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Bel Appoints Jacqueline Brito to Board of Directors

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Bel Fuse has appointed Jacqueline Brito to its Board of Directors, expanding board membership to nine, with eight independent members. Ms. Brito is the founder of HR Asset Partners, bringing expertise in leadership development and organizational culture. Her background includes tenure at Rollins College and Orlando Sentinel Communications. Bel aims to drive initiatives in corporate strategy and associate engagement, and Brito’s insights are expected to enhance management strategies, benefiting shareholders. She will stand for election at the 2022 annual shareholders meeting.

Positive
  • Jacqueline Brito's appointment may bring fresh perspectives and valuable expertise in leadership development.
  • Bel's focus on corporate strategy and ESG initiatives could enhance shareholder value.
Negative
  • Concerns may arise regarding continuity and experience gaps with the new board member's appointment.

JERSEY CITY, N.J., Oct. 28, 2021 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (“Bel,” or "the Company”) (Nasdaq:BELFA and Nasdaq:BELFB), a leading supplier of products that power, protect and connect electronic circuits, today announced that Jacqueline Brito has been appointed to Bel’s Board of Directors.

Ms. Brito, 57, is the founder and CEO of HR Asset Partners, a leadership strategy firm offering advisory services focused on organizational culture, human capital planning, and executive and transformational leadership coaching. Before launching HR Asset Partners during the pandemic, Jackie built a successful career in leadership development, succession planning, and positive employee relations.

Prior to launching HR Asset Partners, she served as the assistant dean of admission at Rollins College’s Crummer Graduate School of Business for nearly a decade. She provided executive, leadership, and transformational coaching for both graduate students, alumni, and employees. In that role, she was responsible for data-informed strategic planning and implementation of recruitment, admission, and marketing goals and worked closely with other senior leadership to achieve them.

Ms. Brito spent nearly 10 years with Orlando Sentinel Communications, advising and coaching managers and high-potential employees. She received a bachelor’s degree in Organizational Behavior and a Masters of Human Resource Management from Rollins College and continues to teach graduate-level business courses at her alma mater.  

“We’re pleased to be adding Jackie to the Board. Bel is planning several initiatives in the coming quarters around corporate strategy, associate engagement and retention, and ESG. Jackie’s extensive background in organizational culture and transformational leadership coaching will be a very valuable resource to Bel’s management team and ultimately to our shareholders,” commented Daniel Bernstein, President and Chief Executive Officer of Bel.

Upon the addition of Ms. Brito, the company’s board of directors will consist of nine members, eight of which are independent within the meaning of SEC and NASDAQ regulations. It is anticipated that Ms. Brito will stand for election for a one-year term at the Company’s 2022 annual shareholders meeting.

About Bel
Bel (www.belfuse.com) designs, manufactures and markets a broad array of products that power, protect and connect electronic circuits. These products are primarily used in the networking, telecommunications, computing, military, aerospace, transportation and broadcasting industries. Bel's product groups include Magnetic Solutions (integrated connector modules, power transformers, power inductors and discrete components), Power Solutions and Protection (front-end, board-mount and industrial power products, module products and circuit protection), and Connectivity Solutions (expanded beam fiber optic, copper-based, RF and RJ connectors and cable assemblies). The Company operates facilities around the world.

Investor Contact:
Bel Investor Relations
ir@belf.com

Company Contact:
Lynn Hutkin
Director of Financial Reporting
lynn.hutkin@belf.com

 


FAQ

Who was appointed to the Bel Fuse Board of Directors on October 28, 2021?

Jacqueline Brito was appointed to the Bel Fuse Board of Directors.

What will Jacqueline Brito's role be on the Board of Bel Fuse?

She will provide expertise in leadership development and organizational culture.

When will Jacqueline Brito stand for election as a board member?

She will stand for election at the 2022 annual shareholders meeting.

What initiatives is Bel Fuse planning in the coming quarters?

Bel is planning initiatives around corporate strategy, associate engagement, and ESG.

How many members are on Bel Fuse's Board of Directors after the recent appointment?

After the appointment of Jacqueline Brito, the board consists of nine members.

Bel Fuse Inc

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Electronic Components
Electronic Coils, Transformers & Other Inductors
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United States of America
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