Littelfuse, Inc. (NASDAQ: LFUS) has announced a transition plan for its Chief Financial Officer (CFO), with Meenal Sethna, the current CFO, set to step down from her role after ten years of leadership. She will remain with the company through September 1, 2025, to ensure a smooth transition. Littelfuse has already commenced a formal search to identify the Company’s next CFO.
During her tenure, Meenal Sethna's leadership and contributions have been essential to the company’s growth and profitability expansion. Littelfuse President & CEO, Dr. Greg Henderson, expressed his gratitude for Sethna's strategic guidance, which has positioned the company with the financial strength and flexibility to fuel the next growth phase.
According to Dr. Henderson, this leadership change is not the result of any matters relating to the company’s financials, operations, policies, or practices. It is a strategic move as Meenal Sethna believes the time is right for her to transition to the next phase of her career.
Littelfuse, Inc. operates as a diversified, industrial technology manufacturing company empowering a sustainable, connected, and safer world. The company has approximately 16,000 global associates across more than 20 countries and serves over 100,000 end customers. Their products are found in a variety of industrial, transportation, and electronics end markets.
As Littelfuse commences its search for a new CFO, the company remains well positioned to deliver strong growth and profitability expansion going forward, as indicated by Dr. Greg Henderson. Today the company's shares have moved 9.2% to a price of $163.52. If you want to know more, read the company's complete 8-K report here.
