---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-008555"
form_type: "8-K"
ticker: "CVRX"
cik: "0001235912"
company_name: "CVRx, Inc."
filed_at: "2024-01-31T23:59:59+00:00"
generated_at: "2026-06-06T13:03:44.595670+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CVRx appoints Kevin Hykes as President and CEO effective Feb 12, 2024; Yared retires

## Summary
- Hykes, a board member since Dec 2022, succeeds Nadim Yared who retires Feb 11, 2024 and will consult through Dec 2024 at $550/hr.
- Hykes receives $640K base salary, 75% target cash incentive, $150K sign-on bonus, and option for 360K shares vesting over 4 years.
- Option grant is an inducement award under Nasdaq Rule 5635(c)(4) with exercise price equal to closing price on Feb 12, 2024.
- Hykes brings 30 years med device experience; previously CEO of Augmedics, Bardy Diagnostics, Relievant Medsystems, and Cameron Health.

## SEC filing metadata
- accession: 0001104659-24-008555
- form_type: 8-K
- ticker: CVRX
- cik: 0001235912
- company_name: CVRx, Inc.
- filed_at: 2024-01-31T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1235912/000110465924008555/0001104659-24-008555-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1235912/000110465924008555/tm244504d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-008555
- JSON: https://secwatch.observer/filing/0001104659-24-008555.json
- Plain text: https://secwatch.observer/filing/0001104659-24-008555.txt

## Key facts
- Executive change
  Kevin Hykes was appointed as President and Chief Executive Officer at CVRx, Inc..
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: On January 31, 2024, CVRx, Inc. (the “Company”) announced that its Board of Directors (the “Board”) appointed Kevin Hykes as President and Chief Executive Officer (“CEO”), effective February 12, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1235912/000110465924008555/0001104659-24-008555-index.htm
- Executive change
  Nadim Yared retired as Chief Executive Officer at CVRx, Inc..
  - Action: retired
  - Role: Chief Executive Officer
  source text: Mr. Yared will retire from the Board at the time of his retirement as CEO and will consult with the Company to ensure a seamless transition.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1235912/000110465924008555/0001104659-24-008555-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.