MARSHALL D. BUTLER

BUTLER--Marshall D. We deeply mourn the passing of Marshall D. Butler, an enlightened businessman and a citizen of the world in a true sense of the word. He combined the talent of a financial genius with the humility of one's best friend who cared more about others than himself. He was as much at home in Kyoto or Tokyo as he was in Tel Aviv or Jerusalem, or in uptown Manhattan or Quogue, Long Island. Marshall received his degree in Business Administration from NYU and grew up on West 155th Street in Manhattan. He founded Alloys Unlimited with his friends Hamburg Tang and Greg Coleman, and the company went public and was a very successful semiconductor piece parts manufacturer. Plessey Ltd., a major English electronics corporation, bought Alloys Unlimited some years later. Marshall was asked by investors to join Aerovox Corporation of Myrtle Beach, NC, later called AVX. He quickly became its Chairman and CEO and that company some years later was acquired by Kyocera of Kyoto, Japan in a transaction for shares, never done before by a Japanese company. Kyocera became listed on the NYSE. Marshall remained an important Director of Kyocera. AVX was later partially spun off from Kyocera but Marshall remained close to the founder of Kyocera, Dr. Kazuo Inamori. The Jewish technology businessman and the founder of Kyocera, now KDDI, became immersed in helping others. In Marshall's case, the State of Israel and its great non-profit the Technion Institute. Dr. Inamori founded the Inamori Foundation and created the Kyoto Prize. Marshall served as a Director of Kyocera Venture Capital. Back in America, Marshall also served as a Director of Mass Mutual Corporate Investors and Mass Mutual Participation Investors. As his interest in Israel became more pronounced, Marshall received the Israeli Prime Ministers award for his contribution to Israeli industry and he received an Honoree Doctorate from the Technion Institute. In Israel, Marshall was Chairman of Infinity Private Equity Fund. He was a Director of Tadiran Telecommunications Ltd., Shellcase, Galil Medical Ltd. and in New York he was a member of the NY State Council of Humanities, and A.R.T New York, which manages a host of off Broadway theaters Back in Israel, he became a Director of Syneron Medical Ltd., which later went public in the U.S. One rarely meets a man as devoted to quality in his business activities and generosity, as well, in all he did. He was blessed with a devoted family, his wife Marilyn, his sons, Michael, Elliot, Larry, his daughter, Hillary, and their families, as was well as his friends who will find the future with a little less quality, but also joyously filled with wonderful memories and important examples of how one should live their lives. The Towbin Family