• NVE named Peter G. Eames as president, CEO effective Aug. 6, 2026, at the annual shareholders’ meeting.
• Outgoing CEO Daniel A. Baker will retire from the role on that date.
• Baker is expected to stay on the board as chairman, subject to shareholder approval; current chairman Terrence W. Glarner stays on.
• Eames, vice president of advanced technology since 2016, joined NVE in 2003; he has led R&D, production expansions, capital investments.
• Board nominated Carolyn W. Valentine as a new director; board slated to expand to seven from five, pending shareholder approval.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NVE Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001376474-26-000456), on June 22, 2026, and is solely responsible for the information contained therein.