---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-024283"
form_type: "8-K"
ticker: "CVV"
cik: "0000766792"
company_name: "CVD EQUIPMENT CORP"
filed_at: "2023-08-21T23:59:59+00:00"
generated_at: "2026-06-11T06:39:02.212156+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001437749-23-024283
- form_type: 8-K
- ticker: CVV
- cik: 0000766792
- company_name: CVD EQUIPMENT CORP
- filed_at: 2023-08-21T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/766792/000143774923024283/0001437749-23-024283-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/766792/000143774923024283/cvv20230821_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-024283
- JSON: https://secwatch.observer/filing/0001437749-23-024283.json
- Plain text: https://secwatch.observer/filing/0001437749-23-024283.txt

## Key facts
- Executive change
  Dr. Ashraf Lotfi was appointed as Director at CVD EQUIPMENT CORP.
  - Action: appointed
  - Role: Director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/766792/000143774923024283/0001437749-23-024283-index.htm

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