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.
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