Highwater Ethanol Management
Management criteria checks 4/4
Highwater Ethanol's CEO is Brian Kletscher, appointed in Nov 2008, has a tenure of 15.58 years. total yearly compensation is $412.61K, comprised of 69% salary and 31% bonuses, including company stock and options. directly owns 0.38% of the company’s shares, worth $306.00K. The average tenure of the management team and the board of directors is 11.5 years and 16.5 years respectively.
Key information
Brian Kletscher
Chief executive officer
US$412.6k
Total compensation
| CEO salary percentage | 69.0% |
| CEO tenure | 15.6yrs |
| CEO ownership | 0.4% |
| Management average tenure | 11.5yrs |
| Board average tenure | 16.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 |
| Jul 31 2019 | n/a | n/a | -US$11m |
| Apr 30 2019 | n/a | n/a | -US$12m |
| Jan 31 2019 | n/a | n/a | -US$8m |
| Oct 31 2018 | US$266k | US$220k | -US$6m |
| Jul 31 2018 | n/a | n/a | -US$2m |
| Apr 30 2018 | n/a | n/a | US$920k |
| Jan 31 2018 | n/a | n/a | -US$724k |
| Oct 31 2017 | US$243k | US$183k | US$4m |
Compensation vs Market: Brian's total compensation ($USD412.61K) is below average for companies of similar size in the US market ($USD666.26K).
Compensation vs Earnings: Brian's compensation has been consistent with company performance over the past year.
CEO
Brian Kletscher (63 yo)
15.6yrs
Tenure
US$412,609
Compensation
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 | 15.6yrs | US$412.61k | 0.38% $ 306.0k | |
| Chief Financial Officer | 11.5yrs | US$277.63k | no data | |
| Treasurer & Director | less than a year | US$10.04k | 0.084% $ 68.0k | |
| Company Secretary & Director | no data | US$25.42k | 0.063% $ 51.0k | |
| HR & Administration Assistant | no data | no data | no data |
11.5yrs
Average Tenure
52yo
Average Age
Experienced Management: HEOL's management team is seasoned and experienced (11.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Treasurer & Director | 9.5yrs | US$10.04k | 0.084% $ 68.0k | |
| Company Secretary & Director | 9yrs | US$25.42k | 0.063% $ 51.0k | |
| Independent Director | 3.3yrs | no data | 1.98% $ 1.6m | |
| Independent Director | 14.8yrs | US$5.75k | 2.88% $ 2.3m | |
| Chairman | 18.1yrs | US$31.84k | 0.29% $ 238.0k | |
| Independent Vice Chairman | 18.1yrs | US$25.20k | 0.34% $ 272.0k | |
| Director | 18.1yrs | US$14.10k | 1.05% $ 850.0k | |
| Director | 18.1yrs | US$11.06k | 0.34% $ 272.0k |
16.5yrs
Average Tenure
59.5yo
Average Age
Experienced Board: HEOL's board of directors are seasoned and experienced ( 16.5 years average tenure).