Littelfuse enters new Change of Control agreements with CEO and four executives; CEO multiple 3.0, others 2.0

LITTELFUSE INC /DE

New three-year Change of Control agreements effective Jan 1, 2024, replacing 2021 agreements; expire Dec 31, 2026.
CEO David W. Heinzmann gets severance multiple of 3.0×; four other executives get 2.0×.
Executives: Meenal A. Sethna (CFO), Ryan K. Stafford (EVP M&A/CLO), Maggie Chu (SVP HR), Deepak Nayar (SVP/GM Electronics).
Terms substantially identical to prior 2021 agreements; no material change in benefits.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.