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Tech — Hardware

Vishay Intertechnology Executive Compensation (FY25)

VSH · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
Joel Smejkal
Median of the other named officers
$2,166,153
5 officers, excluding the chief executive
Latest say-on-pay support
=
May 18, 2026
Chief executive pay ratio
◇
To the median employee
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The paid brief on Vishay Intertechnology

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
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14 filings cited on this page
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309 figures on this page: 300 cited to the filing that reported them, 9 calculated from figures it prints. See the citations

More on Vishay Intertechnology

Five data products on this company. Each one is requested through the developer setup page.
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Joel Smejkal: $5,451,180 → $10,335,059 (89.6% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Vishay Intertechnology's chief executive and what were they paid?
Joel Smejkal, President and Chief Executive Officer, received $10,335,059 in total compensation for fiscal 2025. Smejkal's total was 89.6% higher than the $5,451,180 reported for fiscal 2024.
What was Vishay Intertechnology's say-on-pay result?
The say-on-pay proposal drew 98.8% of votes cast for or against in favor at the meeting held May 18, 2026 for fiscal 2025.
Which companies are in Vishay Intertechnology's peer group?
Companies named in the disclosed peer group include Advanced Energy Industries, Inc., Amkor Technology, Inc., Belden Inc., Coherent Corp. and CommScope Holding Company, Inc., among others.
What is Vishay Intertechnology's chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 559:1, against median employee compensation of $18,480.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Marc Zandman
Executive Chair of the Board, Chief Business Development Officer, President Vishay Israel Ltd.
◇—◇—◇—◇◇
Gerald Paul
President and Chief Executive Officer
◇—◇—◇—◇◇
Clarence Tse
Executive Vice President Business Head Semiconductors
◇—◇—◇—◇◇
Johan Vandoorn
Executive Vice President and Chief Technical Officer
◇—◇—◇—◇◇
Lori Lipcaman
Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Marc Zandman
Executive Chairman of the Board, Chief Business Development Officer
◇—◇—◇—◇◇
Joel Smejkal
President and Chief Executive Officer
◇—◇—◇—◇◇
Jeff Webster
Executive Vice President and Chief Operating Officer
◇—◇—◇◇◇◇
Lori Lipcaman
Former Executive Vice President and Chief Financial Officer
Departed during or after this year
◇—◇—◇◇◇◇
Roy Shoshani
Executive Vice President and Chief Technical Officer
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Joel Smejkal
President and Chief Executive Officer
◇—◇—◇—◇◇
Marc Zandman
Executive Chairman of the Board, Chief Business Development Officer, President Vishay Israel Ltd.
◇—◇—◇◇◇◇
Roy Shoshani
Executive Vice President - Chief Operating Officer - Semiconductors and Chief Technical Officer
◇—◇—◇—◇◇
Jeff Webster
Former Executive Vice President and Chief Operating Officer
Departed during or after this year
◇—◇—◇—◇◇
Lori Lipcaman
Former Executive Vice President and Chief Financial Officer
Departed during or after this year
◇————◇◇◇
David McConnell
Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Joel Smejkal
President and Chief Executive Officer
◇—◇—◇—◇◇
Marc Zandman
Executive Chairman of the Board, Chief Business Development Officer, President - Vishay Israel Ltd.
◇◇◇——◇◇◇
Roy Shoshani
Executive Vice President - Chief Operating Officer - Semiconductors and Chief Technical Officer
◇—◇—◇—◇◇
David McConnell
Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Jeff Webster
Former Executive Vice President and Chief Operating Officer
Departed during or after this year
◇————◇◇◇
Peter Henrici
Executive Vice President - Corporate Development
◇—◇—◇—◇— not reconciled
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
David McConnellRSU◇——◇——◇
David McConnellPSU◇◇◇—◇—◇
Joel SmejkalRSU◇——◇——◇
Joel SmejkalPSU◇◇◇—◇—◇
Marc ZandmanPSU◇◇◇—◇—◇
Marc ZandmanRSU◇——◇——◇
Marc ZandmanRSU◇——◇——◇
Peter HenriciPSU◇◇◇—◇—◇
Peter HenriciRSU◇——◇——◇
Roy ShoshaniPSU◇◇◇—◇—◇
Roy ShoshaniRSU◇——◇——◇
Fiscal 2022, 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Joel SmejkalRSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
Roy ShoshaniRSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
Marc ZandmanRSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
David McConnellRSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
Peter HenriciRSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Roy Shoshani
Executive Vice President - Chief Operating Officer - Semiconductors and Chief Technical Officer · Employment agreement · dated January 13, 2025
Severance multiple◇
Severance base◇
Non-compete period◇
Non-solicit period◇
Clawback◇
David McConnell
Executive Vice President and Chief Financial Officer · Employment agreement
Severance multiple◇
Severance base◇
Change-in-control multiple◇
Non-compete period◇
Non-solicit period◇
Clawback◇
Joel Smejkal
President and Chief Executive Officer · Amended agreement
Severance multiple◇
Severance base◇
Change-in-control multiple◇
Equity acceleration on change in control◇
Non-compete period◇
Non-solicit period◇
Clawback◇
Marc Zandman
Executive Chairman of the Board, Chief Business Development Officer, President - Vishay Israel Ltd. · Employment agreement
Severance multiple◇
Severance base◇
Severance cash amount◇
Benefits continuation◇
Non-compete period◇
Non-solicit period◇
Peter Henrici
Executive Vice President - Corporate Development · Amended agreement
Severance multiple◇
Severance base◇
Change-in-control multiple◇
Non-compete period◇
Non-solicit period◇
Clawback◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Ruta Zandman
◇◇————◇
John Malvisi
◇◇————◇
Dr. Abraham Ludomirski
◇◇————◇
Michael J. Cody
◇◇————◇
Raanan Zilberman
◇◇————◇
Dr. Renee B. Booth
◇◇————◇
Dr. Michiko Kurahashi
◇◇————◇
Timothy V. Talbert
◇◇————◇
Ziv Shoshani
◇◇————◇
Joel Smejkal and Marc Zandman served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Advanced Energy Industries, Inc. AEIS
  • Amkor Technology, Inc. AMKR
  • Belden Inc. BDC
  • Coherent Corp. COHR
  • CommScope Holding Company, Inc. symbol not shown
  • Diodes Incorporated DIOD
  • Fabrinet FN
  • First Solar, Inc. FSLR
  • Hubbell Incorporated HUBB
  • IPG Photonics Corporation IPGP
  • Itron, Inc. ITRI
  • Juniper Networks, Inc. JNPR
  • Littelfuse, Inc. LFUS
  • MKS Instruments, Inc. MKSI
  • Sensata Technologies Holding plc ST
  • Silicon Laboratories Inc. SLAB
  • TTM Technologies, Inc. TTMI
  • Ultra Clean Holdings, Inc. UCTT
  • Viasat, Inc. VSAT

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 18, 2026=◇◇◇
2024May 20, 2025=◇◇◇
2023May 21, 2024=◇◇◇
2022May 23, 2023=◇◇◇
2021May 24, 2022=◇◇◇
2020May 25, 2021=◇◇◇
2019May 19, 2020=◇◇◇
2018May 14, 2019=◇◇◇
2016May 23, 2017=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇

Ask our research desk — $99, 24h, every figure cited to its filing.

Sample answer — “What is the CEO’s total compensation?”
- Joel Smejkal (President and Chief Executive Officer), FY2025 total compensation $10,335,059 (base salary $1,029,600) [exec_comp, SEC accession 0000103730-26-000029, filed 2026-04-08]

Answered within 24 hours, every figure cited to its SEC filing. This is a one-off report: no refunds.

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What this page does not include

Everything above is a fact Vishay Intertechnology disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Vishay Intertechnology sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
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Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
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Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
309 figures on this page: 300 cited to the filing that reported them, 9 calculated from figures it prints.
300 cited to the filing
9 calculated from the filing

Documents cited

  1. 0000103730-26-000043
  2. 0000103730-26-000029
    2025 Grants of Plan Based Awards · Director Compensation · Outstanding Equity Awards at Fiscal Year End · Potential Payments Upon Termination · and 1 more section
  3. 0000103730-25-000041
  4. 0000103730-25-000028
    Summary Compensation Table
  5. 0000103730-25-000017
    EXHIBIT 10.41
  6. 0000103730-24-000089
  7. 0000103730-24-000071
    Summary Compensation Table
  8. 0000103730-23-000052
    Item 5.07 Submission of Matters to a Vote of Security Holders
  9. 0001140361-23-016002
    Summary Compensation Table
  10. 0000103730-22-000038
  11. 0000103730-21-000034
  12. 0000103730-20-000040
  13. 0000103730-19-000021
  14. 0000103730-17-000021
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Vishay Intertechnology executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/VSH (accessed 2026).
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The paid brief for Vishay Intertechnology

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $500 for the board report; $900 for both.
14 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Tech — Hardware rankings

Peers Vishay Intertechnology discloses

The companies named in VSH's own disclosed peer group.

Terms on this page

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}