Solitron Devices Management
Management criteria checks 3/4
Solitron Devices' CEO is Tim Eriksen, appointed in Jul 2016, has a tenure of 9.5 years. total yearly compensation is $116.99K, comprised of 85.5% salary and 14.5% bonuses, including company stock and options. directly owns 2.83% of the company’s shares, worth $1.16M. The average tenure of the management team and the board of directors is 9.5 years and 10.4 years respectively.
Key information
Tim Eriksen
Chief executive officer
US$117.0k
Total compensation
| CEO salary percentage | 85.48% |
| CEO tenure | 9.5yrs |
| CEO ownership | 2.8% |
| Management average tenure | 9.5yrs |
| Board average tenure | 10.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Aug 31 2025 | n/a | n/a | -US$361k |
| May 31 2025 | n/a | n/a | -US$110k |
| Feb 28 2025 | US$117k | US$100k | US$815k |
| Nov 30 2024 | n/a | n/a | US$7m |
| 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$1m |
Compensation vs Market: Tim's total compensation ($USD116.99K) is below average for companies of similar size in the US market ($USD586.75K).
Compensation vs Earnings: Tim's compensation has increased whilst the company is unprofitable.
CEO
Tim Eriksen (56 yo)
Mr. Howard Timothy Eriksen, also known as Tim, was Director of Paragon Technologies, Inc. from December 19, 2024 to July 2025. He serves as Director at PharmChem, Inc and its Chairman of the Board since 20...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 9.5yrs | US$116.99k | 2.83% $ 1.2m | |
| President & COO | 9.5yrs | US$425.21k | 10.88% $ 4.4m | |
| Chief Financial Officer | 1.3yrs | US$281.36k | 0.093% $ 38.0k |
Experienced Management: SODI's management team is seasoned and experienced (9.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 10.4yrs | US$116.99k | 2.83% $ 1.2m | |
| Independent Director | 11yrs | US$30.00k | 0.37% $ 152.0k | |
| Independent Chairman | 10.4yrs | US$40.00k | 1.45% $ 592.6k | |
| Independent Director | 9.5yrs | US$24.00k | 0.37% $ 152.0k | |
| Independent Director | 11yrs | US$28.00k | 0.37% $ 152.0k |
Experienced Board: SODI's board of directors are seasoned and experienced ( 10.4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/01/06 07:59 |
| End of Day Share Price | 2026/01/02 00:00 |
| Earnings | 2025/08/31 |
| Annual Earnings | 2025/02/28 |
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 |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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Analyst Sources
Solitron Devices, Inc. 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.