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Bel Fuse Executive Compensation (FY25)

BELFA · Executive and director compensation, fiscal 2023 to 2025

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Data as of September 7, 2026Latest filing (8-K): May 28, 2026
12 filings cited on this page
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
Bel Fuse brief$1,500Get the executive brief
212 figures on this page: 201 cited to the filing that reported them, 11 calculated from figures it prints. See the citations
Chief executive, fiscal 2025
◇
Farouq Tuweiq
Median of the other named officers
$1,265,885
5 officers, excluding the chief executive
Latest say-on-pay support
=
May 26, 2026
Chief executive pay ratio
◇
To the median employee
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Farouq Tuweiq: $962,365 → $4,909,182
Say-on-pay support: 99.0% → 98.7% (0.3 points lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is Bel Fuse's chief executive and what were they paid?
Farouq Tuweiq was paid $4,909,182 in total compensation as President and Chief Executive Officer (Former Chief Financial Officer and Treasurer) for fiscal 2025. Tuweiq's total was up from the $962,365 reported for fiscal 2024.
What was Bel Fuse's say-on-pay result?
The say-on-pay proposal drew 98.7% of votes cast for or against in favor at the meeting held May 26, 2026 for fiscal 2025.
Which companies are in Bel Fuse's peer group?
The disclosed peer group includes ACM Research, Inc, Allient Inc., Alpha and Omega Semiconductor Limited, Arlo Technologies, Inc. and Aviat Networks, Inc., among others.
What is Bel Fuse's chief executive pay ratio?
The company reported a chief executive pay ratio of 692:1 for fiscal 2025, against median employee compensation of $8,977.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Daniel Bernstein
Former President and Chief Executive Officer
◇◇——◇◇◇◇
Farouq Tuweiq
President and Chief Executive Officer (Former Chief Financial Officer and Treasurer)
◇◇——◇—◇◇
Peter Bittner III
Former President of Bel Connectivity Solutions
◇◇——◇◇◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Daniel Bernstein
Former President and Chief Executive Officer
◇—◇—◇◇◇◇
Farouq Tuweiq
President and Chief Executive Officer (Former Chief Financial Officer and Treasurer)
◇—◇—◇—◇◇
Kenneth Lai
Vice President of Asia Operations
◇—◇—◇—◇◇
Peter Bittner III
Former President of Bel Connectivity Solutions
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Farouq Tuweiq
President and Chief Executive Officer (Former Chief Financial Officer and Treasurer)
Departed during or after this year
◇—◇—◇—◇◇
Lynn Hutkin
Chief Financial Officer, Treasurer and Secretary
◇—◇—◇◇◇◇
Daniel Bernstein
Former President and Chief Executive Officer
Departed during or after this year
◇—◇—◇—◇◇
Joseph Berry
Former President of Bel Magnetic Solutions
Departed during or after this year
◇—◇—◇◇◇◇
Kenneth Lai
Vice President of Asia Operations
◇—◇—◇◇◇◇
Peter Bittner III
Former President of Bel Connectivity Solutions
Departed during or after this year
◇—◇—◇◇◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Daniel BernsteinRSU◇——◇——◇
Farouq TuweiqPSU◇◇◇◇◇—◇
Farouq TuweiqRSU◇——◇——◇
Joseph BerryRSU◇——◇——◇
Joseph BerryRSU◇——◇——◇
Kenneth LaiRSU◇——◇——◇
Lynn HutkinRSU◇——◇——◇
Lynn HutkinPSU◇◇◇◇◇—◇
Lynn HutkinRSU◇——◇——◇
Peter Bittner IIIRSU◇——◇——◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Farouq TuweiqRSU◇◇——
PSU◇◇——
Daniel BernsteinPSU◇◇——
Lynn HutkinRSU◇◇——
PSU◇◇——
Joseph BerryPSU◇◇——
Kenneth LaiPSU◇◇——
Peter Bittner IIIPSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
David Valletta
◇◇———◇◇
Mark B. Segall
◇◇———◇◇
Rita V. Smith
◇◇———◇◇
Eric Nowling
◇◇———◇◇
Peter Gilbert
◇◇———◇◇
Jacqueline Brito
◇◇———◇◇
Vincent Vellucci
◇◇———◇◇
Thomas E. Dooley
◇◇———◇◇
Daniel Bernstein
◇—————◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Lead independent director premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Equity is delivered as restricted stock units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • ACM Research, Inc ACMR
  • Allient Inc. ALNT
  • Alpha and Omega Semiconductor Limited AOSL
  • Arlo Technologies, Inc. ARLO
  • Aviat Networks, Inc. AVNW
  • Cambium Networks Corporation CMBM
  • CTS Corporation CTS
  • FARO Technologies, Inc. FARO
  • Ichor Holdings, Ltd. ICHR
  • Kimball Electronics, Inc. KE
  • NETGEAR, Inc. NTGR
  • nLIGHT, Inc. LASR
  • Northwest Pipe Company NWPX
  • PAR Technology Corporation PAR
  • Photronics, Inc. PLAB
  • Powell Industries, Inc. POWL
  • RF Industries, Ltd. RFIL
  • Richardson Electronics, Ltd. RELL
  • Standex International Corporation SXI
  • Thermon Group Holdings, Inc. THR
  • Veeco Instruments Inc. VECO
  • Vishay Precision Group, Inc. VPG

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 26, 2026=◇◇◇
2024May 27, 2025=◇◇◇
2023May 14, 2024=◇◇◇
2022May 23, 2023=◇◇◇
2021May 24, 2022=◇◇◇
2020May 18, 2021=◇◇◇
2019June 10, 2020=◇◇◇
2018May 21, 2019=◇◇◇
2017May 22, 2018=◇◇◇
2016May 23, 2017=◇◇◇
2015May 17, 2016=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
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What this page does not include

Everything above is a fact Bel Fuse disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Bel Fuse sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
212 figures on this page: 201 cited to the filing that reported them, 11 calculated from figures it prints.
201 cited to the filing
11 calculated from the filing

Documents cited

  1. 0001437749-26-018719
    Item 5.07. Submission of Matters to a Vote of Security Holders.
  2. 0001437749-26-011998
    Director Compensation · Pay Ratio Disclosure
  3. 0001437749-25-018655
    Item 5.07. Submission of Matters to a Vote of Security Holders.
  4. 0001437749-24-016579
    Item 5.07 Submission of Matters to a Vote of Security Holders
  5. 0001437749-23-015730
    Item 5.07 Submission of Matters to a Vote of Security Holders.
  6. 0001437749-22-013387
    Item 5.07 Submission of Matters to a Vote of Security Holders.
  7. 0001437749-21-012884
    Item 5.07 Submission of Matters to a Vote of Security Holders.
  8. 0001437749-20-012969
    Item 5.07 Submission of Matters to a Vote of Security Holders
  9. 0000729580-19-000015
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0000729580-18-000016
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0000729580-17-000016
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0000729580-16-000046
    ITEM 5.07. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Bel Fuse executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/BELFA (accessed 2026).
Short form: data: Velarion

The Bel Fuse brief, $1,500

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $1,200 for the board report; $2,400 for both.
Get the executive briefGet the board briefNo account needed.
12 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Peers Bel Fuse discloses

The companies named in BELFA's own disclosed peer group.

ACM Research, IncAllient Inc.Alpha and Omega Semiconductor LimitedArlo Technologies, Inc.Aviat Networks, Inc.Cambium Networks CorporationCTS CorporationFARO Technologies, Inc.Ichor Holdings, Ltd.Kimball Electronics, Inc.NETGEAR, Inc.nLIGHT, Inc.Northwest Pipe CompanyPAR Technology CorporationPhotronics, Inc.Powell Industries, Inc.Richardson Electronics, Ltd.Standex International CorporationThermon Group Holdings, Inc.Veeco Instruments Inc.Vishay Precision Group, Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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