Littelfuse Executive Compensation (FY25)
LFUS · Rosemont, IL · Executive and director compensation, fiscal 2023 to 2025
The Littelfuse brief, $1,500
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
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Data as of September 16, 2026Latest filing (8-K): April 28, 2026
12 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
$1,500Get the executive brief
242 figures on this page: 233 cited to the filing that reported them, 9 calculated from figures it prints. See the citations
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: David Heinzmann → Gregory Henderson
CEO pay ratio: 494:1 → 1,125:1 (127.7% higher)
Frequently asked questions
Answers drawn from the data on this page.
Who is Littelfuse's chief executive and what were they paid?
Gregory Henderson was paid $19,595,398 in total compensation as President and Chief Executive Officer for fiscal 2025.
What was Littelfuse's say-on-pay result?
The say-on-pay proposal drew 92.3% of votes cast for or against in favor at the meeting held April 22, 2026 for fiscal 2025.
Which companies are in Littelfuse's peer group?
Companies named in the disclosed peer group include Advanced Energy Industries, Inc., Ametek, Inc., Belden, Inc., Cirrus Logic, Inc. and Coherent Corp, among others.
What is Littelfuse's chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 1,125:1, against median employee compensation of $17,578.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
David Heinzmann President and Chief Executive Officer | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Meenal Sethna Executive Vice President and Chief Financial Officer | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Ryan Stafford Executive Vice President, Mergers & Acquisitions, Chief Legal Officer and Corporate Secretary | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Deepak Nayar Senior Vice President and General Manager, Electronics Business | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Maggie Chu Senior Vice President and Chief Human Resources Officer | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Gregory Henderson President and Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Abhishek Khandelwal Executive Vice President and Chief Financial Officer | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
Meenal Sethna Former Executive Vice President and Chief Financial Officer Departed during or after this year | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
Ryan Stafford Executive Vice President, Chief Legal Officer and Corporate Secretary | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
Chad Marak Former Senior Vice President and General Manager, Semiconductor Products Departed during or after this year | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Deepak Nayar Senior Vice President and General Manager, Electronics Business | ◇ | — | ◇ | — | ◇ | — | ◇ | — not reconciled |
Peter Kim Senior Vice President and General Manager, Industrial Business | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
David Heinzmann Former President and Chief Executive Officer Departed during or after this year | ◇ | — | — | — | — | — | ◇ | ◇ |
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
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Abhishek Khandelwal | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Abhishek Khandelwal | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Chad Marak | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Chad Marak | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Chad Marak | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Deepak Nayar | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Deepak Nayar | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Gregory N. Henderson | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Gregory N. Henderson | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Gregory N. Henderson | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Meenal A. Sethna | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Peter Kim | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Peter Kim | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Peter Kim | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Ryan K. Stafford | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Ryan K. Stafford | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Ryan K. Stafford | RSU | ◇ | — | — | ◇ | — | — | ◇ |
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
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Gregory Henderson | Option | ◇ | — | ◇ | 5/15/2030 |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 4/25/2031 | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Deepak Nayar | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 4/25/2031 | |
| Option | ◇ | — | ◇ | 4/27/2030 | |
| Ryan Stafford | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 4/27/2030 | |
| Option | ◇ | — | ◇ | 4/25/2031 | |
| Peter Kim | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 4/25/2031 | |
| Option | ◇ | — | ◇ | 4/27/2030 | |
| Abhishek Khandelwal | RSU | ◇ | ◇ | — | — |
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.
Ryan Stafford
Executive Vice President, Chief Legal Officer and Corporate Secretary · Severance agreement · dated January 7, 2026
| Severance cash amount | ◇ |
| Benefits continuation | ◇ |
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Gordon Hunter Board chair | ◇ | ◇ | — | — | — | — | ◇ |
Kristina A. Cerniglia | ◇ | ◇ | — | — | — | — | ◇ |
William P. Noglows | ◇ | ◇ | — | — | — | — | ◇ |
Tzau-Jin Chung Lead independent director | ◇ | ◇ | — | — | — | — | ◇ |
Anthony Grillo | ◇ | ◇ | — | — | — | — | ◇ |
Maria C. Green | ◇ | ◇ | — | — | — | — | ◇ |
Gayla J. Delly | ◇ | ◇ | — | — | — | — | ◇ |
Gregory N. Henderson | ◇ | — | — | — | — | — | ◇ |
Holly B. Paeper 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 | ◇ |
| Lead independent director premium | ◇ |
| Audit committee chair | ◇ |
| Compensation committee chair | ◇ |
| Nominating and governance chair | ◇ |
Equity is delivered as restricted stock units.
Stock ownership guideline: 5x annual retainer ($475,000)
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
- Advanced Energy Industries, Inc. AEIS
- Ametek, Inc. AME
- Belden, Inc. BDC
- Cirrus Logic, Inc. CRUS
- Coherent Corp COHR
- Diodes Incorporated DIOD
- Gentex Corporation GNTX
- Gentherm, Incorporated THRM
- Hubbell Incorporated HUBB
- Knowles Corp KN
- Methode Electronics, Inc. MEI
- ON Semiconductor Corporation ON
- OSI Systems, Inc. OSIS
- Qorvo, Inc. QRVO
- Rogers Corp ROG
- Sensata Technologies Holding PLC ST
- Synaptics Inc SYNA
- TTM Technologies, Inc. TTMI
- Visteon VC
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | April 22, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | April 24, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | April 25, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | April 27, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | April 28, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | April 22, 2021 | = | ◇ | ◇ | ◇ |
| 2019 | April 23, 2020 | = | ◇ | ◇ | ◇ |
| 2018 | April 26, 2019 | = | ◇ | ◇ | ◇ |
| 2017 | April 27, 2018 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
What this page does not include
Everything above is a fact Littelfuse disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Littelfuse 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 — $1,500Written 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 — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200Realizable 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 IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Inquire about accessMultiple companies at once
Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.
Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
242 figures on this page: 233 cited to the filing that reported them, 9 calculated from figures it prints.
233 cited to the filing
9 calculated from the filing
Documents cited
- 0000889331-26-000005Proposal 2: Advisory Vote on Compensation of Named Executive Officers The stockholders approved, on an advisory, non-binding basis, the compensation of our named executive officers, by the votes set forth below.
- 0001140361-26-009256CEO PAY RATIO · Director Compensation · Grants of Plan-Based Awards · Grants of Plan-Based Awards in 2025 · and 2 more sections
- 0000889331-25-000082Proposal 2: Advisory Vote on Compensation of Named Executive Officers The stockholders approved, on an advisory, non-binding basis, the compensation of our named executive officers, by the votes set forth below.
- 0000889331-24-000064
- 0001140361-24-0132412023 Summary Compensation Table
- 0000889331-23-000039
- 0000889331-22-000015
- 0000889331-21-000026
- 0000889331-20-000027
- 0000889331-19-000023
- 0001437749-18-008145
- 0001140361-26-000720EX-10.1
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Littelfuse executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/LFUS (accessed 2026).
Short form: data: Velarion
The Littelfuse brief, $1,500
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $1,200 for the board report; $2,400 for both.
12 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Peers Littelfuse discloses
The companies named in LFUS's own disclosed peer group.
Advanced Energy Industries, Inc.Ametek, Inc.Belden, Inc.Cirrus Logic, Inc.Coherent CorpDiodes IncorporatedGentex CorporationGentherm, IncorporatedHubbell IncorporatedKnowles CorpMethode Electronics, Inc.ON Semiconductor CorporationOSI Systems, Inc.Qorvo, Inc.Rogers CorpSensata Technologies Holding PLCSynaptics IncTTM Technologies, Inc.Visteon
Terms on this page
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}
}