HEICO Corporation's Laurans A. Mendelson Named Best Mid-Cap Aerospace and Defense CEO by Institutional Investor
December 11 2017 - 8:30AM
Business Wire
Second Consecutive Year Named BEST CEO in
Midcap Aerospace & Defense
HEICO Corporation (NYSE:HEI) (NYSE:HEI.A) today announced that
Laurans A. Mendelson, its Chairman and Chief Executive Officer, was
named Best CEO in the Midcap Aerospace & Defense industry by
Institutional Investor in its annual All American Executive Team
2018. Mr. Mendelson received the same honor for 2017, marking the
second consecutive year he’s been named Best CEO.
Institutional Investor conducts an annual survey of securities
research professionals to determine which CEOs and other officers
are ranked as the top executives in various industries. His ranking
in first place as Best CEO for 2018 was derived from a survey of
352 buy-side and sell-side securities analysts who cover the
sector.
Mr. Mendelson commented, “While I am deeply flattered that so
many investment professionals feel I’m the top CEO in our category,
I consider this an award to all of HEICO’s Team Members worldwide,
as I attribute HEICO’s success to their unceasing efforts on our
customers’, shareholders’, fellow Team Members’ and partners’
behalf. HEICO is fortunate to have the best Team Members in our
industry and I am proud to serve with this talented group.”
Mr. Mendelson added, “I thank all of the securities
professionals involved in the survey and ranking for their
confidence. In an industry with many great people and fellow CEOs,
I am humbled by their support. I also extend my congratulations to
other Aerospace & Defense companies winning other awards in our
category.”
HEICO has two classes of common stock traded on the NYSE. Both
classes, the Class A Common Stock (HEI.A) and the Common Stock
(HEI), are virtually identical in all economic respects. The only
difference between the share classes is the voting rights. The
Class A Common Stock (HEI.A) receives 1/10 vote per share and the
Common Stock (HEI) receives one vote per share. The stock symbols
for HEICO's two classes of common stock on most web sites are HEI.A
and HEI. However, some web sites change HEICO's Class A Common
Stock symbol (HEI.A) to HEI/A or HEIa.
HEICO Corporation is engaged primarily in the design,
production, servicing and distribution of products and services to
certain niche segments of the aviation, defense, space, medical,
telecommunications and electronics industries through its
Hollywood, Florida-based Flight Support Group and its Miami,
Florida-based Electronic Technologies Group. HEICO’s customers
include a majority of the world’s airlines and overhaul shops, as
well as numerous defense and space contractors and military
agencies worldwide, in addition to medical, telecommunications and
electronics equipment manufacturers. For more information about
HEICO, please visit our website at http://www.heico.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20171211005145/en/
HEICO CorporationVictor H. Mendelson, 305-374-1745orCarlos L.
Macau, Jr. 954-987-4000
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