---
title: "Bel Fuse boosts CEO Farouq Tuweiq and CFO Lynn Hutkin pay and awards"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291588282.md"
description: "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."
datetime: "2026-07-02T20:43:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291588282.md)
  - [en](https://longbridge.com/en/news/291588282.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291588282.md)
generator: "portal-rs"
---

# Bel Fuse boosts CEO Farouq Tuweiq and CFO Lynn Hutkin pay and awards

**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

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**