secwatch.observer — SEC 8-K summary
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Issuer:     CHICAGO RIVET & MACHINE CO (CVR)
CIK:        0000019871
Form:       8-K
Filed at:   2023-05-09T23:59:59+00:00
Accession:  0001193125-23-138858
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/19871/000119312523138858/0001193125-23-138858-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/19871/000119312523138858/d421666d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-138858

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