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CHICAGO - Littelfuse, Inc. (NASDAQ: LFUS), a $712 million market cap company known for its comprehensive portfolio of circuit protection, power control, and sensing technologies, has appointed Abhi Khandelwal as its new Executive Vice President and Chief Financial Officer, effective June 18, 2025. The company, which generated $1.89 billion in revenue over the last twelve months with an impressive 50.3% gross profit margin, announced that Khandelwal succeeds Meenal Sethna, who will transition into a strategic advisory role within the company.
Bringing over two decades of financial and operational expertise, Khandelwal joins Littelfuse from IDEX Corporation (NYSE: IEX), where he held the same executive position. His career includes key financial leadership roles at Multi-Color Corporation and CIRCOR International, signaling a strong track record in driving strategic growth and operational improvements.
Dr. Greg Henderson, President and CEO of Littelfuse, expressed confidence in Khandelwal’s capabilities, emphasizing his expectation for Khandelwal to contribute significantly to the company’s strategic focus and operational scaling. According to InvestingPro, the company maintains a GOOD financial health score of 2.97, with analysts unanimously rating it a Strong Buy. Henderson also highlighted Khandelwal’s growth mindset as a critical asset in delivering value to customers, employees, and shareholders.
Khandelwal, an Indiana University alumnus with an MBA from Northwestern University, voiced his enthusiasm for joining Littelfuse at a crucial juncture, acknowledging the ongoing demand for safe and efficient electrical energy transfer. He expressed his commitment to advancing the company’s growth narrative and delivering shareholder value.
Littelfuse, with a presence in over 20 countries and approximately 16,000 associates globally, serves a diverse range of industrial, transportation, and electronics markets. InvestingPro analysis suggests the stock is currently undervalued, presenting a potential opportunity for investors. Get access to detailed valuation metrics and 12 additional ProTips with an InvestingPro subscription. The company’s products are integral to numerous applications, reflecting its mission to empower a sustainable, connected, and safer world.
This announcement is based on a press release statement from Littelfuse, Inc.
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