Laurans A.  Mendelson net worth and biography

Laurans Mendelson Biography and Net Worth

CEO of HEICO
Laurans A. Mendelson has served as our Chairman of the Board since December 1990. He has also served as our Chief Executive Officer since February 1990 and served as our President from September 1991 through September 2009. Mr. Mendelson has served on the Board of Governors of the Aerospace Industries Association (AIA) in Washington, D.C., of which HEICO is a member. He is the former Chairman of the Board of Trustees, former Chairman of the Executive Committee and a current member of the Society of Mount Sinai Founders of Mount Sinai Medical Center in Miami Beach, Florida. In addition, Mr. Mendelson is a Trustee Emeritus of Columbia University in The City of New York, where he previously served as Trustee and Chairman of the Trustees’ Audit Committee. Mr. Mendelson is a Certified Public Accountant. Laurans Mendelson is the father of Eric Mendelson and Victor Mendelson. Laurans Mendelson is considered an “inside” director under NYSE rules.

The Board believes that Mr. Mendelson’s 20 plus years of solid and successful leadership of the Company, his demonstrated expertise and vast experience in the aerospace and electronic technologies industries and his background in finance, accounting and audit, make him ideally suited to serve on the Board. The impact of Mr. Mendelson’s investment and acquisition acumen has led directly to the significant growth of the Company since 1990; he has a unique ability to recognize and capitalize on growth opportunities at the opportune time. Laurans Mendelson and his family are significant Company shareholders.

What is Laurans A. Mendelson's net worth?

The estimated net worth of Laurans A. Mendelson is at least $333.93 million as of October 17th, 2023. Mr. Mendelson owns 1,694,451 shares of HEICO stock worth more than $333,925,459 as of April 20th. This net worth evaluation does not reflect any other assets that Mr. Mendelson may own. Additionally, Mr. Mendelson receives a salary of $9,500,000.00 as CEO at HEICO. Learn More about Laurans A. Mendelson's net worth.

How old is Laurans A. Mendelson?

Mr. Mendelson is currently 86 years old. There are 4 older executives and no younger executives at HEICO. Learn More on Laurans A. Mendelson's age.

What is Laurans A. Mendelson's salary?

As the CEO of HEICO Co., Mr. Mendelson earns $9,500,000.00 per year. Learn More on Laurans A. Mendelson's salary.

How do I contact Laurans A. Mendelson?

The corporate mailing address for Mr. Mendelson and other HEICO executives is 3000 TAFT STREET, HOLLYWOOD FL, 33021. HEICO can also be reached via phone at (954) 987-4000. Learn More on Laurans A. Mendelson's contact information.

Has Laurans A. Mendelson been buying or selling shares of HEICO?

Laurans A. Mendelson has not been actively trading shares of HEICO during the past quarter. Most recently, Laurans A. Mendelson sold 23,477 shares of the business's stock in a transaction on Tuesday, October 17th. The shares were sold at an average price of $166.20, for a transaction totalling $3,901,877.40. Following the completion of the sale, the chief executive officer now directly owns 1,694,451 shares of the company's stock, valued at $281,617,756.20. Learn More on Laurans A. Mendelson's trading history.

Who are HEICO's active insiders?

HEICO's insider roster includes Thomas Culligan (Director), Adolfo Henriques (Director), Mark Hildebrandt (Director), Thomas Irwin (VP), Carlos Macau (CFO), Eric Mendelson (Insider), Laurans Mendelson (CEO), Victor Mendelson (Insider), Julie Neitzel (Director), Alan Schriesheim (Director), and Frank Schwitter (Director). Learn More on HEICO's active insiders.

Are insiders buying or selling shares of HEICO?

In the last year, HEICO insiders bought shares 3 times. They purchased a total of 1,211 shares worth more than $157,943.68. In the last year, insiders at the aerospace company sold shares 6 times. They sold a total of 53,877 shares worth more than $9,662,763.40. The most recent insider tranaction occured on March, 28th when Director Frank J Schwitter sold 400 shares worth more than $77,480.00. Insiders at HEICO own 8.1% of the company. Learn More about insider trades at HEICO.

Information on this page was last updated on 3/28/2024.

Laurans A. Mendelson Insider Trading History at HEICO

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
10/17/2023Sell23,477$166.20$3,901,877.401,694,451View SEC Filing Icon  
6/2/2023Buy310$125.83$39,007.3016,587View SEC Filing Icon  
1/10/2023Buy865$157.07$135,865.55929,259View SEC Filing Icon  
3/23/2022Buy1,200$124.98$149,976.00View SEC Filing Icon  
12/28/2021Sell8,869$144.25$1,279,353.25View SEC Filing Icon  
6/22/2020Sell9,112$88.02$802,038.24928,394View SEC Filing Icon  
6/19/2020Sell18,740$90.10$1,688,474.00928,394View SEC Filing Icon  
6/17/2020Sell50,000$91.36$4,568,000.00928,394View SEC Filing Icon  
5/31/2019Sell100,000$98.17$9,817,000.00927,445View SEC Filing Icon  
6/4/2018Sell30,000$76.21$2,286,300.00740,910View SEC Filing Icon  
6/1/2018Sell102,701$76.13$7,818,627.13740,910View SEC Filing Icon  
4/30/2018Sell5,100$73.16$373,116.00View SEC Filing Icon  
9/21/2015Buy1,550$45.03$69,796.50197,603View SEC Filing Icon  
See Full Table

Laurans A. Mendelson Buying and Selling Activity at HEICO

This chart shows Laurans A Mendelson's buying and selling at HEICO by year and by quarter.

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HEICO Company Overview

HEICO logo
HEICO Corporation, through its subsidiaries, designs, manufactures, and sells aerospace, defense, and electronic related products and services in the United States and internationally. Its Flight Support Group segment provides jet engine and aircraft component replacement parts; thermal insulation blankets and parts; renewable/reusable insulation systems; and specialty components. This segment also distributes hydraulic, pneumatic, structural, interconnect, mechanical, and electro-mechanical components for the commercial, regional, and general aviation markets; and offers repair and overhaul services for jet engine and aircraft component parts, avionics, instruments, composites, and flight surfaces of commercial aircraft, as well as for avionics and navigation systems, and other instruments utilized on military aircraft. The company's Electronic Technologies Group segment provides electro-optical infrared simulation and test equipment; electro-optical laser products; electro-optical, microwave, and other power equipment; electromagnetic and radio frequency (RF) interference shielding and suppression filters; power conversion and interface; interconnection devices; and underwater locator beacons and emergency locator transmission beacons. This segment also offers traveling wave tube amplifiers and microwave power modules; memory products and specialty semiconductors; harsh environment connectivity products and custom molded cable assemblies; RF and microwave products; communications and electronic intercept receivers and tuners; self-sealing auxiliary fuel systems; active antenna systems and airborne antennas; nuclear radiation detectors; silicone products; power amplifiers; ceramic-to-metal feedthroughs and connectors; technical surveillance countermeasures equipment; RF receivers and sources; embedded computing solutions; test sockets and adapters; and radiation assurance services. The company was incorporated in 1957 and is headquartered in Hollywood, Florida.
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Today's Range

Now: $197.07
Low: $196.38
High: $199.14

50 Day Range

MA: $191.46
Low: $183.23
High: $199.40

2 Week Range

Now: $197.07
Low: $153.63
High: $200.64

Volume

332,283 shs

Average Volume

375,179 shs

Market Capitalization

$27.27 billion

P/E Ratio

64.40

Dividend Yield

0.10%

Beta

1.16