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NVE Corporation (NVEC)

NasdaqCM - NasdaqCM Real Time Price. Currency in USD
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69.37-0.94 (-1.34%)
At close: 04:00PM EST
69.37 0.00 (0.00%)
After hours: 04:01PM EST

NVE Corporation

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

Full Time Employees46

Key Executives

NameTitlePayExercisedYear Born
Dr. Daniel A. Baker Ph.D.CEO, Pres & Director446.92kN/A1958
Mr. Peter G. EamesVP of Advanced Technology201.86kN/A1976
Mr. Jon J. LarsonPrincipal Financial Officer & Corp. ControllerN/AN/A1985
Mr. John K. MyersVP of New Bus. Devel.N/AN/A1949
Mr. Jay L. BrownVPN/AN/A1959
Amounts are as of December 31, 2021 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 engages in the 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 September 26, 2021 is 3. The pillar scores are Audit: 2; 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.