Vishay Intertechnology announces virtual stockholders meeting in May
- Vishay Intertechnology's Annual Meeting of Stockholders is scheduled for May 20, 2025.
- The meeting will be held virtually, allowing easy access for stockholders.
- The shift to a virtual meeting format emphasizes efficiency, cost reduction, and modern engagement.
In Malvern, Pennsylvania, on March 31, 2025, Vishay Intertechnology, Inc. announced the upcoming Annual Meeting of Stockholders, set to take place at 9:00 a.m. U.S. eastern time on May 20, 2025. This event will occur in a virtual format, allowing stockholders to participate remotely via the Internet. To access the virtual meeting, stockholders will need a specific control number provided in the Notice of Internet Availability of Proxy Materials, found on their voting instruction forms or proxy cards. For those without this number, they may still attend the event as guests, albeit without the capacity to vote or ask questions during the meeting. As part of the move towards digital solutions, Vishay has chosen a virtual meeting format in response to the growing trend of online participation in corporate governance. This reflects a broader transformation in how companies engage with their stakeholders, particularly amid ongoing shifts in public and corporate practices promoting efficiency and cost-effectiveness. The Securities and Exchange Commission rules allow companies to notify stockholders that the proxy statement, annual report, electronic proxy card, and related materials are available online, enhancing accessibility for investors. The decision to adopt this process will enable Vishay to serve its stockholders more efficiently while reducing costs associated with traditional printing and mailing of materials. By providing proxy materials online, Vishay aims to streamline participation for its investors, allowing them to view materials and vote through an online platform. Stockholders receiving the Notice of Internet Availability will not receive paper copies of these materials unless they specifically request them, maintaining an environmentally friendly operation. Overall, Vishay Intertechnology's shift to a virtual annual meeting marks a significant step toward modernization in corporate governance. This adaptation underscores the need for companies to embrace technological advancements, especially in the wake of recent global events that have pushed many organizations to rethink their in-person meeting strategies. The engagement model put forth by the company signifies an acknowledgment of modern preferences among individual investors, who increasingly favor remote and convenient ways to participate in corporate affairs.