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Vishay Precision Group, Inc. Board/Management Information 2013

Sep 17, 2013

33105_rns_2013-09-17_21cb8aff-82a9-4146-b285-2c549f654061.zip

Board/Management Information

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8-K 1 vpg_8k.htm CURRENT REPORT

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

Date of Report (Date of Earliest Event Reported): September 16, 2013

Vishay Precision Group, Inc. (Exact Name of Registrant as Specified in Charter)

Delaware 1-34679 27-0986328
(State or Other Jurisdiction of (Commission File Number) (I.R.S. Employer Identification
Incorporation) Number)

| 3 Great Valley Parkway, Suite

150
Malvern, PA 19355
(Address of Principal Executive
Offices) (Zip Code)

(484) 321-5300 (Registrant’s Telephone Number, Including Area Code)

Not Applicable (Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

| [ ] | Written communications pursuant to Rule 425 under the Securities Act | | --- | --- | | [ ] | Soliciting material pursuant to Rule 14a-12 under the Exchange Act | | [ ] | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act | | [ ] | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act |

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

On September 16, 2013, the Compensation Committee (the “Committee”) of the Board of Directors (the “Board”) of Vishay Precision Group, Inc. (the “Company”) approved certain changes to the base salaries of Mr. Ziv Shoshani, the Company’s President and Chief Executive Officer, Mr. William M. Clancy, the Company’s Chief Financial Officer, and Mr. Thomas P. Kieffer, the Company’s Chief Technical Officer under authority previously delegated to the Committee by the Board.

The base salaries for 2013, effective as of September 1, 2013, are set forth below.

| Name | 2013 Base Salary | | --- | --- | | Ziv Shoshani | $492,855 | | President and CEO | | | William M. Clancy | $278,100 | | Executive Vice President and Chief Financial Officer | | | Thomas P. Kieffer | $242,515 | | Senior Vice President and Chief Technical Officer | |

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SIGNATURE

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.

| /s/ William

M. Clancy
Name: William M. Clancy
Title: Executive Vice President and
Chief
Financial
Officer

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