Littelfuse Leadership Transition: David Heinzmann Retires, Dr. Greg Henderson Takes Charge

Leadership Transition Marks New Chapter for Littelfuse

Littelfuse, Inc., a prominent player in the industrial technology sector, announces a significant leadership change as President and CEO David Heinzmann prepares to retire after eight years in the role. Heinzmann has informed the Board of Directors of his decision, and Dr. Greg Henderson, a current board member with extensive experience in the industry, is appointed as his successor, effective February 10, 2025. This transition comes as Littelfuse looks to maintain its trajectory of growth and innovation, which has been a hallmark of the company’s 98-year history.

The transition in leadership is timely, as Heinzmann has played a crucial role in steering Littelfuse through pivotal phases of development. Under his direction, the company has expanded its product offerings and enhanced its market position across various sectors, including industrial, transportation, and electronics. Gordon Hunter, Chairman of the Board, commended Heinzmann for his 40 years of dedicated service and significant contributions, underscoring his role in fostering a culture of innovation and growth within the organization. As Heinzmann prepares to step down, he will remain with the company as an advisor until August 2025, ensuring a smooth transition for Henderson.

Dr. Greg Henderson's appointment is seen as a strategic move to leverage his vast industry expertise, particularly from his recent leadership at Analog Devices, where he oversaw key sectors such as automotive and aerospace. Henderson expresses enthusiasm about taking the helm at Littelfuse, focusing on the company's legacy of product leadership while also exploring new avenues for growth. Both Heinzmann and Hunter believe Henderson's insights will be instrumental in guiding Littelfuse through its next chapter, emphasizing continuity in leadership as the company prepares for future challenges and opportunities.

In addition to the leadership change, Littelfuse announces the postponement of its Investor Day, originally scheduled for February 26, 2025, to a later date. This decision allows the new leadership team to align their vision with stakeholders and communicate strategic directions effectively. Furthermore, the company plans to release its financial results for the fourth quarter of fiscal 2024 on January 28, 2025, with a conference call to follow, highlighting its continued commitment to transparency and stakeholder engagement.

With a workforce of approximately 16,000 associates operating in over 20 countries, Littelfuse remains dedicated to creating innovative solutions that contribute to a sustainable and connected world, impacting over 100,000 end customers globally.