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AI brief of an SEC Form 8-K · NVE CORP /NEW/ (NVEC)

NVE Corp names Peter Eames CEO as Daniel Baker steps down; shareholders elect seven directors

Neutral Impact 4 of 5 leadership Written later

At its August 6, 2026 annual meeting, NVE shareholders elected all seven director nominees and approved executive pay and the auditor ratification. Daniel Baker retired as CEO under the previously announced succession plan, and Peter Eames became president and CEO while Baker became board chairman.

Key points

  • Daniel A. Baker retired as president and CEO effective at the shareholders' meeting and was elected chairman of the board.
  • Peter G. Eames was elected to the board and appointed president and chief executive officer.
  • Carolyn W. Valentine was elected to the board for the first time and appointed to the Compensation and Nominating/Corporate Governance committees; board size rose from five to seven.
  • Named executive officer compensation was approved with 3,011,073 votes for and 73,720 against; Boulay PLLP was ratified as auditor with 3,876,455 votes for.

The filing

CompanyNVE CORP /NEW/ (NVEC)
Form8-K, current report
Filed with the SECAug 10, 2026, 4:13 PM ET
Accession number0001376474-26-000547

Items reported: 5.02 Director / Officer Change5.07 Shareholder Vote Results

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 10, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.