On April 20, 2020, The Board of Directors of Chicago Rivet & Machine Co. approved the appointment of Walter W. Morrissey as Chairman of the Board and Chief Executive Officer of Chicago Rivet & Machine Co. effective May 12, 2020, the date of the Company's 2020 annual meeting of shareholders.

Mr. Morrissey replaces John A. Morrissey who had announced his intention to retire as Chairman of the Board and Chief Executive Officer effective May 12, 2020, on February 17, 2020. He has been Of Counsel to the law firm of Lillig & Thorsness Ltd. since January 2011.