HEICO Corp. (HEI) Promotes CFO Irwin to Senior Exec. VP; Carlos Macau to Assume CFO Role

May 29, 2012 9:02 AM EDT Send to a Friend
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HEICO Corporation (NYSE:HEI.A) (NYSE: HEI) today announced that as part of its management succession plans, Thomas S. Irwin, HEICO's Executive Vice President, Chief Financial Officer and Treasurer will be promoted to Senior Executive Vice President, and will continue as a member of the Office of the Chief Executive Officer and the Board of Directors of the Company's principal subsidiaries. In addition the Company announced that Carlos L. Macau has been appointed Executive Vice President - Chief Financial Officer and Treasurer effective June 1, 2012. Mr. Irwin will focus his attention principally on strategic matters and, for a period of time, the orderly transition of his Chief Financial Officer and Treasurer duties to Mr. Macau.

Mr. Macau, 45 years old, joins HEICO from the international public accounting firm of Deloitte & Touche LLP where he served as Audit Partner and has 22 years of financial and accounting experience serving a number of public and private manufacturing and service clients in a broad range of industries. His client responsibilities included serving as HEICO's lead client services partner for five years. He holds a Bachelors of Science degree and a Masters of Business Administration degree from Indiana State University. Mr. Macau is a Certified Public Accountant and a member of the American and Florida Institutes of Certified Public Accountants.

The Company also announced that, effective June 1, 2012, Steven M. Walker, currently HEICO's Corporate Controller, will be promoted to Chief Accounting Officer in addition to his duties as Assistant Treasurer.

Mr. Walker, 48 years old, has served as our Corporate Controller and Assistant Treasurer since joining HEICO in 2002. Previously, Mr. Walker held various financial positions at Royal Caribbean Cruises Ltd. and AMR Corporation. Mr. Walker began his professional career with Ernst & Young and is a Certified Public Accountant. Mr. Walker holds a Master of Business Administration degree from Cornell University and a Bachelor of Science degree in accounting from the State University of New York at Binghamton.


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