Bel Fuse (BELFB) executive compensation, 2026 proxy

Farouq Tuweiq, President and Chief Executive Officer, was paid $4.9M in 2025, up 410% from $962,365 the year before. The CEO-to-median-employee pay ratio was 692:1, on median employee pay of $8,977.

Filed
April 10, 2026
Annual meeting
May 26, 2026
Pay year
2025
Named executives
6
CEO total pay
$4.9M+410% vs prior year
CEO to median employee
692:1median $8,977
CEO pay in equity
67%$3.3M in awards
CEO Total Compensation
$4,909,182For Farouq Tuweiq in 2025
CEO Non-Equity Incentive
$1,000,000Earned under 2025 incentive program
Median Employee Pay
$8,977Assembly operator located in Mexico
Pay Ratio
692:1CEO to median employee pay ratio

How Tuweiq was paid

$4.9M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary10%Stock awards67%Non-equity incentive20%All other compensation2%

Named executive officers

ExecutiveTotal
Daniel BernsteinFormer President and Chief Executive Officer$1,596,275
Farouq TuweiqPresident and Chief Executive Officer$4,909,182
Lynn HutkinChief Financial Officer, Treasurer and Secretary$1,602,323
Peter Bittner IIIFormer President of Bel Connectivity Solutions$763,408
Joseph BerryFormer President of Bel Magnetic Solutions$1,265,885
Kenneth LaiVice President of Asia Operations$988,844

What changed and why

  • $4.9MFarouq Tuweiq received $4,909,182 in total compensation for 2025 following his appointment as Chief Executive Officer.
  • $1.6MDaniel Bernstein received $1,596,275 in total compensation for serving as President and CEO for part of 2025.
  • $1MNon-equity incentive plan compensation of $1,000,000 was earned by the CEO for 2025 performance.
  • $3.3MStock awards granted to Farouq Tuweiq totaled $3,299,751 in grant date fair value.
  • The CEO to median employee pay ratio was estimated to be 692 to 1.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.