MALVERN, PA — Vishay Intertechnology Inc. (NYSE: VSH), a global manufacturer and supplier of discrete semiconductors and passive components, has announced the recent appointment of Mr. John Malvisi to its Board of Directors and Audit Committee.
John Malvisi, who retired in 2021 as a senior partner in Deloitte & Touche LLP’s audit practice, brings over 35 years of client service experience to Vishay Intertechnology. His illustrious career at Deloitte saw him managing several of the firm’s largest audit clients in the media & entertainment, and consumer products industries. He also lent his expertise to the firm’s Merger & Acquisition Services Group and National Office for several years.
Malvisi’s tenure at Deloitte’s National Office Assurance Insights & Analysis Group and Accounting Research Group was marked by roles that involved quality and risk control and consultations on a wide array of accounting and financial reporting issues. The Fordham University MBA graduate also served on the Board of Trustees for Catholic Charities of the Archdiocese of New York from 2008 through 2022, including its Audit Committee.
Marc Zandman, Executive Chairman of the Board at Vishay Intertechnology, expressed his optimism about the new appointment. “John’s extensive experience and leadership in the accounting and auditing profession, as well as his M&A background and experience in corporate governance matters, bring important perspectives to the Board of Directors,” Zandman said. “We welcome him to the Board and look forward to his contributions, expertise, and insights to Vishay’s strategic direction and growth plans.”
The appointment of Mr. Malvisi underscores Vishay Intertechnology’s commitment to strengthening its board with seasoned professionals who can provide valuable insights and direction. This move is likely to boost investor confidence in the company’s strategic decisions and growth plans.
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