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110 days

Item 8.01. Other Events. Chicago Rivet & Machine Company

1. James T. Tanner appointed as SVP of Sales and Marketing at Chicago Rivet. 2. Tanner has 30 years of manufacturing sales leadership experience. 3. CEO praises Tanner's expertise in customer relationships and revenue generation. 4. Tanner replaces Bill Stlaske, who departed earlier in 2025. 5. No conflicts of interest reported regarding Tanner's appointment.

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Why Bullish?

The new leadership is likely to enhance sales strategies, boosting CVR's market performance. Historically, capable leadership transitions often lead to improved investor confidence and stock appreciation.

How important is it?

The appointment of a seasoned sales leader can significantly impact Chicago Rivet's future revenue. Investor confidence may increase, influencing stock price positively in the near term.

Why Short Term?

Immediate changes in leadership typically affect investor sentiment and stock performance quickly. For example, positive market reactions followed executive appointments in similar firms.

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, /PRNewswire/ -- On May 1, 2025, Chicago Rivet & Machine Co. (the "Company") announced that James T. Tanner has been appointed as the Company's Senior Vice President of Sales and Marketing, effective immediately. Mr. Tanner replaces Bill Stlaske, who departed the Company earlier in 2025. Mr. Tanner, age 56, brings over 30 years of sales and leadership experience in the manufacturing industry. He has held executive positions at Bosch, MacLean-Fogg, KSR International, and Speedgrip Chuck Co., with expertise in revenue generation, corporate branding, and key account management. Mr. Tanner holds a Bachelor of Science degree in Electrical Engineering from Lawrence Technological University and has more than a decade of experience in the fastener industry. Gregory Rizzo, CEO of Chicago Rivet and Machine Co., commented: "We are excited to welcome Jim as our new Senior Vice President of Sales and Marketing. Jim brings a wealth of knowledge and experience not only in fasteners but a diverse range of products and services in multiple industries. We are confident that his leadership will guide our sales efforts to the next level, building on existing customer relationships and developing new customers and value streams." No family relationships exist between Mr. Tanner and any director or executive officer of the Company. There are no related party transactions between Mr. Tanner and the Company that would require disclosure under Item 404(a) of Regulation S-K. SOURCE Chicago Rivet & Machine Co. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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