Littelfuse CEO David Heinzmann's 2018 pay rises 2% to $4.9M
Littelfuse reports 2018 executive compensation
By ExecPay News
Published: March 15, 2019
Littelfuse reported fiscal year 2018 executive compensation information on March 15, 2019.
In 2018, five Littelfuse executives received on average a compensation package of $2.4M, a 14% decrease compared to previous year.
Average pay of disclosed executives at Littelfuse
David W. Heinzmann, Chief Executive Officer, received $4.9M in total, which increased by 2% compared to 2017. 34% of Heinzmann's compensation, or $1.6M, was in non-equity incentive plan. Heinzmann also received $1M in option awards, $763K in salary, $1.3M in stock awards, as well as $146K in other compensation.
For fiscal year 2018, the median employee pay was $15,256 at Littelfuse. Therefore, the ratio of David W. Heinzmann's pay to the median employee pay was 320 to one.
Ryan K. Stafford, Secretary, received a compensation package of $2.1M, which increased by 14% compared to previous year. 31% of the compensation package, or $659K, was in non-equity incentive plan.
Meenal A. Sethna, Chief Financial Officer, earned $2M in 2018, a 16% increase compared to previous year.
Michael P. Rutz, Senior Vice President and General Manager Semiconductor Products, received $1.5M in 2018, which increases by 14% compared to 2017.
Deepak Nayar, Senior Vice President and General Manager Electronics and Industrial Business, earned $1.3M in 2018.
Littelfuse's fiscal year ends on January 1.
Related executives
David Heinzmann
Littelfuse
Chief Executive Officer
Meenal Sethna
Littelfuse
Chief Financial Officer
Ryan Stafford
Littelfuse
Chief Legal Officer
Michael Rutz
Littelfuse
Senior Vice President and General Manager Semiconductor Products
Deepak Nayar
Littelfuse
Senior Vice President and General Manager, Electronics Business
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Source: SEC filing on March 15, 2019.