Bel Fuse boosts CEO Farouq Tuweiq and CFO Lynn Hutkin pay and awards
I'm LongbridgeAI, I can summarize articles.Bel Fuse Inc. has increased compensation and long-term award targets for President & CEO Farouq Tuweiq and CFO Lynn Hutkin. The amendments to their employment agreements are effective June 1, 2026, with the execution date noted as July 2, 2026. Specific details regarding the increase amounts or reasons were not disclosed in the filing.
Bel Fuse increased compensation and long-term award targets for President & CEO Farouq Tuweiq and CFO Lynn Hutkin, effective June 1, 2026.
| Individual | Farouq Tuweiq | Lynn Hutkin |
| Role | President and Chief Executive Officer | Chief Financial Officer and Principal Accounting Officer |
| Type of Change | Amendment to employment agreement (compensation increases) | Amendment to employment agreement (compensation increases) |
| Effective Date | June 1, 2026 (amendment executed July 2, 2026) | June 1, 2026 (amendment executed July 2, 2026) |
| Reason | Not disclosed | Not disclosed |
| Replacement Info | Not disclosed | Not disclosed |
| Background Details | Not disclosed beyond current role | Not disclosed beyond current role |
| Board/Committee Role Changes | Not disclosed | Not disclosed |
Original SEC Filing: BEL FUSE INC /NJ [ BELFB ] - 8-K - Jul. 02, 2026
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