Littelfuse names Karim Hamed to lead combined Electronics and Semiconductor units
Littelfuse said Deepak Nayar, Senior Vice President and General Manager of the Electronics business, will become Special Advisor to the CEO effective January 1, 2027, and Dr. Karim Hamed will take an expanded role leading the combined Electronics and Semiconductor businesses. Under a special advisor agreement, Mr. Nayar will receive monthly payments totaling $1,004,220 for the advisory term, and the company said he will retire at the end of 2027.
Key points
- Nayar's Electronics role ends December 31, 2026; he becomes Special Advisor to the CEO effective January 1, 2027.
- Dr. Karim Hamed, who joined Littelfuse in 2025 as SVP and General Manager of the Semiconductor business, takes the expanded SVP and General Manager role for the CCDI Market & Electronics Segment effective January 1, 2027.
- Nayar's advisory payments total $1,004,220, made up of a $557,900 base salary and $446,320 in target annual incentive award.
- During the advisory term, Nayar will not receive new annual incentive or long-term incentive awards, but his remaining long-term awards may vest upon his retirement.
The filing
Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 16, 2026.
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