Bel Names Norman Yeung to Its Board of Directors
July 30 2013 - 10:36AM
Business Wire
BEL FUSE INC. (NASDAQ:BELFA) and (NASDAQ:BELFB) announced
today that Norman Yeung has been appointed to the company's Board
of Directors. Mr. Yeung's appointment increases the number of Board
members to eight, including six outside Directors.
Daniel Bernstein, Bel's President and CEO, said, "Norman Yeung
brings to our Board more than 34 years of experience in the
electronic components industry in the Far East. A seasoned
executive, Norman also founded and built two successful electronics
companies in China, where Bel does a great deal of its business. We
expect his knowledge and directly relevant industry experience to
be of great value as we pursue Bel's long term growth plan."
Norman Yeung, 59 years old, is the recently retired CEO of YEL
Electronics Hong Kong Ltd., an electronic components distributor in
China which he founded in 1992 and built into a US$300 million
company. YEL Electronics was acquired in 2008 by NYSE-listed Avnet,
one of the world's largest distributors of electronic components,
computer products and technology services and solutions. Formerly a
board member and Corporate Vice President at AVX Corporation, also
an NYSE-listed electronic components company, Mr. Yeung founded AVX
subsidiary AVX Asia Ltd., and managed its growth into a US$200
million business.
Mr. Yeung holds a BSEE from UCLA. He resides in Hong Kong.
About Bel
Bel (www.belfuse.com) and its divisions are primarily engaged in
the design, manufacture, and sale of products used in networking,
telecommunications, high-speed data transmission, commercial
aerospace, military, transportation, and consumer electronics.
Products include magnetics (discrete components, power transformers
and MagJack® connectors with integrated magnetics), modules (DC-DC
converters and AC-DC power supplies, integrated analog front-end
modules and custom designs), circuit protection (miniature, micro
and surface mount fuses) and interconnect devices (micro, circular
and filtered D-Sub connectors, fiber optic connectors, passive
jacks, plugs and high-speed cable assemblies). The Company operates
facilities around the world.
Investor Contact:Neil Berkman
Associates310-477-3118info@berkmanassociates.comorCompany
Contact:Bel Fuse Inc.Daniel
BernsteinPresident201-432-0463ir@BelFuse.comwww.belfuse.com
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