Littelfuse Announces CEO Retirement and Leadership Transition

January 17, 2025

Littelfuse, Inc. has recently announced that David Heinzmann, President and Chief Executive Officer, has informed the Board of Directors of his intention to retire as President and CEO.

The Board has appointed Dr. Greg Henderson, a member of the Littelfuse Board of Directors, as President and Chief Executive Officer effective February 10, 2025. Mr. Heinzmann will remain on the Littelfuse Board through April 2025 and, to support a seamless transition, serve as an advisor to the Company through August 10, 2025.

Gordon Hunter, Littelfuse Chairman of the Board, commented, “On behalf of the Board of Directors, I want to thank Dave for his 40 years of distinguished leadership and substantial contributions across numerous roles. As CEO, Dave has been an exceptional leader and his passion for Littelfuse, our people, and our customers has been instrumental in guiding the Company’s growth, innovations, and industry impact.”

Regarding Greg Henderson’s appointment as President and CEO, Mr. Hunter added, “Greg brings a wealth of experience across our industry, end markets and technologies, as well as broad familiarity with Littelfuse through his service as a member of our Board of Directors. Greg has a strong track record of value creation as well as extensive technical skills and management experience, most recently leading Analog Devices’ Automotive & Energy, Communications, and Aerospace Group. Greg has been a thoughtful voice on our board, and I am confident he is well prepared to lead Littelfuse into its next chapter of growth and success.”

Mr. Heinzmann said, “It has been a privilege to lead Littelfuse for the past 8 years, and I want to thank our customers, associates, and shareholders for their ongoing support. I am proud of the team and culture we have built, and what we have accomplished executing our growth strategy over this time. I’m confident Greg will continue to build on this success, as he has the ideal skillset and experience to lead our company in our next stage of growth. I look forward to supporting him through this transition.”

“I am honored to lead this great company,” said Dr. Henderson. “Littelfuse has an extensive track record of product leadership and technology innovation, driving meaningful growth and success over its 98-year history. I am excited to help steward the next phase of the Littelfuse growth journey alongside our talented global teams. I look forward to building on the strong foundation that Dave and the leadership team have established as we enable the future needs of our diverse customer base across our broad end markets.”

With the CEO transition taking effect on February 10, 2025, the Company has made the decision to postpone the previously planned February 26, 2025, Investor Day to a later date.

Source

Related Articles

Changing Scene

  • Intralec Announces Leadership Transition in Northern GTA Sales Region

    Intralec Announces Leadership Transition in Northern GTA Sales Region

    Intralec has announced an upcoming leadership transition as Cameron Slade, currently Warehouse Supervisor, steps into the role of Outside Sales Representative for the Northern GTA region and North Ontario. Cameron will be filling in for Beverly Pisco, who will be beginning her maternity leave this June. Cameron brings a strong foundation in the electrical industry,… Read More…

  • Specialized Power Solutions Welcomes Jonathan Udy as New Sales Manager

    Specialized Power Solutions Welcomes Jonathan Udy as New Sales Manager

    Specialized Power Solutions is excited to welcome Jonathan Udy to their team! Jonathan joins Specialized Power Solutions with over a decade of experience in the electrical industry, beginning his career as a Journeyman Electrician working across commercial and industrial projects. He later transitioned into power distribution sales with ABB, where he spent over six years… Read More…

Sponsored Content
The Easy Way to the Industrial IoT

The way to the Industrial IoT does not have to be complicated. Whether access to valuable data is required or new, data-driven services are to be generated, Weidmuller enables its customers to go from data to value the easy way. Weidmuller’s comprehensive and cutting-edge IIoT portfolio applies to greenfield and brownfield applications. Weidmuller offers components and solutions from data acquisition, data pre-processing, data communication and data analysis.

Visit Weidmuller’s Industrial IoT Portfolio.

ADVANCED Motion Controls Takes Servo Drives to New Heights (and Depths) with FlexPro Extended Environment Product Line

Advanced Motion Controls is proud to announce the addition of six new CANopen servo drives with Extended Environment capabilities to their FlexPro line. These new drives join AMC’s existing EtherCAT Extended Environment FlexPro drives, making the FlexPro line the go-to solution for motion control applications in harsh environments.

Many motion control applications take place in conditions that are less than ideal, such as extreme temperatures, high and low pressures, shocks and vibrations, and contamination. Electronics, including servo drives, can malfunction or sustain permanent damage in these conditions.

Read More

Service Wire Co. Announces New Titles for Key Executives

Bruce Kesler and Mark Gatewood have been given new titles and responsibilities for Service Wire Co.

Bruce Kesler has assumed the role of Senior Director – Business Development. Bruce will be responsible for Service Wire’s largest strategic accounts and our growing Strategic Accounts Team.

Mark Gatewood has been promoted to the role of Vice President – Sales & Marketing. In this role, Gatewood will lead the efforts of Service Wire Company’s entire sales and marketing organization in all market verticals.

Read More

Tri-Mach Announces the Purchase of an Additional 45,000 sq ft. Facility

Tri-Mach Elmira Facility

Recently, Tri-Mach Inc. was thrilled to announce the addition of a new 45,000 sq ft. facility. Located at 285 Union St., Elmira, ON, this facility expands Tri-Mach’s capabilities, allowing them to better serve the growing needs of their customers.

Positioning for growth, this additional facility will allow Tri-Mach to continue taking on large-scale projects, enhance product performance testing, and provide equipment storage for their customers. The building will also be the new home to their Skilled Trades Centre of Excellence.

Read More

JMP Parent Company, CONVERGIX Acquires AGR Automation, Expanding Global Reach

Convergix Automation Solutions has completed the acquisition of AGR Automation (“AGR”), a UK-based provider of custom, high-performance automation design and systems integration primarily to the life sciences industry.

Following Convergix’s acquisitions of JMP Solutions in August 2021 and Classic Design in February 2022, AGR marks the third investment in Crestview’s strategy to build Convergix into a diversified automation solutions provider targeting the global $500+ billion market, with a particular focus on the $70 billion global systems integration and connectivity segments. Financial terms of the transaction were not disclosed.

Read More

Latest Articles

  • Festo: Machine Safety – Why It Matters & How to Achieve It

    Festo: Machine Safety – Why It Matters & How to Achieve It

    For OEMs, machine builders, engineers, and plant managers, machine safety is more than regulatory compliance; it’s a responsibility to workers, a commitment to customers, and a strategic advantage. Every machine on the factory floor has two sides: its potential to drive productivity, and its potential to cause harm. Striking the right balance between performance and… Read More…

  • What Does Being a Gold Level Rockwell System Integrator Mean for Actemium Canada Clients?

    What Does Being a Gold Level Rockwell System Integrator Mean for Actemium Canada Clients?

    What does being a Gold Level Rockwell System Integrator mean to Actemium Canada clients? The obvious answer is that Actemium Canada brings a high level of expertise, knowledge, and experience to every project. But it also means added value in ways many people may not realize, including cost savings on hardware and an extended 3-year… Read More…