Joel Smejkal is the current President and CEO of Vishay Intertechnology, Inc. He stepped into this role on January 1, 2023, following the retirement of Dr. Gerald Paul. With a rich history at Vishay since 1990, Joel has climbed the...

Joel Smejkal is the current President and CEO of Vishay Intertechnology, Inc. He stepped into this role on January 1, 2023, following the retirement of Dr. Gerald Paul. With a rich history at Vishay since 1990, Joel has climbed the ranks through various leadership positions. Before becoming CEO, he served as Executive Vice President of Corporate Business Development and led the Passive Components division. Notably, he holds 18 U.S. Patents related to the Power Metal Strip® resistor technology, showcasing his deep involvement in innovation within the electronics industry. Joel has an MBA and has contributed to Vishay’s global operations in engineering, marketing, sales, and more. Under his leadership philosophy, Vishay emphasizes aligning executive pay with long-term shareholder interests, indicating a forward-thinking approach. In 2023, his total compensation reached approximately $4.77 million, highlighting the company's commitment to rewarding performance. Joel’s journey reflects a dedication to growth and development within the tech industry, making him a significant figure in Vishay's ongoing evolution.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Vishay Intertechnology CEOs

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Joel Smejkal

CEO of Vishay Intertechnology

Education

MBA

Field of Expertise

Business & Management

Sector of Economy

Technology

Born

September 15, 1967 - 57 years ago

CEO of Vishay Intertechnology for

2 years 3 months (Jan 2023 - Present)

Previous Experience

Executive Vice President - Business Head Passive Components at Vishay

Rivals

Competitors/colleagues of Joel Smejkal

P

Dr. Steven Sharp

CEO of Power Integrations

2023 Compensation

Stock

$7.81M

Salary

$706.25K

Bonus

$1.50K

Other

$14.07K

Total Holdings

$1.49M

N

Kurt Sievers

CEO of NXP Semiconductors

2023 Compensation

Stock

$7.50M

Salary

$1.50M

Bonus

$2.50M

Other

$500.00K

Total Holdings

$47.01M

A

Jayshree Ullal

CEO of Arista Networks

2023 Compensation

Stock

$15.05M

Salary

$300.00K

Bonus

$200.00K

Other

$10.40K

Total Holdings

$3.15B

A

Stephen D. Kelley

CEO of Advanced Energy Industries

2023 Compensation

Stock

$0.00

Salary

$1.00M

Bonus

$877.50K

Other

$0.00

Total Holdings

$12.93M

M

Steve Sanghi

CEO of Microchip Technology

2021 Compensation

Stock

$3.74M

Salary

$484.88K

Bonus

$38.13K

Other

$18.27K

Total Holdings

$548.04M

A

Sean J. Kerins

CEO of Arrow Electronics

2023 Compensation

Stock

$4.00M

Salary

$1.00M

Bonus

$0.00

Other

$14.07K

Total Holdings

$12.28M

Holdings

See how much did Joel Smejkal make over time.

Joel Smejkal holds a significant stake in Vishay Intertechnology. His holdings grew from a substantial amount when he first joined the company to notably larger during his time in leadership, particularly as he climbed the ranks. His stock options reflect...

Joel Smejkal holds a significant stake in Vishay Intertechnology. His holdings grew from a substantial amount when he first joined the company to notably larger during his time in leadership, particularly as he climbed the ranks. His stock options reflect a commitment to the company’s growth, and they were strategically granted based on performance metrics. Over the years, as he took on positions of increased responsibility, his equity stake was likely aligned with his tenure and contributions. In 2023, as part of his executive compensation package, he received 106,532 restricted stock units (RSUs), which suggests that his investment in the company continues to increase. Joel’s financial commitment to Vishay indicates confidence in its future and aligns his interests with those of the shareholders, reflecting a noteworthy strategy in executive equity compensation.

Insider Trading

See recent insider trades of Joel Smejkal.

No insider trades found for this CEO.

Compensation History

See how much did Joel Smejkal make over time.

In 2023, Joel Smejkal's total compensation at Vishay Intertechnology reached $4,773,050. His salary was set at $900,000, alongside an impressive annual bonus of $1,321,198 that awards performance-based metrics. Notably, he did not have any stock vesting this year, as Vishay's focus is more on future achievements through performance-based restricted stock units (RSUs). A total of 106,532 RSUs were granted to him this year—half of which are tied to future performance. This compensation structure shows that Vishay is aligning Joel’s interests with the long-term success of the company, as his earnings are directly tied to its performance metrics. This approach promotes growth and motivational incentives for its key executives, ensuring they are in tune with shareholder interests in achieving profitability and innovation over time.

Year

2023

Total Compensation

$2.25M

Salary

$900.00K

Board Justification

Vishay's compensation programs are designed to support business goals and promote profitable growth, aligning executive compensation with long-term interests of stockholders.

Bonus

$1.32M

Board Justification

Annual cash bonus based on performance metrics including EBITDA margin, transformation scorecard, and individual scorecard, with a maximum of 2x base salary.

Other

$33.61K

Board Justification

Includes company match to 401(k) plan and imputed income for group term life insurance.

Restricted Stock

$0.00(0 RSUs)

Board Justification

No stock vested in 2023 as the focus is on future performance-based RSUs and PBRSUs.

Performance Metrics

Compensation based on adjusted net earnings, EBITDA margin, and individual performance metrics.

Other Vishay Intertechnology CEOs

Here are other CEOs of Vishay Intertechnology

Dr. Gerald Paul

Ex-CEO of Vishay Intertechnology

January 2012 - December 2022