Holly Paeper joins Littelfuse (NASDAQ: LFUS) board as ninth director
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Littelfuse, Inc. expanded its Board of Directors from eight to nine members and appointed Holly B. Paeper as a new independent director, effective March 4, 2026. She also joined the Technology Committee and will serve until a successor is elected or upon earlier departure.
Paeper is President, Commercial HVAC Americas at Trane Technologies and has held senior roles at Corning, Eaton, and Intel. Littelfuse disclosed that since December 29, 2024 it sold products totaling approximately $19.0 million to Trane and its affiliates. As a non-employee director, she will receive standard director compensation, including a pro-rated restricted stock unit award.
Positive
- None.
Negative
- None.
8-K Event Classification
3 items: 5.02, 7.01, 9.01
3 items
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 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
| WASHINGTON, D.C. 20579 | ||
FORM 8-K
| CURRENT REPORT | ||
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report: March 4, 2026
(Date of earliest event reported)
LITTELFUSE, INC.
(Exact name of registrant as specified in its charter)
| (State of other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (773 ) 628-1000
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 Class | Trading Symbol | Name of exchange on which registered | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §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 | ||||
On March 4, 2026, the Board of Directors (the “Board”) of Littelfuse, Inc. (the “Corporation”) increased the number of members of the Board from eight to nine and appointed Ms. Holly B. Paeper to the Board to fill the resulting vacancy, effective March 4, 2026. Holly B. Paeper was also appointed to the Technology Committee.
Ms. Paeper will hold office until her successor is duly elected and qualified or upon her earlier death, resignation or removal. There are no arrangements or understandings between Ms. Paeper and any other person pursuant to which Ms. Paeper was appointed as a director. The Board has determined that Ms. Paeper is an independent director under the listing standards of the Nasdaq Stock Market and is independent for the purposes of Rule 10A-3 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Ms. Paeper also is not a party to any transactions requiring disclosure pursuant to Item 404(a) of Regulation S-K under the Exchange Act, except as follows: Ms. Paeper serves as President, Commercial HVAC Business of Trane Technologies (“Trane”). Since December 29, 2024, the Corporation sold products totalling approximately $19.0 million to Trane and its affiliates.
Ms. Paeper has served as President of Commercial HVAC Americas at Trane Technologies plc (NYSE: TT), a global climate innovator that delivers sustainable and efficient solutions for buildings, homes, and transportation, since January 2024. As President, Holly leads a thermal management, building technologies and energy services business, delivering innovative solutions for commercial, industrial, and data center customers. Since joining Trane Technologies in 2016, Ms. Paeper has also served as President of the global Life Science Solutions business from 2021-2024, and held Vice President and General Manager roles within the Commercial HVAC business from 2016 to 2021. Prior to joining Trane Technologies, Ms. Paeper held executive leadership roles in general management, M&A, strategy, product management, and marketing at Corning Incorporated, Eaton Corporation, and Intel Corp. She currently serves as a member of the board of directors at Mitsubishi Electric Trane US (METUS) since January 2024 and has served as a member of the board of directors of LiquidStack Holding B.V. from 2023 to 2025. Ms. Paeper holds a Bachelor of Science in Electrical Engineering from the University of Minnesota – Institute of Technology and a Master of Business Administration from the University of Minnesota – Carlson School of Management.
As a non-employee director, Ms. Paeper will receive compensation in accordance with the Corporation’s non-employee director compensation practices, which are described in the Corporation’s definitive proxy statement filed with the Securities and Exchange Commission on March 14, 2025. As part of such compensation, Ms. Paeper will receive an initial equity award consisting of a pro-rated portion of the annual award of restricted stock units made to independent directors.
| Item 7.01 | Regulation FD Disclosure. | ||||
A copy of the press release announcing the appointment of Ms. Paeper is attached as Exhibit 99.1 and incorporated herein by reference.
The exhibit furnished under Item 7.01 of this Current Report shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing by the Company under the Securities Act of 1933 or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
| Item 9.01 | Financial Statements and Exhibits. | ||||
(d) Exhibits.
| Exhibit No. | Description | ||||
| 99.1 | Press Release, dated March 5, 2026. | ||||
| 104 | Cover 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 thereunto duly authorized.
| Littelfuse, Inc. | |||||
| Date: March 5, 2026 | By: /s/ Abhishek Khandelwal | ||||
| Executive Vice President and Chief Financial Officer | |||||
FOR IMMEDIATE RELEASE
David Kelley
224-727-2535
dkelley@littelfuse.com
dkelley@littelfuse.com
Littelfuse Appoints Holly B. Paeper to Board of Directors
Chicago, March 5, 2026 — Littelfuse, Inc. (NASDAQ: LFUS), a leader in developing smart solutions that enable safe and efficient electrical energy transfer, today announced the appointment of Holly B. Paeper to the company’s board of directors, effective March 4, 2026. Paeper was also appointed to the Technology Committee.
“We are pleased to welcome Holly to the Littelfuse Board of Directors,” said Gordon Hunter, Littelfuse Chairman of the Board of Directors. “Holly brings a unique perspective that aligns with our mission of enabling safe and efficient electrical energy transfer. Her extensive leadership experience across our end markets, board expertise, and proven track record in driving strategic growth will be significant assets as we continue to execute on our company’s strategic priorities.”
Holly Paeper is the President, Commercial HVAC Americas, for Trane Technologies, a global climate innovator that delivers sustainable and efficient solutions for buildings, homes, and transportation. As President, Paeper leads a thermal management, building technologies and energy services business, delivering innovative solutions for commercial, industrial, and data center customers. She previously served as President of the global Life Science Solutions business (2021–2024) and held Vice President and General Manager roles within the Commercial HVAC business (2016–2021). Prior to joining Trane Technologies, Paeper held executive leadership roles in general management, M&A, strategy, product management, and marketing at Corning, Eaton, and Intel.
She currently serves on the board of directors of Mitsubishi Trane HVAC US (METUS) and previously served on the board of directors of LiquidStack (2023–2025). Paeper holds a Bachelor of Science in Electrical Engineering from the University of Minnesota – Institute of Technology and a Master of Business Administration from the University of Minnesota – Carlson School of Management.
About Littelfuse
Littelfuse, Inc. (NASDAQ: LFUS) is a diversified, industrial technology manufacturing company empowering a sustainable, connected, and safer world. Across more than 20 countries, and with approximately 17,000 global associates, we partner with customers to design and deliver
innovative, reliable solutions. Serving over 100,000 end customers, our products are found in a variety of industrial, transportation, and electronics end markets–everywhere, every day. Learn more at Littelfuse.com.
LFUS-F
# # #
FAQ
What did Littelfuse (LFUS) announce in its March 2026 Form 8-K?
Littelfuse announced it expanded its board from eight to nine members and appointed Holly B. Paeper as an independent director effective March 4, 2026. She will also serve on the Technology Committee and receive standard non-employee director compensation, including a pro-rated restricted stock unit award.
Who is Holly B. Paeper and what is her new role at Littelfuse (LFUS)?
Holly B. Paeper is President, Commercial HVAC Americas at Trane Technologies and has extensive leadership experience in HVAC, life sciences, and technology markets. She has joined the Littelfuse Board of Directors as an independent director and was appointed to the company’s Technology Committee effective March 4, 2026.
Is Holly B. Paeper considered an independent director at Littelfuse (LFUS)?
Yes. The Littelfuse Board determined Holly B. Paeper is an independent director under Nasdaq listing standards and for Rule 10A-3 under the Exchange Act. She will receive non-employee director compensation and there are no appointment arrangements with other persons disclosed in connection with her selection.
What business relationship exists between Littelfuse (LFUS) and Trane Technologies?
Littelfuse disclosed that since December 29, 2024, it sold products totaling approximately $19.0 million to Trane Technologies and its affiliates. Holly B. Paeper, the newly appointed Littelfuse director, serves as President, Commercial HVAC Americas at Trane Technologies, a global climate innovator serving building and transportation markets.
What compensation will Holly B. Paeper receive as a Littelfuse (LFUS) director?
As a non-employee director, Holly B. Paeper will receive compensation consistent with Littelfuse’s existing non-employee director compensation practices. This includes an initial equity grant consisting of a pro-rated portion of the annual restricted stock unit award typically granted to independent directors, plus standard cash components.
What committees will Holly B. Paeper serve on at Littelfuse (LFUS)?
Holly B. Paeper has been appointed to the Littelfuse Technology Committee in addition to joining the Board of Directors. This committee focuses on technology-related oversight, aligning with her background in thermal management, building technologies, energy services, and advanced solutions for commercial, industrial, and data center customers.