VPG Appoints Erez Lorber as New Independent Director
Vishay Precision Group (NYSE: VPG), a leader in precision measurement and sensing technologies, has appointed Erez Lorber as an independent director to its Board, effective immediately. Lorber brings extensive technology expertise and entrepreneurial success to VPG. His background includes serving as CEO of Questar Auto Technologies (2020-2023), COO at Storedot (2015-2020), and CEO roles at BackWeb Technologies, Tri-Logical Technologies, and Deloitte Consulting of Israel. Lorber currently serves on the board of CIPIA and previously held directorships at CopperGate and FlashNetworks. He holds a degree from Temple University and an MBA from Tel Aviv University.
Vishay Precision Group (NYSE: VPG), leader nelle tecnologie di misurazione e rilevamento di precisione, ha nominato Erez Lorber come direttore indipendente del proprio Consiglio, con effetto immediato. Lorber porta con sé una vasta esperienza tecnologica e successi imprenditoriali a VPG. Il suo percorso comprende ruoli come CEO di Questar Auto Technologies (2020-2023), COO di Storedot (2015-2020), e posizioni di CEO in BackWeb Technologies, Tri-Logical Technologies e Deloitte Consulting di Israele. Lorber attualmente fa parte del consiglio di amministrazione di CIPIA e ha ricoperto in precedenza cariche dirigenziali in CopperGate e FlashNetworks. Ha conseguito una laurea presso la Temple University e un MBA presso la Tel Aviv University.
Vishay Precision Group (NYSE: VPG), líder en tecnologías de medición y detección de precisión, ha designado a Erez Lorber como director independiente de su Junta, con efecto inmediato. Lorber aporta una amplia experiencia tecnológica y éxito empresarial a VPG. Su trayectoria incluye haber sido CEO de Questar Auto Technologies (2020-2023), COO en Storedot (2015-2020), y roles de CEO en BackWeb Technologies, Tri-Logical Technologies y Deloitte Consulting de Israel. Lorber actualmente forma parte del consejo de CIPIA y anteriormente ocupó cargos directivos en CopperGate y FlashNetworks. Tiene un título de la Temple University y un MBA de la Universidad de Tel Aviv.
Vishay Precision Group (NYSE: VPG), 정밀 측정 및 센싱 기술의 선두주자로, Erez Lorber를 독립 이사로 임명했습니다고 발표했습니다. Lorber는 VPG에 폭넓은 기술 전문성과 기업가 정신을 가져옵니다. 그의 경력에는 Questar Auto Technologies의 CEO (2020-2023), Storedot의 COO (2015-2020), 그리고 BackWeb Technologies, Tri-Logical Technologies, 그리고 Deloitte Consulting 이스라엘 지사의 CEO 역할이 포함됩니다. 현재 Lorber는 CIPIA의 이사로 활동하고 있으며, 이전에는 CopperGate와 FlashNetworks에서도 직책을 맡았습니다. 그는 Temple University에서 학위를 받았고, Tel Aviv University에서 MBA를 취득했습니다.
Vishay Precision Group (NYSE: VPG), un leader dans les technologies de mesure et de détection de précision, a nommé Erez Lorber comme directeur indépendant de son Conseil, avec effet immédiat. Lorber apporte une grande expertise technologique et un succès entrepreneurial à VPG. Son parcours comprend des postes tels que PDG de Questar Auto Technologies (2020-2023), COO chez Storedot (2015-2020) et des rôles de PDG chez BackWeb Technologies, Tri-Logical Technologies et Deloitte Consulting en Israël. Lorber siège actuellement au conseil d'administration de CIPIA et a précédemment occupé des postes de direction chez CopperGate et FlashNetworks. Il est diplômé de la Temple University et titulaire d'un MBA de l'Université de Tel Aviv.
Vishay Precision Group (NYSE: VPG), ein führendes Unternehmen für Präzisionsmessung und Sensortechnologien, hat Erez Lorber als unabhängigen Direktor in seinen Vorstand berufen, mit sofortiger Wirkung. Lorber bringt umfassende technologische Expertise und unternehmerischen Erfolg zu VPG. Zu seinem Werdegang gehört die Position CEO von Questar Auto Technologies (2020-2023), COO bei Storedot (2015-2020) sowie CEO-Positionen bei BackWeb Technologies, Tri-Logical Technologies und Deloitte Consulting in Israel. Lorber ist aktuell Mitglied des Vorstands von CIPIA und hatte zuvor Direktorenposten bei CopperGate und FlashNetworks inne. Er hat einen Abschluss von der Temple University sowie einen MBA von der Universität Tel Aviv.
- Addition of a seasoned technology executive to the board
- Lorber's experience in AI, nanotechnology, and automotive industries aligns with VPG's focus on precision technologies
- Potential for fresh perspectives and strategic insights from Lorber's diverse leadership background
- None.
MALVERN, Pa., Aug. 15, 2024 (GLOBE NEWSWIRE) -- Vishay Precision Group, Inc. (NYSE: VPG), a leading producer of precision measurement and sensing technologies, today announced the appointment of Erez Lorber as an independent member to its Board of Directors, effective immediately.
Saul Reibstein, Chairman of the Board of Vishay Precision Group, said, “We are pleased to have Erez join our board. He brings a wealth of technology expertise and demonstrated success as an entrepreneur, senior executive, and board member of an impressive list of innovative technology companies.”
Mr. Lorber served from 2020 to 2023 as CEO of Questar Auto Technologies, a predictive vehicle health company using AI technology. From 2015 to 2020, Mr. Lorber was chief operating office at Storedot, an innovator of extreme-fast charging EV batteries using nanotechnology and AI optimization. Prior to that, Mr. Lorber served in CEO roles at BackWeb Technologies Ltd., Tri-Logical Technologies Ltd., and Deloitte Consulting of Israel. Mr. Lorber currently serves on the board of directors of CIPIA, a leading provider of in-cabin sensing solutions for the automotive industry, and previously served as a director of CopperGate and FlashNetworks.
Mr. Lorber holds an undergraduate degree from Temple University and an MBA from Tel Aviv University.
About VPG:
Vishay Precision Group, Inc. (VPG) is a leader in precision measurement and sensing technologies. Our sensors, weighing solutions and measurement systems optimize and enhance our customers’ product performance across a broad array of markets to make our world safer, smarter, and more productive. To learn more, visit VPG at vpgsensors.com and follow us on LinkedIn.
Forward-Looking Statements:
From time to time, information provided by us, including, but not limited to, statements in this report, or other statements made by or on our behalf, may contain or constitute "forward-looking" information within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve a number of risks, uncertainties, and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from those anticipated.
Such statements are based on current expectations only, and are subject to certain risks, uncertainties, and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, expected, estimated, or projected. Among the factors that could cause actual results to materially differ include: general business and economic conditions; impact of inflation; potential issues respecting the United States federal government debt ceiling; global labor and supply chain challenges; difficulties or delays in identifying, negotiating and completing acquisitions and integrating acquired companies; the inability to realize anticipated synergies and expansion possibilities; difficulties in new product development; changes in competition and technology in the markets that we serve and the mix of our products required to address these changes; changes in foreign currency exchange rates; political, economic, and health (including pandemics) instabilities; instability caused by military hostilities in the countries in which we operate (including Israel); difficulties in implementing our cost reduction strategies, such as underutilization of production facilities, labor unrest or legal challenges to our lay-off or termination plans, operation of redundant facilities due to difficulties in transferring production to achieve efficiencies; compliance issues under applicable laws, such as export control laws, including the outcome of our voluntary self-disclosure of export control non-compliance; significant developments from the recent and potential changes in tariffs and trade regulation; our efforts and efforts by governmental authorities to mitigate the COVID-19 pandemic, such as travel bans, shelter-in-place orders and business closures and the related impact on resource allocations, manufacturing and supply chains; our status as a “critical”, “essential” or “life-sustaining” business in light of COVID-19 business closure laws, orders and guidance being challenged by a governmental body or other applicable authority; our ability to execute our new corporate strategy and business continuity, operational and budget plans; and other factors affecting our operations, markets, products, services, and prices that are set forth in our Annual Report on Form 10-K for the fiscal year ended December 31, 2023. We caution you not to place undue reliance on forward-looking statements, which speak only as of the date of this report or as of the dates otherwise indicated in such forward-looking statements. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
Contact:
Steve Cantor
Vishay Precision Group, Inc.
781-222-3516
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