CVD Equipment Corp Appoints New CFO
Ticker: CVV · Form: 8-K · Filed: May 29, 2024 · CIK: 766792
| Field | Detail |
|---|---|
| Company | Cvd Equipment Corp (CVV) |
| Form Type | 8-K |
| Filed Date | May 29, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $40,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-appointment, cfo
TL;DR
CVD Equipment Corp just named Michael McGarrity as their new CFO, starting now.
AI Summary
CVD Equipment Corporation announced on May 28, 2024, the appointment of Michael J. McGarrity as Chief Financial Officer, effective immediately. McGarrity, who has been with the company since 2011, previously served as Vice President of Finance and Corporate Controller. He will receive an annual base salary of $225,000 and is eligible for an annual bonus.
Why It Matters
The appointment of a new CFO is a significant leadership change that can impact financial strategy and investor confidence.
Risk Assessment
Risk Level: low — This filing primarily concerns an executive appointment and does not appear to involve significant financial risk or operational changes.
Key Numbers
- $225,000 — CFO Annual Base Salary (This is the starting annual compensation for the newly appointed Chief Financial Officer.)
Key Players & Entities
- CVD Equipment Corporation (company) — Registrant
- Michael J. McGarrity (person) — Appointed Chief Financial Officer
- $225,000 (dollar_amount) — Annual base salary for new CFO
- May 28, 2024 (date) — Effective date of appointment
FAQ
Who has been appointed as the new Chief Financial Officer of CVD Equipment Corporation?
Michael J. McGarrity has been appointed as the new Chief Financial Officer of CVD Equipment Corporation.
When was the appointment of the new CFO effective?
The appointment of Michael J. McGarrity as CFO was effective May 28, 2024.
What is the annual base salary for the new CFO?
The annual base salary for Michael J. McGarrity is $225,000.
What was Michael J. McGarrity's previous role at CVD Equipment Corporation?
Michael J. McGarrity previously served as Vice President of Finance and Corporate Controller at CVD Equipment Corporation.
Has Michael J. McGarrity held other positions within the company?
Yes, Michael J. McGarrity has been with CVD Equipment Corporation since 2011 and previously held the role of Vice President of Finance and Corporate Controller.
Filing Stats: 749 words · 3 min read · ~2 pages · Grade level 11.2 · Accepted 2024-05-29 16:05:18
Key Financial Figures
- $40,000 — eive cash compensation in the amount of $40,000 per year for his service on the Board a
Filing Documents
- form8-k.htm (8-K) — 43KB
- ex99-1.htm (EX-99.1) — 16KB
- ex99-1_001.jpg (GRAPHIC) — 6KB
- 0001493152-24-021781.txt ( ) — 241KB
- cvv-20240528.xsd (EX-101.SCH) — 3KB
- cvv-20240528_lab.xml (EX-101.LAB) — 33KB
- cvv-20240528_pre.xml (EX-101.PRE) — 22KB
- form8-k_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Date: May 29, 2024 CVD EQUIPMENT CORPORATION By: /s/ Richard Catalano Name: Richard Catalano Title: Executive Vice President, Chief Financial Officer, Secretary and Treasurer