Bel Fuse Announces Retirement of Pete Bittner and Appointment of Thomas Smelker as President of Connectivity Solutions

BEL FUSE INC /NJ

Pete Bittner will retire on April 3, 2026 after 35 years at Bel Fuse; under his leadership Connectivity Solutions profitability doubled over four years.
Thomas Smelker appointed Vice President and President of Bel Connectivity Solutions effective January 26, 2026, succeeding Bittner.
Smelker joins from Mercury Systems (NASDAQ: MRCY) where he was SVP, managing a $400M+ P&L and leading operational turnarounds.
Smelker’s employment agreement includes a $450,000 base salary, target variable compensation of 125% of base, and a $1,050,000 sign-on bonus.
Smelker has nearly 30 years of experience including 19 years at Raytheon in secure microelectronics and aerospace/defense roles.

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