---
schema_version: "secwatch.filing_event.v1"
accession: "0000913142-23-000006"
form_type: "8-K"
ticker: "BDC"
cik: "0000913142"
company_name: "BELDEN INC."
filed_at: "2023-02-23T23:59:59+00:00"
generated_at: "2026-06-19T03:51:53.822186+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Belden appoints Ashish Chand as President and CEO after Roel Vestjens resigns

## Summary
- Ashish Chand, formerly EVP Industrial Automation, named President and CEO effective February 22, 2023.
- Roel Vestjens resigned as President and CEO for personal reasons, unrelated to company performance.
- Chand's base salary set at $900,000; target annual cash incentive 120% of salary; LTI 400% of salary.
- Belden reaffirms Q1 2023 GAAP EPS $1.29-$1.39 and FY 2023 GAAP EPS $5.73-$6.13.
- Company reiterates target of $8.00+ adjusted EPS by 2025.

## SEC filing metadata
- accession: 0000913142-23-000006
- form_type: 8-K
- ticker: BDC
- cik: 0000913142
- company_name: BELDEN INC.
- filed_at: 2023-02-23T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/913142/000091314223000006/0000913142-23-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/913142/000091314223000006/bdc-20230222.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000913142-23-000006
- JSON: https://secwatch.observer/filing/0000913142-23-000006.json
- Plain text: https://secwatch.observer/filing/0000913142-23-000006.txt

## Key facts
- Executive change
  Roel Vestjens resigned as President and Chief Executive Officer at BELDEN INC..
  - Action: resigned
  - Role: President and Chief Executive Officer
  source text: Dr. Chand succeeds Roel Vestjens, who resigned as President and Chief Executive Officer and a member of the Board, effective as of February 22, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/913142/000091314223000006/0000913142-23-000006-index.htm
- Executive change
  Ashish Chand was appointed as President and Chief Executive Officer at BELDEN INC..
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: The Board of Directors (the “Board”) of Belden Inc. (the “Company”) has named Ashish Chand, formerly the Company’s Executive Vice President, Industrial Automation, as President and Chief Executive Officer and as a member of the Board, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/913142/000091314223000006/0000913142-23-000006-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.