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Vishay Intertechnology Appoints Dr. Renee B. Booth and Dr. Michiko Kurahashi to Its Board of Directors

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Vishay Intertechnology, Inc. (NYSE: VSH) has appointed two new independent members to its Board of Directors, effective January 1, 2022. Dr. Renee B. Booth and Dr. Michiko Kurahashi will bring extensive expertise in leadership development and digital marketing, respectively. Dr. Booth is the President of Leadership Solutions and has held senior positions in human resources. Dr. Kurahashi previously served as Chief Marketing Officer at AXIS Capital. These appointments aim to enhance corporate governance and bring diverse viewpoints to Vishay's strategic direction.

Positive
  • Appointments bolster corporate governance and align with best practices.
  • Dr. Booth adds extensive organizational expertise in leadership development.
  • Dr. Kurahashi brings valuable digital marketing knowledge and brand strategy.
Negative
  • None.

MALVERN, Pa., Nov. 15, 2021 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc., (NYSE: VSH), one of the world's largest manufacturers of discrete semiconductors and passive electronic components, announced the appointment, effective January 1, 2022, of two new independent members to its Board of Directors, Dr. Renee B. Booth and Dr. Michiko Kurahashi. Dr. Booth will also be appointed to serve on the Compensation Committee.

Dr. Booth has served since 1999 as President of Leadership Solutions, Inc., a boutique human resources consulting firm specializing in leadership assessment, selection, development and motivation. Prior to founding Leadership Solutions, Inc., Dr. Booth was the Eastern Regional Practice Leader for the Human Capital Group of Watson Wyatt Worldwide. Dr. Booth also served as Senior Vice President, Corporate Human Resources of financial services company ADVANTA Corporation, and spent more than a decade in senior positions with Hay Management Consultants. Dr. Booth is a Board of Trustee member at the Franklin Institute in Philadelphia where she serves on the Executive Committee and as Chair of the Education Committee and past Chair of the Compensation Committee. She previously served as a Board member of Kenexa, a human capital solutions provider, which was acquired by IBM and where she was Chair of the Compensation Committee. Dr. Booth received a B.A. in psychology from the University of Maryland and a M.S. and Ph.D. in industrial/organizational psychology from the Pennsylvania State University.

Dr. Kurahashi has served since 2020 as an adjunct professor at Baruch College educating executives, graduate students, and undergraduates in the current trends in marketing, communications, public relations, and digital marketing technology applicable to a wide range of businesses and industries. From 2016 to 2020, Dr. Kurahashi was Chief Marketing Officer at AXIS Capital (NYSE: AXS), a global commercial insurer and reinsurer. In that role, Dr. Kurahashi launched the firm’s new “One AXIS” brand, implemented AI-driven marketing initiatives and streamlined marketing processes. Prior to that, Dr. Kurahashi was Head of Marketing at CIT Bank, an online bank, and held senior marketing and communication positions at global financial institutions including UBS AG and HSBC Private Bank. Throughout her career, Dr. Kurahashi has won numerous industry awards for her work. Dr. Kurahashi received a B.A. in sociology from the University of Michigan – Ann Arbor; a M.A. in social stratification theory and a Ph.D. in quantitative research, labor markets from Cornell University.

Marc Zandman, Executive Chair, said of the appointments, “These appointments are indicative of our continued efforts to align our Board with corporate governance best practices. Drs. Booth and Kurahashi each add diversity of viewpoints and broadened knowledge to the Board.    Dr. Booth brings extensive organizational experience with leadership assessment and development. Additionally, her current and prior positions as a director provide important expertise with organizational human capital matters. Dr. Kurahashi’s deep knowledge of corporate brand strategy and digital marketing expertise bring a key strategic and operational perspective in a continuously changing marketplace. We welcome them to the Board of Directors and look forward to their contributions, expertise and insights to Vishay’s strategic direction and growth plans.”

About Vishay

Vishay manufactures one of the world’s largest portfolios of discrete semiconductors and passive electronic components that are essential to innovative designs in the automotive, industrial, computing, consumer, telecommunications, military, aerospace, and medical markets. Serving customers worldwide, Vishay is The DNA of tech.™ Vishay Intertechnology, Inc. is a Fortune 1,000 Company listed on the NYSE (VSH). More on Vishay at www.Vishay.com.

Contact:
Vishay Intertechnology, Inc.
Peter Henrici
Senior Vice President, Corporate Communications
+1-610-644-1300

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/c036edfb-42d1-4114-b2a4-5254360c4d2c

https://www.globenewswire.com/NewsRoom/AttachmentNg/c9856812-717c-441f-81cb-18d18d5d4e83


FAQ

Who are the new board members appointed at Vishay Intertechnology?

Dr. Renee B. Booth and Dr. Michiko Kurahashi are the newly appointed independent board members at Vishay Intertechnology.

What experience does Dr. Renee B. Booth bring to Vishay's board?

Dr. Booth has extensive experience in leadership assessment and development as the President of Leadership Solutions, Inc.

What role will Dr. Kurahashi play on Vishay's board?

Dr. Kurahashi will contribute her expertise in corporate brand strategy and digital marketing to Vishay's board.

Why is Vishay Intertechnology making these board appointments?

These appointments are part of Vishay's efforts to align with corporate governance best practices and enhance strategic direction.

When will the new board members start their roles?

The new board members will officially begin their roles on January 1, 2022.

Vishay Intertechnology, Inc.

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