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Bel Fuse Executive Compensation (FY25)

BELFB · Executive and director compensation, fiscal 2022 to 2025
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
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Data as of November 4, 2026Latest filing (8-K): May 28, 2026
18 filings cited on this page
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230 figures on this page: 219 cited to the filing that reported them, 11 calculated from figures it prints. See the citations

More on Bel Fuse

Five data products on this company. Each one is requested through the developer setup page.
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)
CEO pay ratio: 284:1 → 692:1 (143.7% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Bel Fuse's chief executive and what were they paid?
Total compensation for Farouq Tuweiq, President and Chief Executive Officer (Former Chief Financial Officer and Treasurer), came to $4,909,182 in fiscal 2025. Tuweiq's total was up from the $962,365 reported for fiscal 2024.
What was Bel Fuse's say-on-pay result?
Shareholders supported the say-on-pay proposal with 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. (formerly Allied Motion Technologies 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 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Farouq Tuweiq
Chief Financial Officer and Treasurer
◇◇◇———◇◇
Daniel Bernstein
President and Chief Executive Officer
◇◇————◇◇
Dennis Ackerman
President of Bel Power Solutions
◇◇————◇◇
Raymond Cheung
Vice President Asia Operations
◇◇————◇◇
Peter Bittner III
President of Bel Connectivity Solutions
◇◇————◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Daniel Bernstein
President, Chief Executive Officer and Director
◇◇——◇◇◇◇
Farouq Tuweiq
Chief Financial Officer and Treasurer
◇◇——◇—◇◇
Suzanne Kozlovsky
Global Head of People
◇◇◇—◇—◇◇
Dennis Ackerman
President of Bel Power Solutions
◇◇——◇—◇◇
Peter Bittner III
President of Bel Connectivity Solutions
◇◇——◇◇◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Daniel Bernstein
President and Chief Executive Officer
◇—◇—◇◇◇◇
Farouq Tuweiq
Chief Financial Officer and Treasurer
◇—◇—◇—◇◇
Stephen Dawson
President of Bel Power Solutions
◇—◇—◇—◇◇
Kenneth Lai
Vice President of Asia Operations
◇—◇—◇—◇◇
Peter Bittner III
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)
◇—◇—◇—◇◇
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 TuweiqRSU◇——◇——◇
Farouq TuweiqPSU◇◇◇—◇—◇
Joseph BerryRSU◇——◇——◇
Joseph BerryRSU◇——◇——◇
Kenneth LaiRSU◇——◇——◇
Lynn HutkinPSU◇◇◇—◇—◇
Lynn HutkinRSU◇——◇——◇
Lynn HutkinRSU◇——◇——◇
Peter Bittner IIIRSU◇——◇——◇
Fiscal 2022, 2023, 2024 are included in the PDF.
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.

Severance and change in control

The terms as written in the agreements.
Daniel Bernstein
Former President and Chief Executive Officer · Employment agreement
Severance cash amount◇
Benefits continuation◇
Clawback◇
Farouq Tuweiq
President and Chief Executive Officer (Former Chief Financial Officer and Treasurer) · Employment agreement
Severance multiple◇
Severance base◇
Lynn Hutkin
Chief Financial Officer, Treasurer and Secretary · Employment agreement
Severance multiple◇
Severance base◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Non-compete period◇
Non-solicit period◇

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
◇◇———◇◇
Daniel Bernstein
◇—————◇
Earlier years are included in the PDF.
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◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇

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. (formerly Allied Motion Technologies 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
◇

Ask our research desk — $99, 24h, every figure cited to its filing.

Sample answer — “What is the CEO’s total compensation?”
- Farouq Tuweiq (President and Chief Executive Officer (Former Chief Financial Officer and Treasurer)), FY2025 total compensation $4,909,182 (base salary $509,711) [exec_comp, SEC accession 0001437749-26-011998, filed 2026-04-10]

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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 — $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 — $500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $500
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.
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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.
230 figures on this page: 219 cited to the filing that reported them, 11 calculated from figures it prints.
219 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
  5. 0001437749-25-011718
    Summary Compensation Table
  6. 0001437749-24-016579
    Item 5.07 Submission of Matters to a Vote of Security Holders
  7. 0001437749-24-010244
    SUMMARY COMPENSATION TABLE
  8. 0001437749-23-015730
    Item 5.07 Submission of Matters to a Vote of Security Holders
  9. 0001437749-23-009823
    SUMMARY COMPENSATION TABLE
  10. 0001437749-22-013387
  12. 0001437749-21-012884
  13. 0001437749-20-012969
  14. 0000729580-19-000015
  15. 0000729580-18-000016
  16. 0000729580-17-000016
  17. 0000729580-16-000046
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Bel Fuse executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/BELFB (accessed 2026).
Short form: data: Velarion

The paid brief for Bel Fuse

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 $500 for the board report; $900 for both.
Get the executive briefGet the board briefNo account needed.
18 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 BELFB's own disclosed peer group.

ACM Research, IncAllient Inc. (formerly Allied Motion Technologies Inc.)Alpha and Omega Semiconductor LimitedArlo Technologies, Inc.Aviat Networks, Inc.CTS CorporationFARO Technologies, Inc.Ichor Holdings, Ltd.Kimball Electronics, Inc.NETGEAR, Inc.nLIGHT, Inc.Northwest Pipe CompanyPAR Technology CorporationPhotronics, Inc.Powell Industries, Inc.RF Industries, Ltd.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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