Edition:
India

Bel Fuse Inc (BELFB.OQ)

BELFB.OQ on NASDAQ Stock Exchange Global Select Market

11.10USD
18 Sep 2020
Change (% chg)

$0.06 (+0.54%)
Prev Close
$11.04
Open
$11.19
Day's High
$11.28
Day's Low
$10.89
Volume
62,942
Avg. Vol
16,691
52-wk High
$21.47
52-wk Low
$6.33

Summary

Name Age Since Current Position

Daniel Bernstein

66 2001 President, Chief Executive Officer, Director

Peter Bittner

49 2015 President - Bel Connectivity Solutions

Craig Brosious

63 2017 Vice President - Finance, Treasurer, Secretary

Dennis Ackerman

57 2015 Vice President - Operations, President - Bel Power Solutions

Raymond Cheung

63 2007 Vice President - Asia Operations

Thomas Dooley

63 2020 Independent Director

Peter Gilbert

72 2018 Independent Director

Eric Nowling

63 2018 Independent Director

Mark Segall

57 2011 Independent Director

Rita Smith

69 2020 Independent Director

John Tweedy

74 1996 Independent Director

Vincent Vellucci

70 2018 Independent Director

Biographies

Name Description

Daniel Bernstein

Mr. Daniel J. Bernstein serves as President, Chief Executive Officer, Director of the Company. He previously served as Vice President (1985-1992) and Treasurer (1986-1992) and has served as a Director since 1986. He has occupied other positions with the Company since 1978. He is currently a director of Bel Fuse Inc., Cinch Connectors, Inc., Bel Transformer Inc., Bel Power Inc. and Bel Stewart GmbH.

Peter Bittner

Mr. Peter G. Bittner III serves as President - Bel Connectivity Solutions of the Company. Mr. Bittner began his career in 1991 at Stewart Connector Systems. He joined Insilco Technologies, Stewart Connector's parent company, in 1999, serving as Industry Marketing Manager. Following Insilco's acquisition by Bel in 2003, Mr. Bittner was named General Manager of Stewart Connector. Mr. Bittner assumed responsibility for the acquired businesses of Cinch Connectors, Gigacom Interconnect, Array Connector and Fibreco from their respective dates of acquisition. In May 2015, Mr. Bittner was named President of Bel Connectivity Solutions. He holds a Bachelor of Science degree in Business Management.

Craig Brosious

Mr. Craig Brosious serves as Vice President - Finance, Treasurer, Secretary of the Company. Mr. Brosious has been with Bel and its subsidiaries or acquired properties since 1994, and began his career with KPMG as a staff auditor in 1978. He joined Dentsply International, a multi-national manufacturer of dental supplies and equipment, in 1982 as a Senior Internal Auditor, responsible for financial and internal control audits of the North American locations. In 1984, he joined Ferranti International, a global provider of defense and security systems and technology, as Cost Accounting Manager, and later, was promoted to Controller of the Defense Systems Division. He joined the ESCOD Industries division of Insilco Corporation as the Controller in 1994, and in 1998 was appointed the Controller of the Stewart Connector Systems division. In 2000, he was promoted to Director of Finance of the Insilco Technologies Group, the parent company of Stewart and ESCOD, a position he held until Bel's acquisition of the group in 2003. Since that time, Mr. Brosious has been responsible for Bel's financial accounting operations at Bel locations worldwide, and has been active in Bel's M&A activities and tax strategy development. In May 2017, Mr. Brosious was named Vice President of Finance, Treasurer and Secretary.

Dennis Ackerman

Mr. Dennis Ackerman serves as Vice President - Operations, President - Bel Power Solutions of the Company. He was Vice President - Operations of Bel Fuse Inc. since 2001. He joined the Company in 1986 and has held the positions of Customer Service Manager, Sales Manager, Purchasing Manager and Operations Manager. In 2001, he was named Vice President of Operations and in June 2014, he was named President of Bel Power Solutions, Inc. In addition, Mr. Ackerman is currently a director of Dongguan Transpower Electric Products Company Limited. Mr. Ackerman has an MBA degree from Fairleigh Dickinson University.

Raymond Cheung

Mr. Raymond Cheung serves as Vice President - Asia Operations of the Company. He joined the Company in 1990 and has served as a Regional Sales Manager and most recently as Director of Sales for Asia. In October 2007, he was appointed Vice President Asia Operations. Mr. Cheung is currently a director of Bel Fuse (Macao Commercial Offshore) Limited and TRP Connector B.V. Prior to joining the Company, Mr. Cheung worked as a Design and Project Engineer at Astec Power Computer Products, and as a Technical Sales Manager at Asian Sources Magazine.

Thomas Dooley

Mr. Thomas E. Dooley serves as Independent Director of the Company. He is the former Interim CEO and Chief Operating Officer of Viacom Inc., a Fortune 500 entertainment company. Throughout his career at Viacom, Mr. Dooley held a variety of executive positions including Chief Operating Officer, Senior Executive Vice President, Chief Financial Officer and Chief Administrative Officer, and served on the Viacom board of directors for ten years. Prior to re-joining Viacom in 2006, Mr. Dooley was Co-Chairman and Chief Executive Officer of DND Capital Partners, L.L.C., a private equity firm specializing in media and telecommunications investments, from May 2000 until September 2006. Prior to that, Mr. Dooley held various corporate and divisional positions at a predecessor of Viacom, which he first joined in 1980, including Deputy Chairman and member of its Executive Committee. Mr. Dooley received a Bachelor’s Degree from St. John’s University and an M.B.A from New York University.

Peter Gilbert

Mr. Peter E. Gilbert serves as Independent Director of the Company. His experience in the Company's industry, as president and chief executive officer and a director of his own electrical components manufacturing business, his knowledge of Bel gained through his service as a director of the Company since 1987, his experience gained by serving as a director on various other boards, and his achievement of an MBA degree from Columbia University led the Board to conclude that this individual should serve as a director of the Company.

Eric Nowling

Mr. Eric M. Nowling serves as Independent Director of the Company. Mr. Nowling's 35 years of accounting and financial management experience, including his service in senior financial management positions at two publicly-traded technology companies for more than 25 years, and his educational accomplishments led the Board to believe that this individual should serve as a director of the Company. As Vice President of Global Accounting at Verint Systems Inc., Mr. Nowling is currently the chief accountant for a $1.2 billion technology company. Mr. Nowling holds a B.S. degree in Economics (magna cum laude), from the University of Pennsylvania's Wharton School of Business and is a CPA in the State of New York.

Mark Segall

Mr. Mark B. Segall serves as Independent Director of the Company. Mr. Segall has an extensive background in mergers and acquisitions, including his experience as the Senior Managing Director and founder of Kidron Corporate Advisors LLC, a mergers and acquisitions corporate advisory boutique firm. Mr. Segall received an AB in History from Columbia University and a JD from New York University Law School. His financial and investment banking experience, his educational background and the fact that he is an attorney all led the Board to conclude that he should serve as a director of Bel.

Rita Smith

Dr. Rita V. Smith serves as Independent Director of the Company. She a partner at C-Suites Healthcare Advisors, has an extensive track record spanning three decades in strategic resource planning and budgeting, information management systems, case management, and reporting and compliance. As the Senior Vice President of Patient Care Services and Chief Nursing Officer at Jersey City Medical Center/Robert Wood Johnson Barnabas Health for fifteen years, Dr. Smith had P&L responsibility for a staff of 1,500 and an operating budget of $150 million, and led the turnaround from annual multi-million dollar losses to profitability for her operating unit. Dr. Smith holds a Doctor of Nursing Practice from Rutgers University, a Master’s in Public Administration-Health Care Policy from New York University and a Bachelor’s Degree in Nursing from Kean University.

John Tweedy

Mr. John F. Tweedy serves as Independent Director of the Company. His business experience includes Vice President of Engineering and various positions held in corporate communications and public relations of companies in the electronics industry. This business experience, in addition to his knowledge and understanding of complex financial matters gained as an owner and operating manager of a financial consulting firm and his achievement of an MBA degree in business administration from Adelphi University, and a BSEE degree in engineering from Manhattan College, led the Board to conclude that this individual should serve as a director of the Company.

Vincent Vellucci

Mr. Vincent Vellucci serves as Independent Director of the Company. Mr. Vellucci has over 45 years of experience at Arrow Electronics, most recently serving as President of Americas Components. In this role, he was responsible for restructuring the Americas Electronics Components Division. Prior to this position, he served as Senior Vice President, Sales and he also held leadership positions in the emerging customer business unit, the military-aerospace business unit and in semiconductor marketing. Over the span of his career he has been instrumental in various business transformation initiatives including mergers and acquisitions and strategic market analysis. Mr. Vellucci has an educational background in marketing and attended the General Manager Program for Executives at the Harvard Business School.

Basic Compensation

Name Fiscal Year Total

Daniel Bernstein

830,335

Peter Bittner

935,682

Craig Brosious

806,313

Dennis Ackerman

896,830

Raymond Cheung

744,886

Thomas Dooley

--

Peter Gilbert

132,180

Eric Nowling

42,830

Mark Segall

34,200

Rita Smith

--

John Tweedy

130,680

Vincent Vellucci

59,840
As Of  31 Dec 2019