Bel Fuse Management
Management criteria checks 3/4
Bel Fuse's CEO is Daniel Bernstein, appointed in Jun 1992, has a tenure of 32.58 years. total yearly compensation is $1.53M, comprised of 39.2% salary and 60.8% bonuses, including company stock and options. directly owns 3.32% of the company’s shares, worth €32.61M. The average tenure of the management team and the board of directors is 2.8 years and 8.3 years respectively.
Key information
Daniel Bernstein
Chief executive officer
US$1.5m
Total compensation
| CEO salary percentage | 39.2% |
| CEO tenure | 32.6yrs |
| CEO ownership | 3.3% |
| Management average tenure | 2.8yrs |
| Board average tenure | 8.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$55m |
| Jun 30 2024 | n/a | n/a | US$66m |
| Mar 31 2024 | n/a | n/a | US$75m |
| Dec 31 2023 | US$2m | US$600k | US$74m |
| Sep 30 2023 | n/a | n/a | US$76m |
| Jun 30 2023 | n/a | n/a | US$73m |
| Mar 31 2023 | n/a | n/a | US$62m |
| Dec 31 2022 | US$825k | US$400k | US$53m |
| Sep 30 2022 | n/a | n/a | US$47m |
| Jun 30 2022 | n/a | n/a | US$36m |
| Mar 31 2022 | n/a | n/a | US$27m |
| Dec 31 2021 | US$874k | US$400k | US$25m |
| Sep 30 2021 | n/a | n/a | US$20m |
| Jun 30 2021 | n/a | n/a | US$22m |
| Mar 31 2021 | n/a | n/a | US$20m |
| Dec 31 2020 | US$655k | US$400k | US$13m |
| Sep 30 2020 | n/a | n/a | US$3m |
| Jun 30 2020 | n/a | n/a | -US$11m |
| Mar 31 2020 | n/a | n/a | -US$14m |
| Dec 31 2019 | US$830k | US$400k | -US$9m |
| Sep 30 2019 | n/a | n/a | US$2m |
| Jun 30 2019 | n/a | n/a | US$19m |
| Mar 31 2019 | n/a | n/a | US$23m |
| Dec 31 2018 | US$705k | US$400k | US$21m |
Compensation vs Market: Daniel's total compensation ($USD1.53M) is about average for companies of similar size in the German market ($USD1.41M).
Compensation vs Earnings: Daniel's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Daniel Bernstein (70 yo)
32.6yrs
Tenure
US$1,529,476
Compensation
Mr. Daniel Bernstein has been the Chief Executive Officer and President of Bel Fuse Inc. since May 2001 and June 1992 respectively. Mr. Bernstein has been the Managing Director of Macau, a subsidiary of Be...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 32.6yrs | US$1.53m | 3.32% € 32.6m | |
| CFO, Principal Financial Officer & Treasurer | 3.9yrs | US$1.16m | 0.36% € 3.5m | |
| Global Head of People | 2.2yrs | US$1.11m | 0.095% € 931.0k | |
| VP & President of Bel Connectivity Solutions | 9.7yrs | US$701.60k | 0.23% € 2.3m | |
| Principal Accounting Officer | 3.5yrs | no data | 0.16% € 1.6m | |
| Global Head of Sales & Marketing | less than a year | no data | no data | |
| Global ESG Director | 2.2yrs | no data | no data | |
| VP & President of Bel Power Solutions & Protection | less than a year | no data | 0.13% € 1.3m |
2.8yrs
Average Tenure
50yo
Average Age
Experienced Management: BF2B's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 39yrs | US$1.53m | 3.32% € 32.6m | |
| Independent Director | 10.5yrs | US$62.95k | 0.098% € 964.4k | |
| Independent Director | 4.9yrs | US$45.70k | 0.035% € 344.3k | |
| Independent Lead Director | 38yrs | US$62.67k | 0.17% € 1.6m | |
| Independent Director | 13.4yrs | US$58.70k | 0.099% € 971.3k | |
| Independent Director | 8.3yrs | US$56.20k | 0.059% € 579.4k | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 4.9yrs | US$84.20k | 0.035% € 344.3k | |
| Independent Director | 3.3yrs | US$107.87k | 0.034% € 332.7k |
8.3yrs
Average Tenure
67yo
Average Age
Experienced Board: BF2B's board of directors are considered experienced (8.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/09 19:32 |
| End of Day Share Price | 2025/01/08 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Bel Fuse Inc. is covered by 6 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Herve Francois | B. Riley Securities, Inc. |
| Theodore O'Neill | Litchfield Hills Research, LLC |
| James Ricchiuti | Needham & Company |