Bel Fuse announced that Lynn Hutkin will succeed Farouq Tuweiq as the electronic-components maker’s chief financial officer, effective immediately following the company’s annual shareholder meeting on May 27.
Tuweiq will assume the role of president and CEO on that same date.
Bel said Hutkin joined the West Orange-based firm in 2007 and currently serves as vice president of financial reporting and investor relations, and as principal accounting officer. In addition to her primary roles, throughout her tenure at Bel, she has also been a leader in a variety of other areas including mergers and acquisitions, bank financing, corporate insurance and employee benefit programs.
In her new role, Hutkin will be responsible for Bel’s financial strategies and will lead the global finance organization in all facets including planning, treasury, tax, reporting and investor relations.
Hutkin started her career at Arthur Andersen within the audit group and subsequently held roles of increasing responsibility within finance at companies ranging from an IT consulting start-up to a $250 million publicly traded courier company prior to joining Bel.
“I am excited to continue working with Lynn and to build upon the accomplishments we have achieved since we began working together in 2021,” Tuweiq said. “Bel has gone through a number of transformational steps over the past four years and Lynn has been integral in strengthening best practices at Bel and enhancing financial discipline, financial reporting and internal procedures and controls throughout the organization.”
