Felix Zandman, founder of Malvern's Vishay Intertechnology Inc. has died.
A statement released by the company did not list the cause of death for Mr. Zandman, who'd been executive chairman of the maker of semiconductors and electronic components, He was 83.
A survivor of the Holocaust, Mr. Zandman earned degrees in mechanical engineering and physics in Europe before emigrating to the United States and working for a Philadelphia company. He started Vishay in 1962 and would take it from start-up to global competitor to market leader in several component categories.
In 2010, Vishay reported net revenues of $2.73 billion.
The company said that his son, Marc, has been elected vice chairman as well as its chief business development officer. Gerald Paul remains president and chief executive officer of Vishay.