Effusive Praise

Bel Fuse CEO completes a 45-year run at New Jersey circuit company

A New Jersey company is turning the page with new leadership, building on success as a power products, circuit protection, and transformer manufacturer founded in 1949.

After more than two decades leading the West Orange, NJ company as President and CEO, and over 45 years of total service, Dan Bernstein will be stepping into a new role as Chairman of the Board following the Annual Meeting on May 27.

Dan’s tenure as CEO began in 2001, and during that time, he led Bel through a period of significant transformation. Under his guidance, Bel grew from under $100 million in revenue to more than $600 million, expanded the global footprint, and completed 19 strategic acquisitions. "His impact goes beyond numbers, his vision, drive, and belief in people have built a company that has a passion for progress, openness to new ideas, and a drive to get things done," said a Bel May 27 press release.

Dan Bernstein

With this transition, Farouq Tuweiq steps into the role of CEO. Since joining Bel in 2021 as Chief Financial Officer and bringing with him a background in investment banking, "Farouq has been instrumental in strengthening Bel’s financial foundation, refining its strategic direction, and positioning the company for long-term growth," Bel stated, adding an endorsement from the outgoing chief. "Dan is enthusiastic about Bel’s future under Farouq’s leadership and has full confidence that his vision, discipline, and deep understanding of the business will lead Bel to new heights."