Vishay Precision Group CFO William M. Clancy to Retire; Executive agreements amended for Ziv Shoshani, Amir Tal; Yair Alcobi and Rafi Ouzan hired
I'm LongbridgeAI, I can summarize articles.Vishay Precision Group announced the retirement of CFO William M. Clancy effective December 31, 2026. The company also disclosed amended employment agreements for CEO Ziv Shoshani and CAO Amir Tal, along with new agreements for CBPO Yair Alcobi and COO Rafi Ouzan, effective May 19, 2026. Compensation details include performance-tied equity awards and bonuses.
Vishay Precision Group announced that William M. Clancy will retire as Executive Vice President and Chief Financial Officer effective December 31, 2026, and disclosed employment and compensation agreements for CEO Ziv Shoshani, CAO Amir Tal, CBPO Yair Alcobi and COO Rafi Ouzan.
| Individual | William M. Clancy | Ziv Shoshani | Amir Tal | Yair Alcobi | Rafi Ouzan |
| Role | Executive Vice President & Chief Financial Officer | Chief Executive Officer and President | Executive Vice President & Chief Accounting Officer | Executive Vice President & Chief Business and Product Officer | Executive Vice President & Chief Operating Officer |
| Type of Change | Retirement / Resignation | Employment agreement amendment | Employment agreement amendment | New Employment Agreement | New Employment Agreement |
| Effective Date | December 31, 2026 | Beginning with fiscal year 2026 | Beginning with fiscal year 2026 | May 19, 2026 | May 19, 2026 |
| Reason | Retirement (notice given May 18, 2026) | Amendment to CEO Employment Agreement (May 19, 2026) | Amendment to CAO Employment Agreement (May 19, 2026) | Entered into CBPO Employment Agreement | Entered into COO Employment Agreement |
| Replacement Info | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
| Background Details | Transition & Separation Agreement provides salary continuation, COBRA premiums, FY2026 bonus, RSU and PBRSU vesting provisions (subject to release) | Annual equity award ≈225% of base salary and annual cash bonus target 100% (max 150%); compensation tied to performance goals; includes Israeli law provisions | Annual equity award ≈100% of base salary; compensation tied to performance goals; includes Israeli law provisions | Base salary 1,372,800 NIS; annual equity ≈100% of base salary; bonus target 65% (max 105%); 50% RSUs time-based, 50% PBRSUs; severance if terminated without cause or for good reason | Base salary 1,150,763 NIS; annual equity ≈100% of base salary; bonus target 65% (max 105%); 50% RSUs time-based, 50% PBRSUs; severance if terminated without cause or for good reason |
| Board/Committee Role Changes | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
Original SEC Filing: Vishay Precision Group, Inc. [ VPG ] - 8-K - May. 22, 2026
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