SDI Founder Ashkenazi Dies
SDI Technologies founder Saul Ashkenazi, an industry pioneer and noted philanthropist, has died, the company announced Tuesday.
Ashkenazi founded the company, originally known as Realtone Electronics, in 1956 and remained its chief executive for the following 30 years. In 1986 he stepped down as CEO and became chairman of the executive committee, a post he held until 2010.
"Under Mr. Ashkenazi's leadership and innovative approach to business, the company designed and created several new product categories, including one of the world's first pocket transistor radios, the world's first audio rack system, and the world's first combination telephone/clock radio," the company said in a statement.