HEICO Executive Chairman Laurans Mendelson passes away at 87; sons named Co-Chairmen

HEICO CORP

Laurans A. Mendelson, Executive Chairman, died Sept 27, 2025 at age 87.
Sons Eric A. Mendelson and Victor H. Mendelson appointed Co-Chairmen, effective immediately; remain Co-CEOs.
Succession follows long-standing board-approved plans; company does not anticipate business/operations changes.
Mendelson led HEICO from $26M revenue in 1990 to ~$4.5B with market cap ~$39B.

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