This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Vishay Precision Group Mourns The Loss Of Dr. Felix Zandman

Stocks in this article: VPG VSH

Vishay Precision Group, Inc. (“VPG”) (NYSE: VPG) announced today, with great sadness, the passing of Dr. Felix Zandman, the inventor and founder of the foil technology upon which the VPG business is based. Dr. Zandman, who was 83 years old, was also the founder and Executive Chairman of the Board of Vishay Intertechnology, Inc. (“Vishay”) (NYSE:VSH). VPG was successfully spun of from Vishay in 2010 and Dr. Zandman served as an R&D consultant to VPG after the spinoff.

Mr. Marc Zandman, the son of Dr. Zandman, is the non-executive Chairman of the Board of VPG. Vishay announced today that its Board has elected Marc Zandman as its Executive Chairman of the Board. Mr. Ziv Shoshani, VPG’s President and Chief Executive Officer, is the nephew of Dr. Zandman and also serves on the Board of Vishay. Mr. Steven Klausner, VPG Vice President and Treasurer, is Dr. Zandman’s son-in law.

Marc Zandman said, “On behalf of VPG and the entire Zandman and Shoshani families, I am deeply proud of the many contributions my father made to Vishay, VPG, our industry and Israel, as well as the legacy he leaves behind. My father’s high standards and values are embedded in VPG’s culture and impact all that we do at VPG, across the globe, every day. We fully intend to continue his ideals in both business and personal matters.”

Ziv Shoshani said, “Dr. Zandman will never be forgotten as his legacy will live on, around the world through the many people he touched, including all VPG’s employees. VPG will continue to implement the vision, strategy and culture articulated by Dr. Zandman.”

Dr. Zandman was born in 1928 in the Polish city of Grodno. In October 1941, he and his family were arrested by the Nazis and sent to the Grodno ghetto. In 1943, Dr. Zandman survived the Holocaust by hiding with his uncle and other people under the floor boards in the house of a Polish family for 17 months. While hiding, Dr. Zandman’s uncle taught him trigonometry and higher mathematics. Following the war, in 1946, Dr. Zandman emigrated to France, where he earned a mechanical engineering degree, an MS in physics from the University of Nancy (France), and a PhD in physics from the University of Paris, Sorbonne.

1 of 3

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs