Victor H. Mendelson is the Co-President and a Director of HEICO Corporation (NYSE: HEI and HEI.A). He founded HEICO’s Electronic Technologies Group in 1996 and has been its Chief Executive Officer since then. In addition to other positions at HEICO, he served as its General Counsel from 1993 until 2008.
Most identified as the world’s largest designer and maker of FAA-approved alternative commercial aircraft replacement parts, HEICO is a diversified aerospace, defense and electronics manufacturing and services company with production, engineering or distribution facilities in 21 states and 13 countries. Employing nearly 6,000 Team Members worldwide, HEICO has been named one of the “100 Most Trustworthy Companies in America” and one of the ‘World’s Most Innovative Growth Companies” by Forbes.
Victor Mendelson, his father, Laurans Mendelson, and his brother, Eric Mendelson, assumed management control of HEICO Corporation in 1990 after Victor initially identified the company as an investment for his family and they became the firm’s largest shareholders. HEICO successfully evolved from a company with approximately $25 million in continuing revenue and a similar market capitalization, as well as a net loss in their year of takeover, to over $2 billion in revenue and a market capitalization of over $18 billion. Under their management, the firm has experienced nearly 20% compound annual growth in sales and net income, and more in share price.
He received his AB degree from Columbia College of Columbia University in the City of New York, and he received his JD degree from the University of Miami School of Law.