---
schema_version: "secwatch.filing_event.v1"
accession: "0001376474-26-000456"
form_type: "8-K"
ticker: "NVEC"
cik: "0000724910"
company_name: "NVE CORP /NEW/"
filed_at: "2026-06-22T20:07:47+00:00"
generated_at: "2026-06-22T20:09:21.429813+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# NVE CEO Daniel Baker to retire Aug 6, 2026; Peter Eames named successor; board expands to 7

## Summary
- CEO Daniel Baker retires effective Aug 6, 2026; will remain Chairman if shareholders approve.
- Peter Eames appointed President & CEO; base salary $260k plus performance plan tied to fiscal 2027 operating income.
- Chairman Terry Glarner to step down but remain on Board; Carolyn Valentine nominated to Board, expanding from 5 to 7 directors.
- Eames joined NVE in 2003, served as VP of Advanced Technology since 2016, leading R&D and production expansions.

## SEC filing metadata
- accession: 0001376474-26-000456
- form_type: 8-K
- ticker: NVEC
- cik: 0000724910
- company_name: NVE CORP /NEW/
- filed_at: 2026-06-22T20:07:47+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/724910/000137647426000456/0001376474-26-000456-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/724910/000137647426000456/nvec-20260622_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001376474-26-000456
- JSON: https://secwatch.observer/filing/0001376474-26-000456.json
- Plain text: https://secwatch.observer/filing/0001376474-26-000456.txt

## Key facts
- Executive change
  Daniel A. Baker changed role as Chairman of the Board at NVE CORP /NEW/.
  - Action: retire as President and Chief Executive Officer
  - Role: Chairman of the Board
  source text: On June 22, 2026, NVE Corporation (the “Company”) announced that Daniel A. Baker, Ph.D., age 68, will retire as President and Chief Executive Officer effective at the Company’s Annual Shareholders’ meeting on August 6, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/724910/000137647426000456/0001376474-26-000456-index.htm
- Executive change
  Terence W. Glarner changed role as Director at NVE CORP /NEW/.
  - Action: nominated to remain on the Board
  - Role: Director
  source text: Current Chairman Terence W. Glarner, age 83, was nominated to remain on the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/724910/000137647426000456/0001376474-26-000456-index.htm
- Executive change
  Peter G. Eames was appointed as President and Chief Executive Officer at NVE CORP /NEW/.
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: The Board of Directors appointed Peter G. Eames, age 50, currently serving as Vice President of Advanced Technology, as President and Chief Executive Officer effective at that time.
  evidence_url: https://www.sec.gov/Archives/edgar/data/724910/000137647426000456/0001376474-26-000456-index.htm
- Executive change
  Caroyln W. Valentine was appointed as Director at NVE CORP /NEW/.
  - Action: nominated to the Board of Directors
  - Role: Director
  source text: Additionally, the Board nominated Caroyln W. Valentine to its Board of Directors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/724910/000137647426000456/0001376474-26-000456-index.htm

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