VSH - Vishay Intertechnology Appoints David McConnell Chief Financial Officer | Benzinga
MALVERN, Pa., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE:VSH) today announced that its Board of Directors has appointed David McConnell, Senior Vice President -Corporate Treasurer and Risk Management, to the role of Executive Vice President - Chief Financial Officer, replacing Lori Lipcaman who is resigning from that position. In addition, David Tomlinson, Senior Vice President - Corporate Controller, has been promoted by the Board to the newly created role of Senior Vice President - Chief Accounting Officer reporting to Mr. McConnell. The new positions of Mr. McConnell and Mr. Tomlinson will take effect on March 1, 2024.
"The appointment of Dave McConnell as CFO and promotion of Dave Tomlinson to the newly created role of CAO strengthens Vishay's leadership team as we create a new Vishay that is business minded and puts the customer first in everything we do," said President and CEO Joel Smejkal.
"Dave McConnell is a seasoned, dynamic and trusted leader within our finance organization. He possesses the necessary business understanding of Vishay's global operations to collaborate effectively with business unit heads and functional leaders in developing Vishay's multi-year strategic and operational plans to take full advantage of the mega trends in connectivity, e-mobility and sustainability. Dave Tomlinson's proven accounting management and financial reporting capabilities and extensive experience with Vishay's global operations have been and will be instrumental to our efforts to enhance our financial analytics and decision-making tools to support Vishay's re-orientation from a cash flow managed business to P&L driven company," added Mr. Smejkal. "Both Dave McConnell and Dave Tomlinson have embraced the ...