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Industrials & Aerospace

Littelfuse Executive Compensation (FY25)

LFUS · Rosemont, IL · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
Gregory Henderson
Median of the other named officers
$3,530,048
7 officers, excluding the chief executive
Latest say-on-pay support
=
April 22, 2026
Chief executive pay ratio
◇
To the median employee
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16 filings cited on this page
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323 figures on this page: 314 cited to the filing that reported them, 9 calculated from figures it prints. See the citations
What changed from fiscal 2024 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 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
David Heinzmann
President and Chief Executive Officer
◇—◇◇◇—◇◇
Ryan Stafford
Executive Vice President, Mergers & Acquisitions, Chief Legal Officer and Corporate Secretary
◇—◇◇◇—◇◇
Meenal Sethna
Executive Vice President and Chief Financial Officer
◇◇◇◇◇—◇◇
Deepak Nayar
Senior Vice President and General Manager, Electronics Business
◇◇◇◇◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
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 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
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
◇—◇◇◇—◇◇
Chad Marak
Senior Vice President and General Manager, Semiconductor Products
◇—◇◇◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
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
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Abhishek KhandelwalRSU◇——◇——◇
Abhishek KhandelwalRSU◇——◇——◇
Chad MarakRSU◇——◇——◇
Chad MarakRSU◇——◇——◇
Chad MarakRSU◇——◇——◇
Deepak NayarRSU◇——◇——◇
Deepak NayarRSU◇——◇——◇
Gregory N. HendersonRSU◇——◇——◇
Gregory N. HendersonRSU◇——◇——◇
Gregory N. HendersonRSU◇——◇——◇
Meenal A. SethnaRSU◇——◇——◇
Peter KimRSU◇——◇——◇
Peter KimRSU◇——◇——◇
Peter KimRSU◇——◇——◇
Ryan K. StaffordRSU◇——◇——◇
Ryan K. StaffordRSU◇——◇——◇
Ryan K. StaffordRSU◇——◇——◇
Fiscal 2023, 2024 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
Gregory HendersonRSU◇◇——
RSU◇◇——
Option◇—◇4/25/2031
RSU◇◇——
Option◇—◇5/15/2030
RSU◇◇——
Abhishek KhandelwalRSU◇◇——
Ryan StaffordRSU◇◇——
Option◇—◇4/25/2031
Option◇—◇4/27/2030
RSU◇◇——
RSU◇◇——
RSU◇◇——
Deepak NayarRSU◇◇——
Option◇—◇4/25/2031
Option◇—◇4/27/2030
RSU◇◇——
RSU◇◇——
Peter KimRSU◇◇——
RSU◇◇——
Option◇—◇4/25/2031
Option◇—◇4/27/2030
RSU◇◇——
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 · Terms as described in the company’s compensation discussion · dated January 7, 2026
Severance multiple◇
Severance cash amount◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Abhishek Khandelwal
Executive Vice President and Chief Financial Officer · Terms as described in the company’s compensation discussion
Severance multiple◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Chad Marak
Former Senior Vice President and General Manager, Semiconductor Products · Terms as described in the company’s compensation discussion
Severance multiple◇
Severance cash amount◇
Benefits continuation◇
Deepak Nayar
Senior Vice President and General Manager, Electronics Business · Employment agreement
Change-in-control trigger◇
Equity acceleration on change in control◇
Non-compete period◇
Non-solicit period◇
Gregory Henderson
President and Chief Executive Officer · Terms as described in the company’s compensation discussion
Severance multiple◇
Severance cash amount◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Meenal Sethna
Former Executive Vice President and Chief Financial Officer · Terms as described in the company’s compensation discussion
Severance multiple◇
Severance cash amount◇
Peter Kim
Senior Vice President and General Manager, Industrial Business · Terms as described in the company’s compensation discussion
Severance multiple◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
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
◇—————◇
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.
YearMeetingSupportVotes forVotes againstAbstentions
2025April 22, 2026=◇◇◇
2024April 24, 2025=◇◇◇
2023April 25, 2024=◇◇◇
2022April 27, 2023=◇◇◇
2021April 28, 2022=◇◇◇
2020April 22, 2021=◇◇◇
2019April 23, 2020=◇◇◇
2018April 26, 2019=◇◇◇
2017April 27, 2018=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇

Ask our research desk — $99, 24h, every figure cited to its filing.

Sample answer — “What is the CEO’s total compensation?”
- Gregory Henderson (President and Chief Executive Officer), FY2025 total compensation $19,595,398 (base salary $895,833) [exec_comp, SEC accession 0001140361-26-009256, filed 2026-03-12]

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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.
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Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
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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.
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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.
323 figures on this page: 314 cited to the filing that reported them, 9 calculated from figures it prints.
314 cited to the filing
9 calculated from the filing

Documents cited

  1. 0000889331-26-000005
    Proposal 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.
  2. 0001140361-26-009256
    CEO PAY RATIO · Director Compensation · Grants of Plan-Based Awards · Grants of Plan-Based Awards in 2025 · and 2 more sections
  3. 0001140361-26-000720
    EX-10.1
  4. 0000889331-25-000082
    Proposal 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.
  5. 0001140361-25-008764
    Summary Compensation Table
  6. 0000889331-24-000064
  7. 0001140361-24-013241
    2023 Summary Compensation Table
  8. 0000889331-23-000039
  9. 0001140361-23-012048
    Summary Compensation Table
  10. 0000889331-22-000015
  11. 0000889331-21-000026
  12. 0000889331-20-000027
  13. 0000889331-19-000023
  14. 0001437749-18-008145
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Littelfuse executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/LFUS (accessed 2026).
Short form: data: Velarion

The Littelfuse brief, $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 $500 for the board report; $900 for both.
16 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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Industrials & Aerospace rankings

Peers Littelfuse discloses

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

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}
}