Was founder and chairman of Howland-based company

He started the company with five employees in one factory.
HOWLAND -- The founder of Stoneridge, a worldwide maker of vehicle wiring systems, has died.
David Max Draime, who also was chairman of the Howland-based company, died Sunday at age 73, the company said Monday. No details on the death were released.
"Mr. Draime has been an inspirational leader to the entire Stoneridge family, and we will deeply miss his guidance, enthusiasm and personal warmth," said John Corey, president and chief executive.
Jeff Draime, the founder's son and a Stoneridge director, indicated the Draime family plans to retain his Stoneridge shares, and the family will remain the largest shareholder of the company.
Draime owned 5.65 million of the company's 23.23 million outstanding shares.
Interim chairman
William M. Lasky, the lead director of Stoneridge and chairman of the board's nominating and corporate governance committee, will assume the role of interim chairman. Lasky is chairman, president and chief executive of JLG Industries, a manufacturer based in McConnellsburg, Pa.
A U.S. Navy veteran and graduate of Kent State University, Draime established the company in 1965 in Orwell to produce wiring harnesses primarily for the agricultural equipment industry. The company grew from five employees at the original factory to 6,000 employees on four continents.
Nearly all of the employees are located outside the Mahoning Valley, however. The company has its headquarters and an Alphabet Co. plant in Trumbull County.
Stoneridge has annual revenues of $672 million and designs and produces switching, sensing and electronic devices in addition to the original wire harness products. Its products are used on cars, trucks and other equipment.
Shares of Stoneridge added 11 cents Monday to close at $8.36 on the New York Stock Exchange. Shares have traded between $4.79 and $10.40 in the past 52 weeks.