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Leadership shift at HEICO (NYSE: HEI) as co-CEOs become co-chairmen

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

HEICO Corporation announced that Laurans A. Mendelson, its Executive Chairman of the Board of Directors, passed away on September 27, 2025 at the age of 87. He led the company in key leadership roles for decades, including serving as Chairman and Chief Executive Officer from 1990 until earlier in 2025.

In line with long-standing succession plans previously approved by the Board of Directors, Eric A. Mendelson and Victor H. Mendelson, who currently serve as Co-Vice Chairmen and Co-Chief Executive Officers, have been appointed Co-Chairmen of the Board, effective immediately. They will continue in their roles as Co-Chief Executive Officers, and the company states that it does not anticipate any changes to its business or operations as a result of Mr. Mendelson’s passing.

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Insights

Long-time chairman passes; board leadership consolidated with existing co-CEOs under prior succession plan.

HEICO reports the death of Laurans A. Mendelson, who had been central to the company’s leadership since 1990, including a long tenure as Chairman and Chief Executive Officer. This represents a significant personal and historical change for the organization, given his decades-long influence on strategy and culture.

The board activated previously approved succession plans by appointing Eric A. Mendelson and Victor H. Mendelson, already serving as Co-Vice Chairmen and Co-Chief Executive Officers, to be Co-Chairmen of the Board as well. This consolidates board and executive leadership in the same two individuals but maintains continuity, since they were already leading day-to-day operations.

The company explicitly states that it does not anticipate any changes to its business or operations due to this event. From a governance perspective, continuity of leadership and a pre-established succession plan may help stabilize expectations, though the longer-term impact will depend on how board oversight and strategic decision-making evolve under the new structure, which future company communications may clarify.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event Reported): September 27, 2025
HEICO CORPORATION
(Exact name of registrant as specified in its charter)
Florida001-0460465-0341002
(State or Other Jurisdiction of Incorporation)(Commission File Number)(I.R.S. Employer Identification Number)
3000 Taft Street, Hollywood, Florida 33021
(Address of Principal Executive Offices) (Zip Code)
(954) 987-4000
(Registrant's telephone number, including area code)
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Stock, $.01 par value per share HEINew York Stock Exchange
Class A Common Stock, $.01 par value per share HEI.ANew York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.




Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

    HEICO Corporation (the “Company”) regrets to report that Laurans A. Mendelson, Executive Chairman of the Board of Directors, passed away on September 27, 2025, at the age of 87. Mr. Mendelson served the Company in numerous leadership roles during his tenure, including as Chairman and Chief Executive Officer from 1990 until earlier this year.

Following Mr. Mendelson’s passing, and in accordance with the Company’s long-standing succession plans previously approved by the Board of Directors, Eric A. Mendelson and Victor H. Mendelson, the Company’s Co-Vice Chairmen and Co-Chief Executive Officers, were appointed Co-Chairmen of the Board of Directors, effective immediately. They will continue to serve as the Company’s Co-Chief Executive Officers. The Company does not anticipate any changes to its business or operations as a result of Mr. Mendelson’s passing.

A copy of the Company’s press release announcing Mr. Mendelson's passing is attached as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits
ExhibitDescription
99.1
Press Release dated September 29, 2025
104Cover Page Interactive Data File (embedded within the inline XBRL document)





SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
HEICO CORPORATION
Date:September 29, 2025By:/s/ CARLOS L. MACAU, JR.
Carlos L. Macau, Jr.
Executive Vice President - Chief Financial Officer and Treasurer



FAQ

What did HEICO (HEI) disclose about Laurans A. Mendelson?

HEICO reported that Laurans A. Mendelson, its Executive Chairman of the Board of Directors, passed away on September 27, 2025 at the age of 87. He served as Chairman and Chief Executive Officer from 1990 until earlier in 2025 and held multiple leadership roles over his long tenure.

How is HEICO (HEI) changing its board leadership after Mr. Mendelson’s passing?

Following Mr. Mendelson’s passing, HEICO appointed Eric A. Mendelson and Victor H. Mendelson, previously Co-Vice Chairmen and Co-Chief Executive Officers, to serve as Co-Chairmen of the Board of Directors, effective immediately. They will continue as the company’s Co-Chief Executive Officers.

Does HEICO expect any changes to its business or operations after the leadership transition?

HEICO states that it does not anticipate any changes to its business or operations as a result of Mr. Mendelson’s passing. The leadership transition follows long-standing succession plans previously approved by the Board of Directors.

What roles do Eric A. Mendelson and Victor H. Mendelson now hold at HEICO (HEI)?

Eric A. Mendelson and Victor H. Mendelson now serve as Co-Chairmen of the Board of Directors and continue in their roles as Co-Chief Executive Officers of HEICO. Their appointments as Co-Chairmen were effective immediately after the succession plan was implemented.

Did HEICO (HEI) issue a press release about Mr. Mendelson’s passing?

Yes. HEICO issued a press release dated September 29, 2025 announcing Mr. Mendelson’s passing. This press release is identified as Exhibit 99.1 and is incorporated by reference in the disclosure.

Who signed the HEICO disclosure regarding the leadership changes?

The disclosure was signed on behalf of HEICO by Carlos L. Macau, Jr., who is the company’s Executive Vice President, Chief Financial Officer and Treasurer.