---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-017985"
form_type: "8-K"
ticker: "BELFA"
cik: "0000729580"
company_name: "BEL FUSE INC /NJ"
filed_at: "2025-05-21T23:59:59+00:00"
generated_at: "2026-05-20T23:12:19.053571+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Bel Fuse appoints Lynn Hutkin as CFO effective May 27, 2025

## Summary
- Lynn Hutkin promoted from VP of Financial Reporting & Investor Relations to CFO, succeeding Farouq Tuweiq who becomes CEO.
- Base salary of $300,000, target annual variable compensation of 125% of Base Salary (0-200% range).
- Eligible for annual long-term performance award of 75% of Base Salary; severance includes 12 months Base Salary if terminated without Cause.
- Employment agreement includes confidentiality, non-compete, non-solicitation, and clawback provisions.
- Appointment effective immediately following the 2025 Annual Meeting on May 27, 2025.

## SEC filing metadata
- accession: 0001437749-25-017985
- form_type: 8-K
- ticker: BELFA
- cik: 0000729580
- company_name: BEL FUSE INC /NJ
- filed_at: 2025-05-21T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/729580/000143774925017985/0001437749-25-017985-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/729580/000143774925017985/belfb20250519_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-017985
- JSON: https://secwatch.observer/filing/0001437749-25-017985.json
- Plain text: https://secwatch.observer/filing/0001437749-25-017985.txt

## Key facts
- Executive change
  Farouq Tuweiq was appointed as President and Chief Executive Officer at BEL FUSE INC /NJ.
  - Action: appointed to succeed
  - Role: President and Chief Executive Officer
  source text: Farouq Tuweiq (“ Mr. Tuweiq ”), Bel’s current Chief Financial Officer (“ CFO ”), principal financial officer and Treasurer, was appointed to succeed Daniel Bernstein as the Company’s President and Chief Executive Officer, effective immediately following the Company’s 2025 Annual Meeting
  evidence_url: https://www.sec.gov/Archives/edgar/data/729580/000143774925017985/0001437749-25-017985-index.htm
- Executive change
  Farouq Tuweiq was appointed as Director at BEL FUSE INC /NJ.
  - Action: appointed
  - Role: Director
  source text: the Board approved the expansion of the Board to ten directors and the appointment of Mr. Tuweiq as a director on the Board, effective as of the date of the 2025 Annual Meeting
  evidence_url: https://www.sec.gov/Archives/edgar/data/729580/000143774925017985/0001437749-25-017985-index.htm
- Executive change
  Lynn Hutkin was appointed as Chief Financial Officer at BEL FUSE INC /NJ.
  - Action: appointed
  - Role: Chief Financial Officer
  source text: On May 20, 2025, the Board appointed Lynn Hutkin (“ Ms. Hutkin ”), currently Bel’s Vice President of Financial Reporting and Investor Relations, as the Company’s new CFO, effective immediately following the 2025 Annual Meeting
  evidence_url: https://www.sec.gov/Archives/edgar/data/729580/000143774925017985/0001437749-25-017985-index.htm

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