JERSEY CITY, N.J.--(BUSINESS WIRE)--
Bel Fuse Inc. (NASDAQ:BELFA) (NASDAQ:BELFB) announced today that
Mark B. Segall has been appointed to its Board of Directors. Segall, 49
years old, is Senior Managing Director of Kidron Corporate Advisors LLC,
a New York based mergers and acquisitions corporate advisory boutique
serving emerging growth companies primarily in the technology, media and
financial services sectors, which he founded in 2003. He is also the CEO
of Kidron Capital Advisors LLC, a registered broker dealer. Mr. Segall
becomes the eighth member of Bel's Board and the sixth outside director.
"We welcome Mark Segall to Bel's Board of Directors," said Daniel
Bernstein, Bel's President and CEO. "Mark brings an important skill set
to his new role at Bel. His years of experience in technology M&A will
be especially valuable to our company as we continue to seek acquisition
opportunities with the potential to increase shareholder value."
Prior to founding Kidron, Segall was the Co-Chief Executive Officer at
Investec, Inc., the United States investment banking operation of the
Investec Group, a South African based specialist bank. He also served as
head of investment banking and general counsel at Investec Inc.
Previously, he was a partner at the law firm of Kramer, Levin, Naftalis
& Frankel LLP, where he specialized in cross-border mergers and
acquisitions and capital markets activities.
Segall has been a director of various public company boards including
Integrated Asset Management plc, since 2000, Ronson Europe N.V., since
2008, where he was recently appointed Chairman, and Temco Service
Industries, Inc. since February 2011. He also served as a director and
was chairman of the finance committee of Answers Corporation, and as a
director of the Spectrum Group, Cogo Group Inc. and Siliconix Inc.
Mr. Segall received an AB in History from Columbia University and a JD
from New York University Law School.
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, 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, passive jacks, plugs and high-speed cable assemblies). The
Company operates facilities around the world.
Bel Fuse Inc.
Daniel Bernstein, 201-432-0463
President
& CEO
www.belfuse.com
or
Investor
Contact:
Neil Berkman Associates
310-477-3118
info@berkmanassociates.com
Source: Bel Fuse Inc.
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