We currently do not have sufficient information about the CEO.
Key information
Erik Wiik
Chief executive officer
US$442.3k
Total compensation
CEO salary percentage
75.56%
CEO tenure
2.1yrs
CEO ownership
n/a
Management average tenure
2.1yrs
Board average tenure
7.1yrs
Recent management updates
Recent updates
CEO Compensation Analysis
How has Erik Wiik's remuneration changed compared to Koil Energy Solutions's earnings?
Date
Total Compensation
Salary
Company Earnings
Mar 31 2026
n/a
n/a
US$232k
Dec 31 2025
US$442k
US$334k
-US$38k
Sep 30 2025
n/a
n/a
US$156k
Jun 30 2025
n/a
n/a
US$1m
Mar 31 2025
n/a
n/a
US$2m
Dec 31 2024
US$625k
US$231k
US$3m
Compensation vs Market: Erik's total compensation ($USD442.27K) is below average for companies of similar size in the US market ($USD649.34K).
Compensation vs Earnings: Erik's compensation has been consistent with company performance over the past year.
CEO
Erik Wiik (61 yo)
2.1yrs
Tenure
US$442,273
Compensation
Mr. Erik Wiik is CEO of Koil Energy Solutions, Inc. from April 1, 2024 and serves as its President since April 1, 2024. Mr. Wiik serves as Director of Koil Energy Solutions, Inc. from March 8, 2024. He was...
Leadership Team
Name
Position
Tenure
Compensation
Ownership
Erik Wiik
CEO, President & Director
2.1yrs
US$442.27k
no data
Kurt Keller
Chief Financial Officer
1.1yrs
US$303.33k
no data
Mary Budrunas
Co-Founder
19.4yrs
US$52.50k
no data
2.1yrs
Average Tenure
Experienced Management: KLNG's management team is considered experienced (2.1 years average tenure).
Board Members
Name
Position
Tenure
Compensation
Ownership
Erik Wiik
CEO, President & Director
2.2yrs
US$442.27k
no data
David Douglas
Independent Director
7.1yrs
US$49.94k
11.44% $ 3.4m
Neal Goldman
Independent Director
7.1yrs
US$49.94k
5.22% $ 1.5m
Mads Andersen
Independent & Non-executive director
1.1yrs
US$41.30k
no data
Mark Carden
Independent Chairman of the Board
12yrs
US$49.94k
0.45% $ 133.5k
7.1yrs
Average Tenure
61yo
Average Age
Experienced Board: KLNG's board of directors are considered experienced (7.1 years average tenure).
Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/05/21 08:32
End of Day Share Price
2026/05/21 00:00
Earnings
2026/03/31
Annual Earnings
2025/12/31
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.
* 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
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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
Koil Energy Solutions, Inc. is covered by 1 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.