NVEC - NVE Corporation

NasdaqCM - NasdaqCM Real Time Price. Currency in USD

NVE Corporation

11409 Valley View Road
Eden Prairie, MN 55344
United States
952-829-9217
http://www.nve.com

SectorTechnology
IndustrySemiconductors
Full Time Employees48

Key Executives

NameTitlePayExercisedYear Born
Dr. Daniel A. BakerCEO, Pres & Director397.89kN/A1958
Mr. Curt A. ReyndersCFO, Treasurer & Sec.221.99kN/A1963
Mr. Peter G. EamesVP of Advanced Technology172kN/A1976
Mr. John K. MyersVP of New Bus. Devel.N/AN/A1949
Mr. Jay L. BrownVPN/AN/A1959
Amounts are as of December 31, 2019 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

NVE Corporation develops and sells devices that use spintronics, a nanotechnology that utilizes electron spin to acquire, store, and transmit information. The company manufactures spintronic products, including sensors and couplers for use in acquiring and transmitting data. Its products comprise standard sensors to detect the presence of a magnetic or metallic material to determine position or speed primarily for the factory automation market; and custom and medical sensors for medical devices to replace electromechanical magnetic switches. The company also offers spintronic couplers, such as IL500-series couplers, IL600-series passive-input couplers, IL700/IL200-series high-speed couplers, IL4/IL3-series isolated network couplers, and IL800-series top-of-the-line couplers. In addition, it licenses the spintronic magnetoresistive random access memory technology, as well as conducts contract research and development activities. The company sells its products through distributors. NVE Corporation was founded in 1989 and is headquartered in Eden Prairie, Minnesota.

Corporate Governance

NVE Corporation’s ISS Governance QualityScore as of July 29, 2019 is 2. The pillar scores are Audit: 1; Board: 5; Shareholder Rights: 2; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.