Heico Corporation
HEICO Mourns Passing of Executive Chairman Laurans Mendelson
Summary
HEICO Corporation announced the passing of its Executive Chairman Laurans A. Mendelson on September 27, 2025, at the age of 87. As per the company's succession plans, Eric A. Mendelson and Victor H. Mendelson have been appointed as Co-Chairmen of the Board of Directors and continue as Co-Chief Executive Officers. The company does not anticipate any changes to its business or operations due to this transition. A press release detailing the event is furnished as Exhibit 99.1.
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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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