Littelfuse announced that Senior Vice President Deepak Nayar will transition from his role as General Manager of the Electronics Business to Special Advisor to the CEO on January 1, 2027, with a final retirement date at the end of 2027. Dr. Karim Hamed will assume leadership of the combined Electronics and Semiconductor businesses under the CCDI Market & Electronics Segment title. Nayar’s advisory compensation includes equal monthly payments totaling $1,004,220 for the advisory term, comprising his base salary and target annual incentive award, alongside accelerated vesting for outstanding long-term incentive awards. Littelfuse is a diversified industrial technology manufacturing company that designs and delivers innovative solutions for electrical energy transfer across industrial, transportation, and electronics markets.
