HEICO CEO Victor Mendelson's 2018 pay rises 10% to $7.8M

HEICO reports 2018 executive compensation

HEICO reported fiscal year 2018 executive compensation information on February 7, 2019.

In 2018, five HEICO executives received on average a compensation package of $5,461,080, a 15% increase compared to previous year.

Average pay of disclosed executives at HEICO

Victor H. Mendelson, Chief Executive Officer, received $7,792,481 in total, which increased by 10% compared to 2017. 48.13% of Mendelson's compensation, or $3,750,580, was in option awards. Mendelson also received $1,926,621 in non-equity incentive plan, $956,164 in salary, as well as $1,159,116 in other compensation.

Eric A. Mendelson, Chief Executive Officer, received a compensation package of $7,791,262, which increased by 10% compared to previous year. 48.14% of the compensation package, or $3,750,580, was in option awards.

Laurans A. Mendelson, Chief Executive Officer, earned $6,753,991 in 2018, a 28% increase compared to previous year.

Carlos L. Macau, Jr, Chief Financial Officer, received $4,145,517 in 2018, which increases by 17% compared to 2017.

Steven M. Walker, Chief Accounting Officer, earned $822,147 in 2018, a 12% increase compared to previous year.

HEICO's fiscal year ends on October 31.