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NVE Corporation (NVEC)

NasdaqCM - NasdaqCM Real Time Price. Currency in USD
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47.76+1.11 (+2.38%)
At close: 04:00PM EDT
47.76 -0.00 (-0.00%)
After hours: 04:03PM EDT

NVE Corporation

11409 Valley View Road
Eden Prairie, MN 55344
United States
952 829 9217

Full Time Employees47

Key Executives

NameTitlePayExercisedYear Born
Dr. Daniel A. Baker Ph.D.CEO, Pres & Director665.52kN/A1958
Mr. Joseph R. SchmitzChief Financial Officer170.17kN/A1963
Dr. Peter G. EamesVP of Advanced Technology212.64kN/A1976
Mr. John K. MyersVP of New Bus. Devel.N/AN/A1949
Mr. Jay L. BrownVPN/AN/A1959
Amounts are as of December 31, 2022 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.


NVE Corporation develops and sells devices that use spintronics, a nanotechnology that relies on electron spin to acquire, store, and transmit information in the United States and internationally. 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 for industrial Internet of Things market. In addition, it undertakes contracts for research and development, and licensing of spintronic magnetoresistive random access memory technology. NVE Corporation was founded in 1989 and is headquartered in Eden Prairie, Minnesota.

Corporate Governance

NVE Corporation’s ISS Governance QualityScore as of October 1, 2022 is 2. The pillar scores are Audit: 1; Board: 5; Shareholder Rights: 2; Compensation: 5.

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.