Solitron Devices increases CEO salary to $100k and COO to $285k effective March 1

SOLITRON DEVICES INC

CEO/CFO Tim Eriksen annual base salary raised to $100,000 from prior level.
President/COO Mark Matson annual base salary raised to $285,000.
Board Chairman David Pointer compensation increased to $40,000; Audit Chair Johnn Chiste to $30,000.
Compensation Committee Chair Dwight Aubrey set at $28,000; Nominating Chair Charles Gillman at $24,000.
All changes effective March 1, 2024, per February 19, 2024 board action.

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