Littelfuse CEO David Heinzmann's 2020 pay rises 4% to $4.1M
Littelfuse reports 2020 executive compensation
By ExecPay News
Published: March 12, 2021
Littelfuse reported fiscal year 2020 executive compensation information on March 12, 2021.
In 2020, five Littelfuse executives received on average a compensation package of $2.2M, a 15% increase compared to previous year.
Average pay of disclosed executives at Littelfuse
David W. Heinzmann, Chief Executive Officer, received $4.1M in total, which increased by 4% compared to 2019. 38% of Heinzmann's compensation, or $1.5M, was in stock awards. Heinzmann also received $259K in bonus, $1.3M in option awards, $845K in salary, as well as $77K in other compensation.
For fiscal year 2020, the median employee pay was $14,993 at Littelfuse. Therefore, the ratio of David W. Heinzmann's pay to the median employee pay was 271 to one.
Meenal A. Sethna, Chief Financial Officer, received a compensation package of $2.3M, which increased by 37% compared to previous year. 47% of the compensation package, or $1.1M, was in option awards.
Deepak Nayar, Senior Vice President and General Manager Electronics Business, earned $1.8M in 2020, a 68% increase compared to previous year.
Ryan K. Stafford, Secretary, received $1.8M in 2020, which increases by 4% compared to 2019.
Matthew J. Cole, Senior Vice President, eMobility and Corporate Strategy, earned $1M in 2020.
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
Matthew Cole
Littelfuse
Senior Vice President, eMobility and Corporate Strategy
Deepak Nayar
Littelfuse
Senior Vice President and General Manager, Electronics Business
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Source: SEC filing on March 12, 2021.