Monitor the August 6, 2026 annual meeting for shareholder approval of the new CEO and board nominees. The internal promotion suggests continuity, but the stock has historically not reacted to neutral filings from this issuer. No immediate trading catalyst.
Price Chart
Executive Summary
NVE Corp announced CEO Daniel Baker's retirement effective August 6, 2026, with VP of Advanced Technology Peter Eames succeeding as President/CEO. The board also nominated a new director, expanding from five to seven members. This is a planned CEO succession with an internal promotion, not a sudden departure, making it a routine leadership transition.
Key Facts
- CEO Daniel A. Baker, age 68, will retire effective August 6, 2026 annual meeting
- Peter G. Eames, age 50, appointed President and CEO, effective same date
- Eames has been VP of Advanced Technology since 2016 and an NVE employee since 2003
- Baker will remain as Chairman of the Board pending shareholder approval
- Board nominated Carolyn W. Valentine as new director, expanding board from five to seven
- New CEO annual base salary set at $260,000 with performance-based compensation plan
- Current Chairman Terence W. Glarner, age 83, nominated to remain on the board
Financial Impact
No material financial impact from this leadership change; new CEO compensation plan ties 0.3% of fiscal 2027 operating income plus 2% of YoY operating income growth to performance
Risk Factors
- Shareholder vote on CEO and board changes at August 6 annual meeting could introduce uncertainty
- New CEO's compensation tied to operating income growth may signal focus on profitability over revenue growth
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001376474-26-000456 |
| Document: nve_ex99z1.htm | 0001376474-26-000456 |
| Document: 0001376474-26-000456-index-headers.html | 0001376474-26-000456 |
| Document: 0001376474-26-000456-index.html | 0001376474-26-000456 |
| Document: 0001376474-26-000456.txt | 0001376474-26-000456 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 21, 2026 5d ago | 8-K | $68.36 $72.64 | ▼ −6.26% | ▼ −6.78% | $75.56 (−10.53%) |
Aug 10, 2026 11w ago | 8-K | $116.87 $122.22 | ▲ +4.58% | ▲ +4.33% | $75.56 (−35.35%) |
Jun 22, 2026 18w ago | DEFA14A | $96.52 $91.17 | ▼ −5.54% | ▼ −5.50% | $75.56 (−21.72%) |
Jun 22, 2026 18w ago | DEFA14A | $96.52 $91.17 | ▼ −5.54% | ▼ −5.50% | $75.56 (−21.72%) |
Jun 22, 2026 18w ago | DEFA14A | $96.52 $91.17 | ▼ −5.54% | ▼ −5.50% | $75.56 (−21.72%) |
Jun 22, 2026 18w ago | 8-K | $96.52 $91.17 | ▼ −5.54% | ▼ −5.50% | $75.56 (−21.72%) |
Jun 12, 2026 19w ago | Institutional Cluster | $116.92 $114.36 | ▼ −2.19% | ▼ −3.95% | $75.56 (−35.37%) |
US Market Status
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