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Companies Solaris Energy Infrastructure, Inc.

Solaris Energy Infrastructure (SEI): executive pay, fiscal 2025

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CEO total pay$13,870,354CEO William Zartler · source
Say-on-pay support86.37%Latest vote · source
CEO vs. named peers71st pct.Of 14 peer CEOs
CEO pay ratio119:1To the median employee · source

CEO pay, last three years

  • $2,492,800FY2023
  • $3,820,166FY2024
  • $13,870,354FY2025

CEO total pay was $13,870,354 in fiscal 2025, up from $3,820,166 in fiscal 2024.

FY2025: salary $450,000 · bonus $0 · stock awards $12,574,354 · option awards $0

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Executives and directors

Full detail

Every table from the filing. Open any section.

Summary compensation table
Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
William Zartler$450,000$0$12,574,354$0$825,000$0$21,000$13,870,354
Chairman and Co-Chief Executive Officer
Amanda Brock72,69206,770,0000206,000007,048,692
Co-Chief Executive Officer
Kyle Ramachandran400,00003,769,0610460,000021,0004,650,061
President and Former Chief Financial Officer
Cynthia Durrett350,00002,008,8420322,500021,0002,702,342
Director and Chief Administrative Officer
Christopher Powell375,00001,769,1560356,250021,0002,521,406
Chief Legal Officer and Corporate Secretary
Christopher Wirtz265,0000330,5480142,500021,000759,048
Chief Accounting Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
William Zartler$13,870,354$3,820,166$2,492,800↑ +10,050,188
Amanda Brock7,048,692———
Kyle Ramachandran4,650,0611,954,2791,523,960↑ +2,695,782
Cynthia Durrett2,702,3421,233,3401,005,504↑ +1,469,002
Christopher Powell2,521,4061,322,2221,125,647↑ +1,199,184
Christopher Wirtz759,048———

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

Incentive-plan design — the Compensation Discussion & Analysis

Our executive compensation program is designed to build shareholder value, attract and retain a qualified management team by offering competitive industry opportunities, and incentivize our NEOs to achieve the Company's key short-term and long-term strategic goals.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultantPay Governance
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
Equity grants and outstanding awards

No plan-based awards are on file for this fiscal year.

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Christopher WirtzPSU13,165—$605,195
Christopher WirtzRSU21,743—999,526
Cynthia DurrettPSU77,726—3,573,064
Christopher PowellPSU77,849—3,578,719
Christopher PowellRSU85,467—3,928,918
Cynthia DurrettRSU86,929—3,996,126
Amanda BrockRSU125,000—5,746,250
Kyle RamachandranPSU140,482—6,457,958
Kyle RamachandranRSU158,808—7,300,404
William ZartlerPSU378,377—17,393,991
William ZartlerRSU450,381—20,704,015
Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
M. Max YzaguirreIndependent · Audit$64,583$235,004———$299,587
Edgar R. GiesingerIndependent · Lead Independent Director · Audit (Chair) · Nominating/Governance107,500170,000———277,500
Laurie H. ArgoIndependent · Audit · Compensation · Nominating/Governance (Chair)80,000175,000———255,000
Ray N. Walker JrIndependent · Compensation (Chair)79,167160,000———239,167
A. James TeagueIndependent · Compensation70,000160,000———230,000
James R. BurkeIndependent · Nominating/Governance70,000160,000———230,000
W. Howard Keenan JrIndependent70,000155,000———225,000
F. Gardner ParkerIndependent · Departed during FY31,6670———31,667
Amanda M. BrockEmployee director—————0
William A. ZartlerEmployee director · Board Chair—————0
Cynthia M. DurrettEmployee director—————0

Board fee structure and ownership guideline

Annual cash retainer$75,000
Annual equity retainer$155,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)100,000 / 90,000 / 10,000
Stock ownership guideline—

Total cost of the board

ComponentFY2025
Cash retainers and fees$572,917
Equity awards (grant-date value)$1,215,004
All other compensation$0
Total cost of the board$1,787,921

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

Peer group, and who names Solaris Energy Infrastructure as a peer

Companies that benchmark against SEI

4 companies name SEI as a compensation peer

    Each company listed discloses SEI in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named SEI in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

    Disclosed peer group — fiscal year 2025

    The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

    Peer reciprocity

    Of the companies Solaris Energy Infrastructure, Inc. names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

    Reciprocity shown where the peer’s own current proxy has been read — each mark is cited in the register to that peer’s filing. A dash means the peer’s current proxy was read and names no reciprocal group including Solaris Energy Infrastructure, Inc..

    Chief executive pay against the peer group

    Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.

    RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
    1Hut 8 Corp.2025Asher Genoot$550,000$238,248,457$0$0$239,909,042
    2NRG Energy, Inc.2025Lawrence Coben1,473,42316,764,47303,505,23021,788,422
    3Baker Hughes Company2025Lorenzo Simonelli1,710,00013,310,81903,557,70621,363,825
    4Talen Energy Corporation2025Mark McFarland1,131,34614,505,98602,054,41318,739,647
    5Solaris Energy Infrastructure, Inc.2025William Zartler450,00012,574,3540825,00013,870,354
    6NOV Inc.2025Clay Williams1,000,0009,576,940899,2081,129,49212,713,187
    7Advanced Energy Industries, Inc.2025Stephen Kelley977,7928,426,221—1,767,09511,187,208
    8SPX Technologies, Inc.2025Eugene Lowe, III1,138,1164,619,8051,318,2212,072,9669,338,813
    9Archrock, Inc.2025D. Bradley Childers944,2316,037,304—1,985,3639,037,610
    10Kodiak Gas Services, Inc.2025Robert McKee750,0004,489,72601,070,4246,568,143
    11IES Holdings, Inc.2025Matthew Simmes793,750772,18204,632,0126,203,398
    12Liberty Energy Inc.2025Ron Gusek591,2822,943,85501,057,7184,793,487
    13Powell Industries, Inc.2025Brett Cope660,0001,129,26801,650,0003,600,369
    14Bloom Energy Corporation2025KR Sridhar935,385002,470,0003,502,747
    15Cactus, Inc.2025Scott Bender450,0001,821,6340222,7882,524,459

    Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

    Incentive design against the same peers

    CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
    Solaris Energy Infrastructure, Inc.not disclosednot disclosednot disclosedPay Governance
    Advanced Energy Industries, Inc.144.4%PSU 60 · RSU 40NoCompensia, Inc.
    Archrock, Inc.not disclosedRSU 50 · PRSU 50not disclosedPearl Meyer
    Baker Hughes Company113.5%PSU 50 · RSU 50Yes — Relative TSRFrederic W. Cook & Co., Inc.
    Bloom Energy Corporation200%RSU 50 · PSU 50NoMeridian
    Cactus, Inc.not disclosedPSU 50 · RSU 50not disclosedPearl Meyer & Partners, LLC
    Hut 8 Corp.200%not disclosedNoCompensia, Inc.
    IES Holdings, Inc.not disclosedPSU 67 · RSU 33NoMercer US, Inc.
    Kodiak Gas Services, Inc.not disclosedPSU 44 · RSU 29not disclosednot disclosed
    Liberty Energy Inc.not disclosednot disclosedNoCBIZ Inc.
    NOV Inc.87%PSU 50 · RSU 40 · Options 10Yes — TSR (total shareholder return) goalMeridian Compensation Partners
    NRG Energy, Inc.158%PSU 67 · RSU 33Yes — Relative TSR vs S&P 500 constituentsPay Governance
    Powell Industries, Inc.200%RSU 50 · PRSU 50Nonot disclosed
    SPX Technologies, Inc.163.9%PSU 50 · Option 25 · RSU 25Yes — Relative TSRMeridian Compensation Partners, LLC
    Talen Energy Corporation135%PSU 70 · RSU 30NoLyons, Benenson & Company Inc.

    Read from each company’s Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company’s filing does not state the item.

    Say-on-pay history and pay ratio
    Meeting yearMeeting dateForAgainstAbstainSupportOutcome
    20262026-05-1545,600,5787,195,531291,64786.37%Passed
    20252025-05-1557,319,265674,86619,84598.84%Passed
    20232023-05-1635,418,1372,452,16735,06993.44%Passed

    Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.

    Say-on-pay — history, company’s computation

    Meeting yearMeeting dateApproval — company’s computation
    20262026-05-1586.37%a
    20252025-05-1598.84%b
    20232023-05-1693.44%c

    a. Voting standard not stated in the filing.

    b. Voting standard not stated in the filing.

    c. Approved under the standard stated in the filing — “Abstentions will have the effect of a vote cast AGAINST Proposal 2, Proposal 3, Proposal 4, and Proposal 5 but will not have an effect on the outcome of Proposal 1 or Proposal 6.”.

    Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

    CEO pay ratio

    Ratio (CEO : median employee)119 : 1
    CEO total compensation$13,870,354
    Median employee compensation$116,403
    Insider trades since the proxy

    No insider equity transactions reported since the proxy statement.

    Sources (52 citations)

    Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.

    • Section 01, William Zartler. DEF 14A, filed 2026-04-01. Section “Executive Compensation”. As printed: 13,870,354. View filing ↗
    • Section 01, Amanda Brock. DEF 14A, filed 2026-04-01. Section “Executive Compensation”. As printed: 7,048,692. View filing ↗
    • Section 01, Kyle Ramachandran. DEF 14A, filed 2026-04-01. Section “Executive Compensation”. As printed: 4,650,061. View filing ↗
    • Section 01, Cynthia Durrett. DEF 14A, filed 2026-04-01. Section “Executive Compensation”. As printed: 2,702,342. View filing ↗
    • Section 01, Christopher Powell. DEF 14A, filed 2026-04-01. Section “Executive Compensation”. As printed: 2,521,406. View filing ↗
    • Section 01, Christopher Wirtz. DEF 14A, filed 2026-04-01. Section “Executive Compensation”. As printed: 759,048. View filing ↗
    • Section 07, pay ratio. DEF 14A, filed 2026-04-01. Section “CEO Pay Ratio”. As printed: 119 : 1. View filing ↗
    • Section 08, M. Max Yzaguirre. DEF 14A, filed 2026-04-01. Section “Director Compensation”. As printed: 299,587. View filing ↗
    • Section 08, Edgar R. Giesinger. DEF 14A, filed 2026-04-01. Section “Director Compensation”. As printed: 277,500. View filing ↗
    • Section 08, Laurie H. Argo. DEF 14A, filed 2026-04-01. Section “Director Compensation”. As printed: 255,000. View filing ↗
    • Section 08, Ray N. Walker Jr. DEF 14A, filed 2026-04-01. Section “Director Compensation”. As printed: 239,167. View filing ↗
    • Section 08, A. James Teague. DEF 14A, filed 2026-04-01. Section “Director Compensation”. As printed: 230,000. View filing ↗
    • Section 08, James R. Burke. DEF 14A, filed 2026-04-01. Section “Director Compensation”. As printed: 230,000. View filing ↗
    • Section 08, W. Howard Keenan Jr. DEF 14A, filed 2026-04-01. Section “Director Compensation”. As printed: 225,000. View filing ↗
    • Section 08, F. Gardner Parker. DEF 14A, filed 2026-04-01. Section “Director Compensation”. As printed: 31,667. View filing ↗
    • Section 08, Amanda M. Brock. DEF 14A, filed 2026-04-01. Section “Director Compensation”. As printed: 0. View filing ↗
    • Section 08, William A. Zartler. DEF 14A, filed 2026-04-01. Section “Director Compensation”. As printed: 0. View filing ↗
    • Section 08, Cynthia M. Durrett. DEF 14A, filed 2026-04-01. Section “Director Compensation”. As printed: 0. View filing ↗
    • Section 06, 2026 vote. Form 8-K, filed 2026-05-19. Item 5.07 · say-on-pay result. As reported: 86.37% (votes for as printed: 45,600,578). View filing ↗
    • Section 06, 2025 vote. Form 8-K, filed 2025-05-20. Item 5.07 · say-on-pay result. As reported: 98.84% (votes for as printed: 57,319,265). View filing ↗
    • Section 06, 2023 vote. Form 8-K, filed 2023-05-22. Item 5.07 · say-on-pay result. As reported: 93.44% (votes for as printed: 35,418,137). View filing ↗
    • Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
    • Section 09b board cost (computed). Computed. Cash 572,917 + equity 1,215,004 + all other 0 = 1,787,921, summed across the director compensation table rows.
    • Hut 8 Corp., Section 10b CEO total. DEF 14A, filed 2026-04-28. CEO total compensation as printed in Hut 8 Corp.'s own proxy. As printed: 239,909,042. View filing ↗
    • NRG Energy, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-18. CEO total compensation as printed in NRG Energy, Inc.'s own proxy. As printed: 21,788,422. View filing ↗
    • Baker Hughes Company, Section 10b CEO total. DEF 14A, filed 2026-03-30. CEO total compensation as printed in Baker Hughes Company's own proxy. As printed: 21,363,825. View filing ↗
    • Talen Energy Corporation, Section 10b CEO total. DEF 14A, filed 2026-03-19. CEO total compensation as printed in Talen Energy Corporation's own proxy. As printed: 18,739,647. View filing ↗
    • Solaris Energy Infrastructure, Inc. (subject), Section 10b CEO total. DEF 14A, filed 2026-04-01. CEO total compensation as printed in Solaris Energy Infrastructure, Inc.'s own proxy. As printed: 13,870,354. View filing ↗
    • NOV Inc., Section 10b CEO total. DEF 14A, filed 2026-04-09. CEO total compensation as printed in NOV Inc.'s own proxy. As printed: 12,713,187. View filing ↗
    • Advanced Energy Industries, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-26. CEO total compensation as printed in Advanced Energy Industries, Inc.'s own proxy. As printed: 11,187,208. View filing ↗
    • SPX Technologies, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-31. CEO total compensation as printed in SPX Technologies, Inc.'s own proxy. As printed: 9,338,813. View filing ↗
    • Archrock, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-17. CEO total compensation as printed in Archrock, Inc.'s own proxy. As printed: 9,037,610. View filing ↗
    • Kodiak Gas Services, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-27. CEO total compensation as printed in Kodiak Gas Services, Inc.'s own proxy. As printed: 6,568,143. View filing ↗
    • IES Holdings, Inc., Section 10b CEO total. DEF 14A, filed 2026-01-07. CEO total compensation as printed in IES Holdings, Inc.'s own proxy. As printed: 6,203,398. View filing ↗
    • Liberty Energy Inc., Section 10b CEO total. DEF 14A, filed 2026-03-05. CEO total compensation as printed in Liberty Energy Inc.'s own proxy. As printed: 4,793,487. View filing ↗
    • Powell Industries, Inc., Section 10b CEO total. DEF 14A, filed 2026-01-06. CEO total compensation as printed in Powell Industries, Inc.'s own proxy. As printed: 3,600,369. View filing ↗
    • Bloom Energy Corporation, Section 10b CEO total. DEF 14A, filed 2026-04-08. CEO total compensation as printed in Bloom Energy Corporation's own proxy. As printed: 3,502,747. View filing ↗
    • Cactus, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-31. CEO total compensation as printed in Cactus, Inc.'s own proxy. As printed: 2,524,459. View filing ↗
    • Section 10a, NOV Inc. reciprocity. DEF 14A. NOV Inc.'s most recent proxy was read; its disclosed peer group does not include Solaris Energy Infrastructure, Inc.. View filing ↗
    • Section 10a, Bloom Energy Corporation reciprocity. DEF 14A. Bloom Energy Corporation's most recent proxy was read; its disclosed peer group does not include Solaris Energy Infrastructure, Inc.. View filing ↗
    • Section 10a, Archrock, Inc. reciprocity. DEF 14A. Archrock, Inc.'s most recent proxy was read; its disclosed peer group does not include Solaris Energy Infrastructure, Inc.. View filing ↗
    • Section 10a, Cactus, Inc. reciprocity. DEF 14A. Cactus, Inc.'s most recent proxy was read; its disclosed peer group does not include Solaris Energy Infrastructure, Inc.. View filing ↗
    • Section 10a, Baker Hughes Company reciprocity. DEF 14A. Baker Hughes Company's most recent proxy was read; its disclosed peer group does not include Solaris Energy Infrastructure, Inc.. View filing ↗
    • Section 10a, NRG Energy, Inc. reciprocity. DEF 14A. NRG Energy, Inc.'s most recent proxy was read; its disclosed peer group does not include Solaris Energy Infrastructure, Inc.. View filing ↗
    • Section 10a, SPX Technologies, Inc. reciprocity. DEF 14A. SPX Technologies, Inc.'s most recent proxy was read; its disclosed peer group does not include Solaris Energy Infrastructure, Inc.. View filing ↗
    • Section 10a, Hut 8 Corp. reciprocity. DEF 14A. Hut 8 Corp.'s most recent proxy was read; its disclosed peer group does not include Solaris Energy Infrastructure, Inc.. View filing ↗
    • Section 10a, Kodiak Gas Services, Inc. reciprocity. DEF 14A. Kodiak Gas Services, Inc.'s most recent proxy was read; its disclosed peer group does not include Solaris Energy Infrastructure, Inc.. View filing ↗
    • Section 10a, Talen Energy Corporation reciprocity. DEF 14A. Talen Energy Corporation's most recent proxy was read; its disclosed peer group does not include Solaris Energy Infrastructure, Inc.. View filing ↗
    • Section 10a, Advanced Energy Industries, Inc. reciprocity. DEF 14A. Advanced Energy Industries, Inc.'s most recent proxy was read; its disclosed peer group does not include Solaris Energy Infrastructure, Inc.. View filing ↗
    • Section 10a, Powell Industries, Inc. reciprocity. DEF 14A. Powell Industries, Inc.'s most recent proxy was read; its disclosed peer group does not include Solaris Energy Infrastructure, Inc.. View filing ↗
    • Section 10a, IES Holdings, Inc. reciprocity. DEF 14A. IES Holdings, Inc.'s most recent proxy was read; its disclosed peer group does not include Solaris Energy Infrastructure, Inc.. View filing ↗
    • Section 10a, Liberty Energy Inc. reciprocity. DEF 14A. Liberty Energy Inc.'s most recent proxy was read; its disclosed peer group does not include Solaris Energy Infrastructure, Inc.. View filing ↗
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