MIAMI and HOLLYWOOD, Fla., Jan. 12, 2017 (GLOBE NEWSWIRE) -- HEICO Corporation (NYSE:HEI.A) (NYSE:HEI) today announced that the highly-regarded Institutional Investor magazine (“II”) named HEICO to its All America Executive Team and named Laurans A. Mendelson, HEICO’s Chairman & Chief Executive Officer, the best CEO in Aerospace & Defense Electronics sector. In addition, Institutional Investor named HEICO’s Investor Relations program as the second best such program in the Aerospace & Defense Electronics sector.
Institutional Investor conducts a survey of the top 3,100 portfolio managers and analysts to assemble its list of the Country’s best companies and management teams. The survey looks at various factors which investors, analysts and the magazine consider to be important characteristics of a strong management team. Ultimately, Institutional Investor selected 171 U.S. companies out of the roughly 20,000 U.S. publicly-held companies for inclusion in the All America Executive Team.
Laurans A. Mendelson remarked, “These honors by Institutional Investor magazine result from our nearly 5,000 Team Member’s outstanding and diligent work and commitment to excellence. Our Team Members are responsible for HEICO’s success and we are honored to have been recognized by so many highly regarded investment professionals.”
Institutional Investor will present the awards at a major ceremony in New York City on March 7, 2017. For more information about the event and the awards, please see Institutional Investor’s special website, www.iimosthonoredcompanies.com
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.