Bel Fuse Inc (BELFB) company profile
Close on Oct 30, 2026Market cap $4.14BP/E –Yield –
About Bel Fuse
Electronic Coils, Transformers & Other Inductors, SIC 3677
Bel Fuse Inc. designs, manufactures, and sells components that power, protect, and connect electronic circuits. The company operates through three segments: Power Solutions and Protection, Connectivity Solutions, and Magnetic Solutions. Its portfolio includes front-end and board-mount power supplies, circuit protection fuses, optical fiber and copper connectors, cable assemblies, integrated connector modules, and power transformers. Bel supplies customers across industries such as commercial aerospace, defense, telecommunications, networking, computing, transportation, medical technology, and general industrial sectors.
Headquartered in West Orange, New Jersey, the enterprise maintains manufacturing and operational facilities across North America, Asia, and the EMEA region. Bel operates 15 manufacturing facilities worldwide and employs approximately 4,964 workers across 15 countries, with significant workforces in the United States, China, Mexico, Slovakia, the Dominican Republic, Israel, India, and the United Kingdom. Bel markets its products internationally through direct sales personnel, independent representative firms, and authorized distributors.
Summary of the business section of Bel Fuse's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Bel Fuse Inc
- Founded
- 1949
- Headquarters
- West Orange, NJ
- Address
- 300 Executive Drive, Suite 300 07052
- Phone
- (201) 432-0463
- Website
- belfuse.com
- Employees
- 321, Dec 31, 2025
- Industry
- Electronic Coils, Transformers & Other Inductors
- Incorporated in
- New Jersey
- Fiscal year ends
- December 31
- Auditor
- GRANT THORNTON LLP, Iselin, New Jersey
Stock & identifiers
- Ticker
- BELFB
- Other tickers
- BELFA
- Exchange
- Nasdaq
- IPO date
- Dec 6, 1983
- Shares outstanding
- 14M, Jul 31, 2026
- Public float
- $1.20B, Jun 30, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 2-for-1, Dec 2, 1999; 2-for-1, Jul 11, 1984
- SEC CIK
- 729580
- CUSIP
- 077347300
- ISIN
- US0773473006
- FIGI
- BBG000DYGCS6
- Share class FIGI
- BBG001S93K81
- LEI
- 2549009L4XYDBRRY6X39
- EIN
- 22-1463699
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Farouq Salem Ali Tuweiq | President and CEO, Director | 38,324 |
| Suzanne Kozlovsky | Global Head of People | 12,742 |
| Stephen Dawson | Pres. - Power Solutions | 14,007 |
| Kenneth Koon Keung Lai | VP of Asia Operations | 7,532 |
| Joseph Berry | VP, Pres of Magnetic Solutions | 22,318 |
| Peter Bittner | Pres. - Connectivity Solution | 5,363 |
| Lynn Hutkin | Chief Financial Officer | 26,666 |
| Thomas Smelker | Pres. - Connectivity Solution | 3,111 |
| Vincent Vellucci | Director | 7,434 |
| Peter E. Gilbert | Director | 18,262 |
| Mark B. Segall | Director | 13,527 |
| Rita Smith | Director | 5,827 |
| David Valletta | Director | 3,171 |
| Daniel Bernstein | Director | 409,752 |
| Jacqueline T. Brito | Director | 4,552 |
| Eric M. Nowling | Director | 12,612 |
| Thomas E. Dooley | Director | 4,797 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 CEO | $4.91M | $12.01M | $1.16M | $1185 | $395 |
| FY2025 Former CEO | $1.60M | $3.51M | $1.16M | $1185 | $395 |
| FY2024 CEO | $0 | $0 | $817.03K | $574 | $129 |
| FY2024 Former CEO | $2.01M | $2.40M | $817.03K | $574 | $129 |
| FY2023 CEO | $0 | $0 | $1.02M | $463 | $77 |
| FY2023 Former CEO | $1.71M | $1.91M | $1.02M | $463 | $77 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Stock awards | Incentive pay | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|
| Daniel Bernstein Former President and Chief Executive Officer | $243.46K | $690.72K | $281.25K | $380.85K | $1.60M | -21% |
| Farouq Tuweiq President and Chief Executive Officer (Former Chief Financial Officer and Treasurer) | $509.71K | $3.30M | $1.00M | $99.72K | $4.91M | +410% |
| Lynn Hutkin Chief Financial Officer, Treasurer and Secretary | $263.89K | $981.56K | $246.09K | $110.79K | $1.60M | – |
| Joseph Berry Former President of Bel Magnetic Solutions | $220.00K | $785.14K | $123.75K | $137.00K | $1.27M | – |
| Kenneth Lai Vice President of Asia Operations | $225.00K | $21.77K | $194.06K | $548.01K | $988.84K | +35% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
Employees
Headcount reported in annual reports
“Enercon has approximately 321 employees located in Israel.”
Corporate history
Events identified from SEC filings