Littelfuse CEO David Heinzmann's 2019 pay slips 20% to $3.9M

Littelfuse reports 2019 executive compensation

By ExecPay News

Published: March 13, 2020

Littelfuse reported fiscal year 2019 executive compensation information on March 13, 2020.
In 2019, five Littelfuse executives received on average a compensation package of $1.9M, a 19% decrease compared to previous year.
Average pay of disclosed executives at Littelfuse
David W. Heinzmann, Chief Executive Officer, received $3.9M in total, which decreased by 20% compared to 2018. 38% of Heinzmann's compensation, or $1.5M, was in stock awards. Heinzmann also received $139K in non-equity incentive plan, $1.2M in option awards, $872K in salary, as well as $186K in other compensation.
For fiscal year 2019, the median employee pay was $15,671 at Littelfuse. Therefore, the ratio of David W. Heinzmann's pay to the median employee pay was 250 to one.
Ryan K. Stafford, Secretary, received a compensation package of $1.7M, which decreased by 20% compared to previous year. 34% of the compensation package, or $588K, was in stock awards.
Meenal A. Sethna, Chief Financial Officer, earned $1.7M in 2019, a 17% decrease compared to previous year.
Michael P. Rutz, Senior Vice President and General Manager Semiconductor Products, received $1.2M in 2019, which decreases by 22% compared to 2018.
Deepak Nayar, Senior Vice President and General Manager Electronics and Industrial Business, earned $1.1M in 2019, a 19% decrease compared to previous year.
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 13, 2020.