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Heico Executive Compensation (FY25)

HEI · Hollywood, FL · Executive and director compensation, fiscal 2023 to 2025

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Data as of September 20, 2026Latest filing (8-K): March 17, 2026
11 filings cited on this page
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175 figures on this page: 166 cited to the filing that reported them, 9 calculated from figures it prints. See the citations
Chief executive, fiscal 2025
◇
Eric A. Mendelson
Median of the other named officers
$4,888,769
6 officers, excluding the chief executive
Latest say-on-pay support
=
March 13, 2026
Chief executive pay ratio
◇
To the median employee
What changed from fiscal 2023 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive of record: Victor Mendelson → Eric A. Mendelson
Say-on-pay support: 94.8% → 90.9% (3.9 points lower)
CEO pay ratio: 180:1 → 211:1 (17.2% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Heico's chief executive and what were they paid?
Eric A. Mendelson was paid $13,029,835 in total compensation as Co-Chairman of the Board; Co-Chief Executive Officer for fiscal 2025.
What was Heico's say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 90.9% of votes cast for or against in favor at the meeting held March 13, 2026.
Which companies are in Heico's peer group?
The disclosed peer group includes AMETEK, Inc., CAE, Inc., Crane Company, Curtiss-Wright Corp. and Dover Corp., among others.
What is Heico's chief executive pay ratio?
The company reported a chief executive pay ratio of 211:1 for fiscal 2025, against median employee compensation of $61,694.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Victor Mendelson
Co-President, HEICO Corporation; President and Chief Executive Officer of the HEICO Electronic Technologies Group
◇—◇—◇—◇◇
Carlos Macau
Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Steven Walker
Chief Accounting Officer
◇◇—◇——◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Eric A. Mendelson
Co-Chairman of the Board; Co-Chief Executive Officer
◇——◇◇—◇◇
Victor Mendelson
Co-Chairman of the Board; Co-Chief Executive Officer
◇——◇◇—◇◇
Laurans Mendelson
Executive Chairman
◇———◇—◇◇
Carlos Macau
Executive Vice President and Chief Financial Officer
◇——◇◇—◇◇
Bradley Rowen
Chief Accounting Officer
◇◇—◇——◇◇
Thomas Irwin
Senior Executive Vice President
◇—————◇◇
Steven Walker
Chief Accounting Officer
◇—————◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Bradley K. RowenOPTION◇——◇—◇◇
Carlos L. Macau JrOPTION◇——◇—◇◇
Carlos L. Macau JrOPTION◇——◇—◇◇
Eric A. MendelsonOPTION◇——◇—◇◇
Eric A. MendelsonOPTION◇——◇—◇◇
Victor H. MendelsonOPTION◇——◇—◇◇
Victor H. MendelsonOPTION◇——◇—◇◇
Fiscal 2023 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Steven WalkerOption◇—◇6/9/2033
Option◇—◇12/17/2031
Bradley RowenOption◇—◇3/14/2035
Option◇—◇6/9/2033
Option◇—◇12/17/2031
Carlos MacauOption◇—◇9/11/2035
Option◇—◇3/14/2035
Option◇—◇6/9/2033
Option◇—◇3/17/2033
Option◇—◇9/24/2031
Eric A. MendelsonOption◇—◇9/11/2035
Option◇—◇3/17/2033
Option◇—◇9/24/2031
Option◇—◇3/14/2035
Option◇—◇6/9/2033
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Bradley Rowen
Chief Accounting Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance cash amount◇
Equity acceleration on change in control◇
Laurans Mendelson
Executive Chair · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance cash amount◇
Equity acceleration on change in control◇
Steven Walker
Chief Accounting Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance cash amount◇
Equity acceleration on change in control◇
Thomas Irwin
Senior Executive Vice President · Terms as described in the company’s compensation discussion · citing a 2026 filing
Equity acceleration on change in control◇
Victor Mendelson
Chief Executive Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance cash amount◇
Equity acceleration on change in control◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Mark H. Hildebrandt
◇—————◇
Dr. Alan Schriesheim
◇—————◇
Adolfo Henriques
◇—————◇
Carol F. Fine
◇—————◇
Thomas M. Culligan
◇—————◇
Julie Neitzel
◇—————◇
Frank J. Schwitter
◇—————◇
Victor H. Mendelson, Nanda Kumar Cheruvatath and Eric A. Mendelson served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Board chair premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇
Equity is delivered as Common Stock.
Stock ownership guideline: The Compensation Committee also continues to apply the share ownership guidelines, as updated last year, as described on page 30.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • AMETEK, Inc. AME
  • CAE, Inc. CAE
  • Crane Company CR
  • Curtiss-Wright Corp. CW
  • Dover Corp. DOV
  • Hexcel Corp. HXL
  • Howmet Aerospace, Inc. HWM
  • Moog, Inc. MOG-A
  • RBC Bearings RBC
  • Teledyne Technologies, Inc. TDY
  • Textron Inc. TXT
  • TransDigm Group, Inc. TDG
  • Woodward, Inc. WWD

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025March 13, 2026=◇◇◇
2024March 14, 2025=◇◇◇
2023March 15, 2024=◇◇◇
2022March 17, 2023=◇◇◇
2021March 18, 2022=◇◇◇
2020March 19, 2021=◇◇◇
2019March 20, 2020=◇◇◇
2018March 15, 2019=◇◇◇
2016March 17, 2017=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact Heico disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Heico sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
175 figures on this page: 166 cited to the filing that reported them, 9 calculated from figures it prints.
166 cited to the filing
9 calculated from the filing

Documents cited

  1. 0000046619-26-000007
  2. 0001140361-26-003023
    CEO Pay Ratio · Compensation Discussion and Analysis · Director Compensation · Grants of Plan-Based Awards · and 2 more sections
  3. 0000046619-25-000020
  4. 0000046619-24-000017
  5. 0001140361-24-005225
    Summary Compensation Table
  6. 0000046619-23-000056
  7. 0000046619-22-000010
  8. 0000046619-21-000023
  9. 0000046619-20-000008
  10. 0000046619-19-000025
  11. 0000046619-17-000011
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This page is free to cite. Attribution we ask for:
Velarion, “Heico executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/HEI (accessed 2026).
Short form: data: Velarion

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Both reports for $2,400.
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11 filings cited on this page
Method: intel.velarion.ai/methodology
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Published by Velarion Company Intelligence
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Peers Heico discloses

The companies named in HEI's own disclosed peer group.

AMETEK, Inc.Crane CompanyCurtiss-Wright Corp.Dover Corp.Hexcel Corp.Howmet Aerospace, Inc.Moog, Inc.RBC BearingsTeledyne Technologies, Inc.Textron Inc.TransDigm Group, Inc.Woodward, Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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