secwatch.observer — SEC 8-K summary
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Issuer:     NVE CORP /NEW/ (NVEC)
CIK:        0000724910
Form:       8-K
Filed at:   2026-08-10T20:13:03+00:00
Accession:  0001376474-26-000547
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.07, 5.02
LLM model:  deepseek-v4-flash:cloud@v2

NVE CEO Baker retires; Eames named president and CEO at annual meeting
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- Daniel A. Baker retired as president/CEO effective Aug 6, 2026; reelected to board and elected chairman.
- Peter G. Eames elected to board and appointed president and CEO; succession was pre-announced June 22, 2026.
- Carolyn W. Valentine newly elected to board; appointed to Compensation and Nominating/Corporate Governance committees.
- Board expanded from five to seven directors with the elections of Eames and Valentine.
- All seven directors elected; say-on-pay approved 3,011,073 for; auditor Boulay PLLP ratified 3,876,455 for.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/724910/000137647426000547/0001376474-26-000547-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/724910/000137647426000547/nvec-20260806_8k.htm
  HTML page:      https://secwatch.observer/filing/0001376474-26-000547

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