Helios Technologies (NYSE: HLIO) appoints Billy Aldridge President of Electronics Segment
Rhea-AI Filing Summary
Helios Technologies, Inc. reported a leadership change in its electronics business. The Board of Directors appointed Billy Aldridge as President of the Electronics Segment, effective January 4, 2026. This role oversees the company’s electronics operations, where he has already been serving in senior leadership positions.
Mr. Aldridge has led Helios’ electronics activities since March 2025 as Senior Vice President, Managing Director of Electronics, and previously headed Enovation Controls. His prior experience includes roles at FW Murphy and MerCruiser/Mercury, along with a Lean Six Sigma background. His compensation includes a $300,000 annual base salary, a short-term cash incentive target equal to 60% of base salary, and a long-term equity incentive target equal to 110% of base salary, split between time-based restricted stock units and performance-based equity. He will also enter into Helios’ standard indemnification, continuity, and severance agreements for executive officers.
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FAQ
What executive change did Helios Technologies (HLIO) announce?
Helios Technologies announced that Billy Aldridge has been appointed President of the Electronics Segment, effective January 4, 2026.
What is Billy Aldridge’s background before becoming Electronics Segment President at Helios (HLIO)?
Mr. Aldridge has served as Senior Vice President, Managing Director of Electronics since March 31, 2025, and previously as Senior Vice President, Managing Director of Enovation Controls since May 3, 2021. He also held roles at FW Murphy and MerCruiser/Mercury and holds a bachelor’s degree in Sociology from Oklahoma State University.
What salary and incentives will Billy Aldridge receive in his new role at Helios Technologies (HLIO)?
Mr. Aldridge will receive an annual base salary of $300,000. His short-term cash incentive target is 60% of base salary, and his long-term equity incentive target is 110% of base salary, split equally between time-based restricted stock units and performance-based equity.
What equity structure is included in Billy Aldridge’s compensation at Helios (HLIO)?
His long-term equity incentive target equals 110% of base salary, with 50% expected to be time-based restricted stock units and 50% performance-based equity.
Will Billy Aldridge enter any standard agreements as an executive of Helios Technologies (HLIO)?
Yes. In connection with his appointment, Mr. Aldridge will enter into Helios’ standard form of Indemnification Agreement, as well as its standard Executive Officer Continuity Agreement and Executive Officer Severance Agreement, whose terms have been previously disclosed.
Did Helios Technologies (HLIO) issue a press release about this leadership change?
Yes. A press release dated December 8, 2025 announcing Mr. Aldridge’s appointment is included as Exhibit 99.1 to the report.