Littelfuse reports 2018 executive compensation

CEO David W. Heinzmann receives $4.9M

Littelfuse reported fiscal year 2018 executive compensation information on March 15, 2019.

In 2018, five Littelfuse executives received on average a compensation package of $2,368,513, a 14% decrease compared to previous year.

Average pay of disclosed executives at Littelfuse

David W. Heinzmann, Chief Executive Officer, received $4,876,689 in total, which increased by 2% compared to 2017. 33.76% of Heinzmann's compensation, or $1,646,322, was in non-equity incentive plan. Heinzmann also received $1,042,127 in option awards, $763,000 in salary, $1,279,067 in stock awards, as well as $146,174 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 $2,136,217, which increased by 14% compared to previous year. 30.86% of the compensation package, or $659,260, was in non-equity incentive plan.

Meenal A. Sethna, Chief Financial Officer, earned $2,003,521 in 2018, a 16% increase compared to previous year.

Michael P. Rutz, Chief Technology Officer, received $1,481,734 in 2018, which increases by 14% compared to 2017.

Deepak Nayar, Senior Vice President and General Manager Electronics and Industrial Business, earned $1,344,402 in 2018.

Littelfuse's fiscal year ends on December 29.