Highwater Ethanol Management
Management criteria checks 4/4
Highwater Ethanol's CEO is Brian Kletscher, appointed in Nov 2008, has a tenure of 17.83 years. total yearly compensation is $433.79K, comprised of 72.6% salary and 27.4% bonuses, including company stock and options. directly owns 0.38% of the company’s shares, worth $272.07K. The average tenure of the management team and the board of directors is 8.2 years and 17.1 years respectively.
Key information
Brian Kletscher
Chief executive officer
US$433.8k
Total compensation
| CEO salary percentage | 72.60% |
| CEO tenure | 17.8yrs |
| CEO ownership | 0.4% |
| Management average tenure | 8.2yrs |
| Board average tenure | 17.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jul 31 2026 | n/a | n/a | US$40m |
| Apr 30 2026 | n/a | n/a | US$31m |
| Jan 31 2026 | n/a | n/a | US$22m |
| Oct 31 2025 | US$434k | US$315k | US$16m |
| Jul 31 2025 | n/a | n/a | US$3m |
| Apr 30 2025 | n/a | n/a | US$6m |
| Jan 31 2025 | n/a | n/a | US$5m |
| Oct 31 2024 | US$412k | US$301k | US$6m |
| Jul 31 2024 | n/a | n/a | US$10m |
| Apr 30 2024 | n/a | n/a | US$12m |
| Jan 31 2024 | n/a | n/a | US$15m |
| Oct 31 2023 | US$413k | US$285k | US$17m |
| Jul 31 2023 | n/a | n/a | US$13m |
| Apr 30 2023 | n/a | n/a | US$17m |
| Jan 31 2023 | n/a | n/a | US$20m |
| Oct 31 2022 | US$383k | US$266k | US$33m |
| Jul 31 2022 | n/a | n/a | US$35m |
| Apr 30 2022 | n/a | n/a | US$30m |
| Jan 31 2022 | n/a | n/a | US$30m |
| Oct 31 2021 | US$361k | US$254k | US$14m |
| Jul 31 2021 | n/a | n/a | US$10m |
| Apr 30 2021 | n/a | n/a | US$5m |
| Jan 31 2021 | n/a | n/a | -US$4m |
| Oct 31 2020 | US$298k | US$250k | -US$6m |
| Jul 31 2020 | n/a | n/a | -US$8m |
| Apr 30 2020 | n/a | n/a | -US$10m |
| Jan 31 2020 | n/a | n/a | -US$8m |
| Oct 31 2019 | US$279k | US$235k | -US$8m |
Compensation vs Market: Brian's total compensation ($USD433.79K) is below average for companies of similar size in the US market ($USD651.74K).
Compensation vs Earnings: Brian's compensation has been consistent with company performance over the past year.
CEO
Brian Kletscher (65 yo)
Mr. Brian D. Kletscher has been Chief Executive Officer of Highwater Ethanol LLC since November 6, 2008 and served as its General Manager. Mr. Kletscher served as Interim Chief Financial Officer of Highwat...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 17.8yrs | US$433.79k | 0.38% $ 272.1k | |
| Chief Financial Officer | 13.8yrs | US$286.44k | no data | |
| Treasurer & Director | 2.7yrs | US$27.31k | 0.084% $ 60.5k | |
| Company Secretary & Director | no data | US$23.56k | 0.063% $ 45.3k | |
| HR & Administration Assistant | no data | no data | no data | |
| Controller | less than a year | no data | no data |
Experienced Management: HEOL's management team is seasoned and experienced (8.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Treasurer & Director | 11.8yrs | US$27.31k | 0.084% $ 60.5k | |
| Company Secretary & Director | 11.3yrs | US$23.56k | 0.063% $ 45.3k | |
| Independent Director | 17.1yrs | US$8.48k | 2.88% $ 2.1m | |
| Chairman | 20.3yrs | US$31.52k | 0.29% $ 211.6k | |
| Independent Vice Chairman | 20.3yrs | US$23.68k | 0.42% $ 302.3k | |
| Director | 20.3yrs | US$12.72k | 1.05% $ 755.7k | |
| Director | 20.3yrs | US$15.96k | 0.34% $ 241.8k | |
| Independent Director | 2.3yrs | US$14.78k | 0.11% $ 75.6k | |
| Director | less than a year | no data | 8.42% $ 6.0m |
Experienced Board: HEOL's board of directors are seasoned and experienced ( 17.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/12 10:08 |
| End of Day Share Price | 2026/08/21 00:00 |
| Earnings | 2026/07/31 |
| Annual Earnings | 2025/10/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Highwater Ethanol, LLC is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.