CVD Equipment appoints Dr. Ashraf Lotfi to Board, expands from five to six directors

CVD EQUIPMENT CORP

Dr. Ashraf Lotfi appointed to CVD Equipment's Board effective August 18, 2023; board expanded from five to six members.
Lotfi brings semiconductor and power electronics expertise; previously VP and Fellow at Intel, CEO/Founder of Enpirion.
He will serve on Audit, Compensation, and Nominating committees; qualifies as independent under Nasdaq rules.
As non-employee director, receives $40,000 annual cash and $40,000 in restricted stock vesting quarterly over one year.

item 5.02 item 9.01

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Appointed

Dr. Ashraf Lotfi

Director

CVV · CVD EQUIPMENT CORP

Effective: 2023-08-18
Filed: August 21, 2023, 7:59 PM ET

On August 18, 2023, the Board of Directors (the “Board”) of CVD Equipment Corporation (the “Company”) voted to appoint Dr. Ashraf Lotfi to serve as a member of the Board, effective August 18, 2023.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Dr. Ashraf Lotfi was appointed as Director at CVD EQUIPMENT CORP.

Action: appointed
Role: Director

Exact text from the filing

On August 18, 2023, the Board of Directors (the “Board”) of CVD Equipment Corporation (the “Company”) voted to appoint Dr. Ashraf Lotfi to serve as a member of the Board, effective August 18, 2023.

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CVD EQUIPMENT CORP filing history →

Source: SEC EDGAR

accession 0001437749-23-024283

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