Bel Fuse CEO Farouq Tuweiq base salary rises to $725,000 under amended employment deal

Bel Fuse Inc. Class A

Bel Fuse Inc. Class A

BELFA

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  • Bel Fuse amended employment terms for CEO Farouq Tuweiq, lifting base salary to $725,000 from $600,000, effective June 1, 2026.
  • Tuweiq’s target annual variable compensation rose to $2.1 million from $1.6 million; mix shifted to 40% cash, 60% RSUs.
  • His annual Long-Term Performance Award increased to $1.88 million from $1.2 million.
  • CFO Lynn Hutkin’s base salary increased to $400,000 from $300,000; variable pay target moved to 150% of salary from 125%.
  • Hutkin’s variable pay mix shifted to 55% cash, 45% RSUs; Long-Term Performance Award target increased to 100% of salary from 75%.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bel Fuse Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-022539), on July 02, 2026, and is solely responsible for the information contained therein.