Solitron Devices, Inc.

OTCPK:SODI Stock Report

Market Cap: US$33.3m

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 percentage100.0%
CEO tenure8.3yrs
CEO ownership2.8%
Management average tenureno data
Board average tenure9.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Tim Eriksen's remuneration changed compared to Solitron Devices's earnings?
DateTotal CompensationSalaryCompany Earnings
Aug 31 2024n/an/a

US$6m

May 31 2024n/an/a

US$7m

Feb 29 2024US$90kUS$90k

US$6m

Nov 30 2023n/an/a

US$347k

Aug 31 2023n/an/a

-US$231k

May 31 2023n/an/a

-US$116k

Feb 28 2023US$90kUS$90k

US$826k

Nov 30 2022n/an/a

US$135k

Aug 31 2022n/an/a

US$1m

May 31 2022n/an/a

US$3m

Feb 28 2022US$147kUS$82k

US$4m

Nov 30 2021n/an/a

US$4m

Aug 31 2021n/an/a

US$4m

May 31 2021n/an/a

US$2m

Feb 28 2021US$130kUS$80k

US$1m

Nov 30 2020n/an/a

US$902k

Aug 31 2020n/an/a

US$967k

May 31 2020n/an/a

US$12k

Feb 29 2020US$114kUS$78k

-US$606k

Nov 30 2019n/an/a

-US$232k

Aug 31 2019n/an/a

-US$628k

May 31 2019n/an/a

-US$688k

Feb 28 2019US$72kUS$72k

-US$1m

Compensation vs Market: Tim's total compensation ($USD90.00K) is below average for companies of similar size in the US market ($USD650.00K).

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

NamePositionTenureCompensationOwnership
Howard Eriksen
CEO, CFO & Director9.3yrsUS$90.00k2.82%
$ 941.2k
John Chiste
Independent Director9.8yrsUS$26.00k0.29%
$ 96.0k
David Pointer
Independent Chairman9.3yrsUS$36.00k1.4%
$ 467.0k
Charles Gillman
Independent Director8.3yrsUS$20.00k0.29%
$ 96.0k
Dwight Aubrey
Independent Director9.8yrsUS$24.00k0.29%
$ 96.0k

9.3yrs

Average Tenure

55yo

Average Age

Experienced Board: SODI's board of directors are considered experienced (9.3 years average tenure).