---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-138858"
form_type: "8-K"
ticker: "CVR"
cik: "0000019871"
company_name: "CHICAGO RIVET & MACHINE CO"
filed_at: "2023-05-09T23:59:59+00:00"
generated_at: "2026-06-15T10:30:17.960953+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Chicago Rivet & Machine names Gregory D. Rizzo as CEO, effective May 9, 2023

## Summary
- Gregory D. Rizzo appointed CEO; annual base salary $315,000 plus $26,000 sign-on bonus.
- Rizzo eligible for annual bonus up to 30% of base salary based on financial and non-financial metrics.
- Severance equal to one year of base salary if terminated without cause within 12 months.
- Michael J. Bourg served as principal executive officer from Dec 10, 2022 to May 9, 2023.
- Board intends to appoint Rizzo as a director after the annual meeting on May 9, 2023.

## SEC filing metadata
- accession: 0001193125-23-138858
- form_type: 8-K
- ticker: CVR
- cik: 0000019871
- company_name: CHICAGO RIVET & MACHINE CO
- filed_at: 2023-05-09T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- EDGAR index: https://www.sec.gov/Archives/edgar/data/19871/000119312523138858/0001193125-23-138858-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/19871/000119312523138858/d421666d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-138858
- JSON: https://secwatch.observer/filing/0001193125-23-138858.json
- Plain text: https://secwatch.observer/filing/0001193125-23-138858.txt

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