Heico Corporation
HEICO Announces Leadership Transition with New CEO Titles
Summary
HEICO Corporation announced on April 18, 2025, that Laurans A. Mendelson, its Chairman and CEO, will transition to Executive Chairman of the Board, effective May 1, 2025. Eric A. Mendelson and Victor H. Mendelson, who have been Co-Presidents since 2009, will become the new Co-Chief Executive Officers. This transition is part of the company's long-term internal succession planning, with no changes to the compensation arrangements of the named executives.
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About Heico Corporation
Heico Corporation is a leading aerospace and electronics company that specializes in the design, manufacturing, and distribution of niche technologies used within the aviation, defense, space, medical, and telecommunications industries. As a prominent player in the aerospace sector, Heico provides high-value, cost-efficient technologies and products including jet engine and aircraft component replacement parts. The company operates through two main business segments: Flight Support and Electronic Technologies. The Flight Support segment focuses on the repair and overhaul of aircraft components, offering a vast array of FAA-approved jet engine and aircraft component exchange services. Meanwhile, the Electronic Technologies segment supplies advanced technology products that are crucial for high-integrity applications, making significant contributions to mission-critical functions across various sectors. Headquartered in Hollywood, Florida, Heico Corporation has earned a reputation for innovation and quality, underscoring its importance in ensuring the safety and efficiency of air travel and high-performance operations in related fields.
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