Vishay Precision Group Inc. filed SEC Form 8-K: Leadership Update, Regulation FD Disclosure, Financial Statements and Exhibits
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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
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On August 14, 2024, the Board of Directors (the “Board”) of Vishay Precision Group Inc. (the “Company”), acting on the recommendation of its Nominating and Corporate Governance Committee, appointed Erez Lorber to the Company’s Board, effective immediately. Mr. Lorber’s initial term will expire at the Company’s annual meeting of stockholders to be held in 2025. The Board has concluded that Mr. Lorber will qualify as an independent director pursuant to the New York Stock Exchange corporate governance standards.
Mr. Lorber will be compensated on the same terms as the Company’s other non-employee directors. Compensation arrangements for directors are described under the heading “Director Compensation” in the Company’s most recently filed Definitive Proxy Statement. There are no arrangements or understandings between Mr. Lorber and any other person pursuant to which Mr. Lorber was appointed as a director. There are no transactions involving Mr. Lorber that are reportable under Item 404(a) of Regulation S-K.
Item 7.01 Regulation FD Disclosure
On August 15, 2024, the Company issued a press release announcing the appointment of Mr. Lorber to the Board. A copy of such press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.
Item 9.01 Financial Statements and Exhibits
Exhibit No. | Description | ||||
SIGNATURES
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.
| Vishay Precision Group, Inc. | |||||||||||
| Date: August 14, 2024 | By: | /s/ William M. Clancy | |||||||||
| Name: William M. Clancy | |||||||||||
| Title: Executive Vice President and Chief | |||||||||||
| Financial Officer | |||||||||||