People: NVE Corp (NVEC.PH)

NVEC.PH on Philadelphia Stock Exchange

51.13USD
15 May 2013
Price Change (% chg)

$-1.57 (-2.98%)
Prev Close
$52.70
Open
$51.13
Day's High
$51.13
Day's Low
$51.13
Volume
100
Avg. Vol
--
52-wk High
--
52-wk Low
--

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Summary

Name Age Since Current Position

Terrence Glarner

 69 2001 Independent Chairman of the Board

Daniel Baker

 54 2001 President, Chief Executive Officer, Director

Curt Reynders

 49 Chief Financial Officer, Treasurer, Secretary

James Hartman

 66 2006 Independent Director

Patricia Hollister

 52 2004 Independent Director

Robert Irish

 73 1992 Independent Director
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Biographies

Name Description

Terrence Glarner

 Mr. Terrence W. Glarner is Independent Chairman of the Board of NVE Corporation. Since 1993, Mr. Glarner has been President of West Concord Ventures, Inc., a venture capital company. Mr. Glarner has served as a director of two other publicly held companies, Aetrium Inc. and FSI International, Inc. for more than five years. Both Aetrium and FSI are in the semiconductor equipment industry. Mr. Glarner was a director of SpectraSCIENCE, Inc. when it filed for protection under Chapter 7 of the U.S. Bankruptcy Code in 2002. Mr. Glarner has a B.A. in English from the University of St. Thomas, a J.D. from the University of Minnesota School of Law, and is a Chartered Financial Analyst.

Daniel Baker

 Dr. Daniel A. Baker is President, Chief Executive Officer, Director of NVE Corporation., since January 29, 2001. Dr. Baker has more than 35 years of executive and engineering experience. From 1993 until joining NVE he was President and CEO of Printware, Inc., now known as Printware LLC, which manufactures and markets high-speed imaging systems. He was a Printware director from 1993 until June 2000. Printware was publicly traded beginning with its initial public stock offering in 1996 through Dr. Baker’s tenure. Dr. Baker holds a Ph.D. in engineering and an MBA from the University of Minnesota, and a B.S. in engineering from Case Western Reserve University.

Curt Reynders

 Mr. Curt A. Reynders is Chief Financial Officer, Treasurer, Secretary of NVE Corporation. He has been NVE’s Treasurer and Chief Financial Officer since 2006. From 2001 until his promotion to CFO, Mr. Reynders was the company controller. Before joining NVE he served in various accounting, auditing, and accounting management positions with public accounting and industry firms. Mr. Reynders earned a B.S. in Accounting and Economics from Morningside College.

James Hartman

 Mr. James D. Hartman is Independent Director of NVE Corporation., since August 14, 2006. He was Chairman of the Board of Directors of Enpath Medical, Inc., a medical device manufacturer, from 2003 until it was acquired in 2007 by Greatbatch, Inc. From 2003 to 2007, Mr. Hartman held a variety of positions with Enpath, including Chief Executive Officer from 1996 until his retirement from that position in 2006. He was an Enpath director from 1991 to 2007. Enpath was publicly traded from its initial public stock offering in 1991 until it was acquired in 2007. Mr. Hartman has also been a director of WSI Industries, Inc. since 2010. WSI is a publicly traded company specializing in precision parts, including work for the avionics/aerospace/defense and bioscience industries. He holds an accounting degree from the University of Wisconsin-Eau Claire and an MBA from the University of St. Thomas.

Patricia Hollister

 Ms. Patricia M. Hollister is Independent Director of NVE Corporation. Since 1998 she has been the Chief Financial Officer of FSI International, Inc., a company that designs, manufactures, markets, and supports equipment used in the fabrication of microelectronics. Prior to joining FSI in 1995, Ms. Hollister was employed by KPMG LLP, where she served for more than 12 years on various audit and consulting engagements, most recently as a Senior Manager. Ms. Hollister is a director of various FSI-owned foreign subsidiaries. FSI has been publicly traded for Ms. Hollister’s entire tenure. Ms. Hollister holds a B.S. in Accounting from St. Cloud State University.

Robert Irish

 Mr. Robert H. Irish is Independent Director of NVE Corporation., since 1992. Mr. Irish has been retired since 2003. He was an information technology consultant from 1999 to 2003. Prior to becoming a consultant, he held various sales and sales management positions at Compuware, Prodea Software, Centron DPL, and IBM. Mr. Irish attended Rensselaer Polytechnic Institute and received a B.S. in Physics from Syracuse University.

Basic Compensation

Name Fiscal Year Total

Terrence Glarner

 --

Daniel Baker

 320,318

Curt Reynders

 176,699

James Hartman

 --

Patricia Hollister

 --

Robert Irish

 --
As Of 30 Mar 2012

Options Compensation

Name Options Value

Terrence Glarner

 0 0

Daniel Baker

 305,000 3,388,910

Curt Reynders

 0 0

James Hartman

 0 0

Patricia Hollister

 0 0

Robert Irish

 0 0

Insider Trading

Name Shares Traded Price

IRISH ROBERT H

 2,000 $55.75

IRISH ROBERT H

 2,000 $37.38

BAKER DANIEL A

 2,360 $53.26

BAKER DANIEL A

 25,000 $14.76

BAKER DANIEL A

 26,309 $53.47

BAKER DANIEL A

 35,000 $29.65

HARTMAN JAMES D

 2,000 $56.24

HARTMAN JAMES D

 2,000 $34.71

BAKER DANIEL A

 25,000 $54.71

BAKER DANIEL A

 15,000 $54.57

BAKER DANIEL A

 70,000 $16.93

BAKER DANIEL A

 21,453 $55.24

GLARNER TERRENCE W

 1,000 $59.51
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