leadership
confidence high
sentiment neutral
materiality 0.30
Solitron Devices increases CEO salary to $90k, President to $240k, and awards bonuses of $65k and $162.5k
SOLITRON DEVICES INC
- CEO Tim Eriksen's base salary raised to $90,000 effective Jan 1, 2022; awarded $65,000 discretionary bonus.
- President/COO Mark Matson's base salary raised to $240,000 effective Jan 1, 2022; awarded $162,500 discretionary bonus.
- Compensation Committee approved the changes on December 23, 2021.
- Eriksen also serves as Interim CFO; no other officer changes reported.