secwatch.observer — SEC 8-K summary
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Issuer:     NVE CORP /NEW/ (NVEC)
CIK:        0000724910
Form:       8-K
Filed at:   2023-05-08T23:59:59+00:00
Accession:  0001376474-23-000286
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

NVE Corp CFO Joseph Schmitz resigns; Daniel Nelson named Principal Financial Officer
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- Joseph R. Schmitz resigned as CFO effective May 5, 2023.
- Daniel Nelson, age 37, appointed Accounting Manager and Principal Financial Officer.
- Nelson joined NVE in Sep 2022; previously at RMH Tax & Business Advisors and Intelligere.
- Nelson holds Bachelor's and Master's in Accounting from University of Liberia; started career at Baker Tilly Liberia.
- Nelson signed non-compete, confidentiality, and invention assignment agreement; eligible for performance-based compensation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/724910/000137647423000286/0001376474-23-000286-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/724910/000137647423000286/nvec-20230505.htm
  HTML page:      https://secwatch.observer/filing/0001376474-23-000286

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer