Vishay Precision CFO William Clancy to Retire on December 31
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 19 2026
0mins
Vishay Precision announced that William Clancy, its executive VP and CFO, will be retiring effective December 31 and that the company's board of directors will be conducting a search for his successor. Through his 38-year career at VPG and its predecessor company, Clancy has served in a variety of senior financial leadership roles throughout his tenure.
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Analyst Views on VPG
Wall Street analysts forecast VPG stock price to fall
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 141.700
Low
44.00
Averages
44.00
High
44.00
Current: 141.700
Low
44.00
Averages
44.00
High
44.00
About VPG
Vishay Precision Group, Inc. is a provider of precision measurement and sensing technologies, which include sensors, weighing solutions and measurement systems. The Company operates through three segments: Sensors, Weighing Solutions, and Measurement Systems. The Sensors segment comprises its precision resistor and strain gage businesses. Precision resistor products offer precision, stability, and reliability. Its resistor portfolio encompasses a variety of configurations and packages designed to meet the requirements of demanding applications. The products in the Sensors segment are primarily based on its resistive foil technology. The Weighing Solutions segment comprises its VPG Transducers, VPG Onboard Weighing, BLH Nobel, Stress-Tek and Vulcan businesses. The Measurement Systems segment includes specialized systems for steel production, materials development, and safety testing. This segment comprises its KELK, Nokra, DSI, Pacific Instruments and DTS businesses.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Vishay Precision Shares Surge 15.9% on Strong Demand
- Strong Stock Performance: Vishay Precision's shares surged 15.9% in the last trading session to close at $141.7, with trading volume significantly exceeding normal levels, indicating strong market interest in the stock.
- Demand-Driven Growth: The company's sensors business is benefiting from a surge in orders from semiconductor equipment, AI data centers, and fiber optics applications, which is expected to continue supporting its long-term growth outlook.
- Optimistic Earnings Forecast: Vishay is projected to report quarterly earnings of $0.19 per share, reflecting an 11.8% year-over-year increase, with revenues expected to reach $87.41 million, up 16.3% from the previous year, showcasing robust financial performance.
- Earnings Estimate Revisions: Over the past 30 days, Vishay's consensus EPS estimate has been revised 46.2% higher, and such positive trends in earnings revisions are typically correlated with stock price appreciation, suggesting potential for further price increases ahead.
See More
VPG to Present at Investor Conferences in June 2026
- Investor Conference Schedule: VPG will participate in the Noble Capital Markets Emerging Growth Virtual Equity Conference on June 3 and 4, 2026, with a presentation scheduled for June 3 at 11:30 AM ET, accessible via VPG's website, enhancing the company's visibility among investors.
- One-on-One Meeting Opportunities: Qualified investors can arrange virtual one-on-one meetings with VPG management by contacting Noble Capital Markets, further strengthening interactions with potential investors and fostering investment relationships.
- East Coast Conference Participation: VPG will also attend the 16th East Coast IDEAS Conference in New York on June 10, 2026, with a presentation scheduled for 3:30 PM ET, showcasing the company's leadership in precision measurement and sensing technologies.
- Information Access Channels: Investors seeking more information or to arrange meetings can contact VPG at info@vpgsensors.com, ensuring smooth communication with investors and enhancing the company's influence in the capital markets.
See More
VPG CFO William M. Clancy Announces Retirement
- Executive Retirement Announcement: VPG has announced that CFO William M. Clancy will retire on December 31, 2026, concluding his 38-year career with the company, during which he played a pivotal role in various senior financial leadership positions, particularly in establishing a strong financial foundation for the company's independence.
- Leadership Transition Impact: The Board of Directors will initiate a search for Clancy's successor, a change that could significantly influence the company's financial strategy and operational direction, especially in the current economic climate where finding the right leader is crucial.
- Company Development Review: Clancy has been a key member of the management team since VPG became an independent public company in 2010, with his contributions highly praised by the CEO and Board, emphasizing his commitment to customers, employees, and shareholders, which has laid the groundwork for the company's long-term success.
- Future Outlook: In his retirement statement, Clancy expressed confidence in the company's future, believing it is well-positioned for continued success in the years ahead, indicating that VPG maintains a positive market outlook despite the leadership transition.
See More
VPG Reports Strong Q1 2026 Earnings with Positive Outlook
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- Humanoid Robotics Market Potential: The company shipped approximately $600,000 worth of products to humanoid robot manufacturers in Q1, with expectations to double that in Q2, although the timing and scale of production remain uncertain, highlighting VPG's proactive positioning in emerging markets.
- Profitability Enhancement Plan: Management introduced an updated three-year operating model targeting 8% to 10% compounded annual organic growth, with a gross margin of 46.5%, and plans for over $20 million in cost reductions and efficiency improvements over the next three years, aimed at bolstering long-term profitability.
- Cash Flow and Liquidity Status: VPG's cash reserves stood at $82.5 million with long-term debt of $20.6 million, resulting in a net cash position of $62 million, providing ample liquidity for future M&A activities, despite a negative adjusted free cash flow of $3.7 million in Q1 due to increased working capital requirements to support higher demand.
See More
VPG Reports Q1 2026 Earnings with Strong Revenue Growth
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- Future Outlook: The company anticipates net revenues for Q2 2026 to range between $85 million and $90 million, based on constant foreign currency exchange rates from Q1 2026, demonstrating confidence in future growth and proactive market strategies.
- New Business Initiatives: VPG targets $45 million in new business initiatives for 2026, aiming to enhance market competitiveness through organizational restructuring, thereby expanding its influence within the industry.
- Market Response: VPG's presentation at the Sidoti Small-Cap Virtual Conference garnered market attention, and while maintaining a cautious stance on AI opportunities, the company continues to exhibit strong business resilience and growth potential.
See More
VPG Reports Strong Q1 2026 Results with 17.6% Revenue Growth
- Significant Revenue Growth: VPG's Q1 2026 net revenues reached $84.4 million, reflecting a 17.6% year-over-year increase, indicating strong market demand in precision measurement and sensing technologies, which is expected to enhance the company's market share in related sectors.
- Robust Order Intake: The total bookings for the first quarter amounted to $102.1 million, a sequential increase of 25.5%, marking the third-highest level in the company's history, particularly driven by a 29% growth in the Sensors segment, highlighting strong demand in semiconductor equipment and industrial markets, suggesting sustained revenue growth ahead.
- Improved Profitability: Although the net loss was $0.3 million, the adjusted earnings per share stood at $0.07, consistent with the previous year, demonstrating gradual improvement in profitability under the new operating model, with potential for higher operating leverage in the future.
- Optimistic Outlook: Management anticipates Q2 2026 revenues to range between $85 million and $90 million, based on current booking trends and backlog, indicating a positive outlook for the business environment in 2026, with strategic investments expected to further drive growth.
See More
Vishay Precision Shares Surge 15.9% on Strong Demand
- Strong Stock Performance: Vishay Precision's shares surged 15.9% in the last trading session to close at $141.7, with trading volume significantly exceeding normal levels, indicating strong market interest in the stock.
- Demand-Driven Growth: The company's sensors business is benefiting from a surge in orders from semiconductor equipment, AI data centers, and fiber optics applications, which is expected to continue supporting its long-term growth outlook.
- Optimistic Earnings Forecast: Vishay is projected to report quarterly earnings of $0.19 per share, reflecting an 11.8% year-over-year increase, with revenues expected to reach $87.41 million, up 16.3% from the previous year, showcasing robust financial performance.
- Earnings Estimate Revisions: Over the past 30 days, Vishay's consensus EPS estimate has been revised 46.2% higher, and such positive trends in earnings revisions are typically correlated with stock price appreciation, suggesting potential for further price increases ahead.
See More
VPG to Present at Investor Conferences in June 2026
- Investor Conference Schedule: VPG will participate in the Noble Capital Markets Emerging Growth Virtual Equity Conference on June 3 and 4, 2026, with a presentation scheduled for June 3 at 11:30 AM ET, accessible via VPG's website, enhancing the company's visibility among investors.
- One-on-One Meeting Opportunities: Qualified investors can arrange virtual one-on-one meetings with VPG management by contacting Noble Capital Markets, further strengthening interactions with potential investors and fostering investment relationships.
- East Coast Conference Participation: VPG will also attend the 16th East Coast IDEAS Conference in New York on June 10, 2026, with a presentation scheduled for 3:30 PM ET, showcasing the company's leadership in precision measurement and sensing technologies.
- Information Access Channels: Investors seeking more information or to arrange meetings can contact VPG at info@vpgsensors.com, ensuring smooth communication with investors and enhancing the company's influence in the capital markets.
See More
VPG CFO William M. Clancy Announces Retirement
- Executive Retirement Announcement: VPG has announced that CFO William M. Clancy will retire on December 31, 2026, concluding his 38-year career with the company, during which he played a pivotal role in various senior financial leadership positions, particularly in establishing a strong financial foundation for the company's independence.
- Leadership Transition Impact: The Board of Directors will initiate a search for Clancy's successor, a change that could significantly influence the company's financial strategy and operational direction, especially in the current economic climate where finding the right leader is crucial.
- Company Development Review: Clancy has been a key member of the management team since VPG became an independent public company in 2010, with his contributions highly praised by the CEO and Board, emphasizing his commitment to customers, employees, and shareholders, which has laid the groundwork for the company's long-term success.
- Future Outlook: In his retirement statement, Clancy expressed confidence in the company's future, believing it is well-positioned for continued success in the years ahead, indicating that VPG maintains a positive market outlook despite the leadership transition.
See More
VPG Reports Strong Q1 2026 Earnings with Positive Outlook
- Strong Revenue Growth: VPG reported Q1 2026 revenue of $84.4 million with total orders reaching $102.1 million, resulting in a book-to-bill ratio of 1.21, the strongest since 2022, indicating robust demand particularly in the Sensors segment and positioning the company for continued growth.
- Humanoid Robotics Market Potential: The company shipped approximately $600,000 worth of products to humanoid robot manufacturers in Q1, with expectations to double that in Q2, although the timing and scale of production remain uncertain, highlighting VPG's proactive positioning in emerging markets.
- Profitability Enhancement Plan: Management introduced an updated three-year operating model targeting 8% to 10% compounded annual organic growth, with a gross margin of 46.5%, and plans for over $20 million in cost reductions and efficiency improvements over the next three years, aimed at bolstering long-term profitability.
- Cash Flow and Liquidity Status: VPG's cash reserves stood at $82.5 million with long-term debt of $20.6 million, resulting in a net cash position of $62 million, providing ample liquidity for future M&A activities, despite a negative adjusted free cash flow of $3.7 million in Q1 due to increased working capital requirements to support higher demand.
See More
VPG Reports Q1 2026 Earnings with Strong Revenue Growth
- Earnings Highlights: VPG reported a non-GAAP EPS of $0.07 for Q1 2026, with revenues of $84.4 million reflecting a 17.7% year-over-year increase, surpassing market expectations by $7.32 million, indicating strong performance and growth potential in the market.
- Future Outlook: The company anticipates net revenues for Q2 2026 to range between $85 million and $90 million, based on constant foreign currency exchange rates from Q1 2026, demonstrating confidence in future growth and proactive market strategies.
- New Business Initiatives: VPG targets $45 million in new business initiatives for 2026, aiming to enhance market competitiveness through organizational restructuring, thereby expanding its influence within the industry.
- Market Response: VPG's presentation at the Sidoti Small-Cap Virtual Conference garnered market attention, and while maintaining a cautious stance on AI opportunities, the company continues to exhibit strong business resilience and growth potential.
See More
VPG Reports Strong Q1 2026 Results with 17.6% Revenue Growth
- Significant Revenue Growth: VPG's Q1 2026 net revenues reached $84.4 million, reflecting a 17.6% year-over-year increase, indicating strong market demand in precision measurement and sensing technologies, which is expected to enhance the company's market share in related sectors.
- Robust Order Intake: The total bookings for the first quarter amounted to $102.1 million, a sequential increase of 25.5%, marking the third-highest level in the company's history, particularly driven by a 29% growth in the Sensors segment, highlighting strong demand in semiconductor equipment and industrial markets, suggesting sustained revenue growth ahead.
- Improved Profitability: Although the net loss was $0.3 million, the adjusted earnings per share stood at $0.07, consistent with the previous year, demonstrating gradual improvement in profitability under the new operating model, with potential for higher operating leverage in the future.
- Optimistic Outlook: Management anticipates Q2 2026 revenues to range between $85 million and $90 million, based on current booking trends and backlog, indicating a positive outlook for the business environment in 2026, with strategic investments expected to further drive growth.
See More
