Solitron Devices Management
Management criteria checks 3/4
We currently do not have sufficient information about the CEO.
Key information
Tim Eriksen
Chief executive officer
US$90.0k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 8.3yrs |
| CEO ownership | 2.8% |
| Management average tenure | no data |
| Board average tenure | 9.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Aug 31 2024 | n/a | n/a | US$6m |
| May 31 2024 | n/a | n/a | US$7m |
| Feb 29 2024 | US$90k | US$90k | US$6m |
| Nov 30 2023 | n/a | n/a | US$347k |
| Aug 31 2023 | n/a | n/a | -US$231k |
| May 31 2023 | n/a | n/a | -US$116k |
| Feb 28 2023 | US$90k | US$90k | US$826k |
| Nov 30 2022 | n/a | n/a | US$135k |
| Aug 31 2022 | n/a | n/a | US$1m |
| May 31 2022 | n/a | n/a | US$3m |
| Feb 28 2022 | US$147k | US$82k | US$4m |
| Nov 30 2021 | n/a | n/a | US$4m |
| Aug 31 2021 | n/a | n/a | US$4m |
| May 31 2021 | n/a | n/a | US$2m |
| Feb 28 2021 | US$130k | US$80k | US$1m |
| Nov 30 2020 | n/a | n/a | US$902k |
| Aug 31 2020 | n/a | n/a | US$967k |
| May 31 2020 | n/a | n/a | US$12k |
| Feb 29 2020 | US$114k | US$78k | -US$606k |
| Nov 30 2019 | n/a | n/a | -US$232k |
| Aug 31 2019 | n/a | n/a | -US$628k |
| May 31 2019 | n/a | n/a | -US$688k |
| Feb 28 2019 | US$72k | US$72k | -US$1m |
Compensation vs Market: Tim's total compensation ($USD90.00K) is below average for companies of similar size in the US market ($USD653.78K).
Compensation vs Earnings: Tim's compensation has been consistent with company performance over the past year.
CEO
Tim Eriksen (55 yo)
8.3yrs
Tenure
US$90,000
Compensation
Mr. Howard Timothy Eriksen, also known as Tim, serves as Director at PharmChem, Inc and its Chairman of the Board since 2023. He has been Chief Executive Officer and Chief Financial Officer of Solitron Dev...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, CFO & Director | 9.3yrs | US$90.00k | 2.82% $ 993.8k | |
| Independent Director | 9.8yrs | US$26.00k | 0.29% $ 101.4k | |
| Independent Chairman | 9.3yrs | US$36.00k | 1.4% $ 493.1k | |
| Independent Director | 8.3yrs | US$20.00k | 0.29% $ 101.4k | |
| Independent Director | 9.8yrs | US$24.00k | 0.29% $ 101.4k |
9.3yrs
Average Tenure
55yo
Average Age
Experienced Board: SODI's board of directors are considered experienced (9.3 years average tenure).