Victor H.  Mendelson net worth and biography

Victor Mendelson Biography and Net Worth

Insider of HEICO

Victor H. Mendelson has been associated with the Company since 1990, serving in various capacities. Mr. Mendelson has served as our Co-President since October 2009 and served as our Executive Vice President from 2001 through September 2009. Mr. Mendelson has also served as President and Chief Executive Officer of the HEICO Electronic Technologies Group since its formation in September 1996. He served as General Counsel of the Company from 1993 to 2008 and Vice President of the Company from 1996 to 2001. In addition, Mr. Mendelson was the Chief Operating Officer of the Company’s former MediTek Health Corporation subsidiary from 1995 until its profitable sale in 1996. Mr. Mendelson is a co-founder, and, since 1987, has been President of Mendelson International Corporation, a private investment company, which is a shareholder of HEICO. He is a Trustee of Columbia University in the City of New York, a Trustee of St. Thomas University in Miami Gardens, Florida, a Director of the Boys & Girls Clubs of Miami-Dade, as well as a Director and Past President of the Board of Directors of the Florida Grand Opera. Victor Mendelson is the son of Laurans Mendelson and the brother of Eric Mendelson. Victor Mendelson is considered an “inside” director under NYSE rules.

The Board believes that Mr. Mendelson’s experience and expertise, garnered by serving the Company in a variety of roles over the past nearly 28 years, make him uniquely qualified to serve on the Board because he understands the Company’s operations and strategy very well. As the founder of the Company’s Electronic Technologies Group, he has extensive knowledge and experience in the electronic technologies and defense segments of the business, which have experienced significant growth under his stewardship. Further, as the Company’s former General Counsel for 15 years, he is familiar with the Company’s matters, including contractual relationships and the Company’s numerous acquisitions. Victor Mendelson and his family are significant Company shareholders.

What is Victor H. Mendelson's net worth?

The estimated net worth of Victor H. Mendelson is at least $231.02 million as of October 18th, 2024. Mr. Mendelson owns 1,234,950 shares of HEICO stock worth more than $231,022,097 as of December 21st. This net worth approximation does not reflect any other assets that Mr. Mendelson may own. Additionally, Mr. Mendelson receives an annual salary of $1,670,000.00 as Insider at HEICO. Learn More about Victor H. Mendelson's net worth.

How old is Victor H. Mendelson?

Mr. Mendelson is currently 54 years old. There are 3 older executives and no younger executives at HEICO. The oldest executive at HEICO is Mr. Thomas S. Irwin, Sr. Exec. VP, who is 75 years old. Learn More on Victor H. Mendelson's age.

What is Victor H. Mendelson's salary?

As the Insider of HEICO Co., Mr. Mendelson earns $1,670,000.00 per year. There are 2 executives that earn more than Mr. Mendelson. The highest earning executive at HEICO is Mr. Laurans A. Mendelson, Chairman & CEO, who commands a salary of $2,940,000.00 per year. Learn More on Victor H. Mendelson's salary.

How do I contact Victor H. 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 Victor H. Mendelson's contact information.

Has Victor H. Mendelson been buying or selling shares of HEICO?

During the past quarter, Victor H. Mendelson has bought $190,894.44 in HEICO stock. Most recently, on Friday, October 18th, Victor H. Mendelson bought 726 shares of HEICO stock. The stock was acquired at an average cost of $262.94 per share, with a total value of $190,894.44. Following the completion of the transaction, the insider now directly owns 1,234,950 shares of the company's stock, valued at $324,717,753. Learn More on Victor H. Mendelson's trading history.

Who are HEICO's active insiders?

HEICO's insider roster includes Victor Mendelson (Insider), and Alan Schriesheim (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 2,175 shares worth more than $571,894.50. In the last year, insiders at the sold shares 1 times. They sold a total of 332 shares worth more than $66,941.16. The most recent insider tranaction occured on October, 18th when Director Alan Schriesheim bought 724 shares worth more than $190,368.56. Insiders at HEICO own 9.8% of the company. Learn More about insider trades at HEICO.

Information on this page was last updated on 10/18/2024.

Victor H. Mendelson Insider Trading History at HEICO

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
10/18/2024Buy726$262.94$190,894.441,234,950View SEC Filing Icon  
See Full Table

Victor H. Mendelson Buying and Selling Activity at HEICO

This chart shows Victor H Mendelson's buying and selling at HEICO by year and by quarter.

Skip ChartChart Data in Insider Trading History Table

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. The company's 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, subcomponents, and other instruments utilized on military aircraft. Its 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 interference shielding and suppression filters; high-speed interface products; high voltage interconnection devices; high voltage advanced power electronics; power conversion products; and underwater locator beacons and emergency locator transmission beacons. This segment also offers traveling wave tube amplifiers and microwave power modules; three-dimensional microelectronic and stacked memory products; harsh environment connectivity products and custom molded cable assemblies; radio frequency and microwave amplifiers, transmitters, and receivers; communications and electronic intercept receivers and tuners; self-sealing auxiliary fuel systems; active antenna systems; and nuclear radiation detectors. The company serves customers primarily in the aviation, defense, space, medical, telecommunications, and electronics industries. HEICO Corporation was founded in 1957 and is headquartered in Hollywood, Florida.
Read More

Today's Range

Now: $187.07
Low: $182.59
High: $187.72

50 Day Range

MA: $94.22
Low: $86.16
High: $99.79

2 Week Range

Now: $187.07
Low: $51.78
High: $109.70

Volume

786,809 shs

Average Volume

207,522 shs

Market Capitalization

$25.93 billion

P/E Ratio

54.86

Dividend Yield

0.11%

Beta

1.18