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HEICO Corporation (HEI)

NYSE - NYSE Delayed Price. Currency in USD
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191.00-3.43 (-1.76%)
At close: 04:00PM EDT
186.15 -4.85 (-2.54%)
After hours: 06:10PM EDT

HEICO Corporation

3000 Taft Street
Hollywood, FL 33021
United States
954 987 4000
https://www.heico.com

Sector(s)Industrials
IndustryAerospace & Defense
Full-time employees9,600

Key executives

NameTitlePayExercisedYear born
Mr. Laurans A. MendelsonChairman of the Board & CEO9.5MN/A1938
Mr. Eric A. MendelsonCo-President & Director5.43M13.64M1965
Mr. Victor H. MendelsonCo-President & Director5.43M13.64M1967
Mr. Carlos L. Macau Jr.Executive VP, CFO & Treasurer3.66M7.17M1967
Mr. Steven M. WalkerChief Accounting Officer & Assistant Treasurer818.17k1.3M1964
Mr. Joseph W. PallotGeneral Counsel104.05kN/A1960
Mr. Thomas S. IrwinSenior Executive Vice President1.58MN/A1946
Elizabeth R. LetendreCorporate SecretaryN/AN/AN/A
Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

HEICO Corporation, through its subsidiaries, designs, manufactures, and sells aerospace, defense, and electronic related products and services in the United States and internationally. Its Flight Support Group segment provides jet engine and aircraft component replacement parts; thermal insulation blankets and parts; renewable/reusable insulation systems; and specialty components. This segment also distributes hydraulic, pneumatic, structural, interconnect, mechanical, and electro-mechanical components for the commercial, regional, and general aviation markets; and offers repair and overhaul services for jet engine and aircraft component parts, avionics, instruments, composites, and flight surfaces of commercial aircraft, as well as for avionics and navigation systems, and other instruments utilized on military aircraft. The company's Electronic Technologies Group segment provides electro-optical infrared simulation and test equipment; electro-optical laser products; electro-optical, microwave, and other power equipment; electromagnetic and radio frequency (RF) interference shielding and suppression filters; power conversion and interface; interconnection devices; and underwater locator beacons and emergency locator transmission beacons. This segment also offers traveling wave tube amplifiers and microwave power modules; memory products and specialty semiconductors; harsh environment connectivity products and custom molded cable assemblies; RF and microwave products; communications and electronic intercept receivers and tuners; self-sealing auxiliary fuel systems; active antenna systems and airborne antennas; nuclear radiation detectors; silicone products; power amplifiers; ceramic-to-metal feedthroughs and connectors; technical surveillance countermeasures equipment; RF receivers and sources; embedded computing solutions; test sockets and adapters; and radiation assurance services. The company was incorporated in 1957 and is headquartered in Hollywood, Florida.

Corporate governance

HEICO Corporation’s ISS governance QualityScore as of 1 March 2024 is 10. The pillar scores are Audit: 4; Board: 9; Shareholder rights: 5; Compensation: 10.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.