Succession
Many family-owned hi-fi companies have experienced generational leadership transitions over the last few years: Wilson Audio, Von Schweikert Audio, PS Audio, and VPI Industries, to name a few. In two of those cases, the founding father is still around. One of those is VPI Industries.
Harry and Sheila Weisfeld founded VPI in 1978. A succession plan? “Initially there really was none,” VPI President Mat Weisfeld, who took over for his father Harry, told me. “They’d hoped to work to the last of their days. Unfortunately, my mom’s days were cut short.”
As Mat was growing up, he had some involvement
