret higher bonus targets as a signal of company optimism or as part of incentives to drive performance.
- No Other Adjustments: Stability in other officers’ bonus targets may indicate a steady outlook for the rest of the management team.
- Price Sensitivity: Changes in executive pay and incentives can impact investor sentiment. If the market views these changes positively (as signs of growth, retention, or performance alignment), share price may react accordingly. Conversely, if investors see compensation rising without clear business justification, it may be viewed negatively.
Other Notable Information
- No departures, appointments, or elections of directors or officers were reported in this filing.
- No amendments or corrections to previous filings were disclosed.
- Vishay Intertechnology remains listed on the New York Stock Exchange under the symbol VSH.
Conclusion
The compensation adjustments for 2026, especially the increases in bonus targets for select executives, are noteworthy. Investors should monitor how these changes align with Vishay’s performance and strategic goals. Such moves may indicate confidence in future business prospects, and can influence both market perception and share price.
Disclaimer: The information presented here is based on Vishay Intertechnology, Inc.’s Form 8-K filing dated February 25, 2026. This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own due diligence and consult with professional advisors before making any investment decisions.
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