Vishay Precision Group CFO William Clancy to retire effective Dec. 31, 2026
Chief Financial Officer William M. Clancy notified Vishay Precision Group of his retirement on May 18, 2026, effective December 31, 2026, and the company signed a transition agreement with him on May 19. The same day, the company amended employment agreements for its CEO and Chief Accounting Officer and entered a new agreement with its Chief Business and Product Officer and Chief Operating Officer, while stockholders elected six directors at the annual meeting.
Key points
- Clancy's retirement is effective December 31, 2026; his transition agreement provides base salary continuation until June 30, 2028, subject to a release of claims.
- CEO Ziv Shoshani's amended agreement sets an annual equity award of about 225% of base salary from fiscal 2026, with a cash bonus target of 100% and a maximum of 150% of base salary.
- Stockholders elected Kobi Altman, Sejal Shah Gulati, Erez Lorber, Saul Reibstein, Ziv Shoshani and Nava Swersky Sofer to one-year terms at the May 19, 2026 annual meeting.
- Stockholders ratified Brightman Almagor Zohar & Co., a firm in the Deloitte global network, as auditor for 2026 and approved the advisory executive compensation vote.
The filing
Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 22, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.