Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-05-19

Solaris Energy Infrastructure, Inc. (SEI)

CEO William Zartler was paid $13,870,354 in fiscal year 2025, ↑ up 263.1% from fiscal year 2024, the 71st percentile of its disclosed peer group (SEC filing 0001140361-26-012799 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$13,870,354 ↑
William Zartler total, FY2025
71st
CEO pay percentile vs peers
119:1
CEO-to-median pay ratio
86.37%
Say-on-pay support, latest vote

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Sample answer — “What is the CEO’s total compensation?”
- William Zartler (Chairman and Co-Chief Executive Officer), FY2025 total compensation $13,870,354 (base salary $450,000) [exec_comp, SEC accession 0001140361-26-012799, filed 2026-04-01]

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SEI's next annual pay disclosure, estimated March 29, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

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.

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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.

    01b

    Executives — the named officers

    One page per officer: the same table above, read for one person at a time — his own figure and every fiscal year the register holds.

    ExecutiveRoleFY2025 total
    Christopher PowellGeneral Counsel$2,521,406
    Cynthia DurrettExecutive$2,702,342
    Amanda BrockCEO$7,048,692
    Christopher WirtzChief Accounting Officer$759,048
    Kyle RamachandranPresident$4,650,061
    William ZartlerCEO$13,870,354
    01c

    Board of directors

    One page per director: the seat, the committees and the fee table, read for one person at a time.

    DirectorRoleFY2025 total
    A. James TeagueIndependent Director$230,000
    Edgar R. GiesingerLead Independent Director$277,500
    F. Gardner ParkerFormer director (through FY2025)$31,667
    James R. BurkeIndependent Director$230,000
    Laurie H. ArgoIndependent Director$255,000
    M. Max YzaguirreIndependent Director$299,587
    Ray N. Walker JrIndependent Director$239,167
    W. Howard Keenan JrIndependent Director$225,000
    02

    Equity transactions since the proxy statement was filed

    No insider equity transactions reported since the proxy statement.

    04

    Outstanding equity awards at fiscal year-end 2025

    ExecutiveAwardShares unvestedExercise priceMarket value unvested
    Christopher PowellRSU85,467—$3,928,918
    William ZartlerPSU378,377—17,393,991
    Christopher WirtzPSU13,165—605,195
    William ZartlerRSU450,381—20,704,015
    Kyle RamachandranRSU158,808—7,300,404
    Cynthia DurrettPSU77,726—3,573,064
    Christopher WirtzRSU21,743—999,526
    Kyle RamachandranPSU140,482—6,457,958
    Amanda BrockRSU125,000—5,746,250
    Cynthia DurrettRSU86,929—3,996,126
    Christopher PowellPSU77,849—3,578,719
    05

    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
    06

    Say-on-pay — recent advisory votes

    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.

    07

    CEO pay ratio

    Ratio (CEO : median employee)119 : 1
    CEO total compensation$13,870,354
    Median employee compensation$116,403
    08

    Director compensation — fiscal year 2025

    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
    09

    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—
    09b

    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.

    10

    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.

    10a

    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..

    10b

    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.

    10c

    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%PSU 50 · RSU 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.

    10d

    Frequently asked questions

    Who was the highest-paid executive at Solaris Energy Infrastructure, Inc. in fiscal 2025?
    As disclosed, William Zartler (Chairman and Co-Chief Executive Officer) was the highest-paid executive at Solaris Energy Infrastructure, Inc. in fiscal 2025, with total compensation of $13,870,354.
    How does Solaris Energy Infrastructure, Inc.'s chief executive pay compare to its disclosed peer group?
    As disclosed, William Zartler's total compensation ranked at the 71st percentile of Solaris Energy Infrastructure, Inc.'s disclosed peer group.
    What is Solaris Energy Infrastructure, Inc.'s CEO-to-median employee pay ratio?
    As disclosed, Solaris Energy Infrastructure, Inc.'s CEO-to-median employee pay ratio was 119:1.
    How did shareholders vote on Solaris Energy Infrastructure, Inc.'s executive compensation?
    As disclosed, 86.37% of shareholders supported Solaris Energy Infrastructure, Inc.'s executive compensation in the latest say-on-pay vote.
    How much does Solaris Energy Infrastructure, Inc. spend in total on board compensation for fiscal 2025?
    As disclosed, Solaris Energy Infrastructure, Inc. reported total board compensation of $1,787,921 for fiscal 2025.

    Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

    11

    Source register

    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.

    #SupportsDocumentFiledAccessionLocation in document
    1Section 01, William ZartlerDEF 14A2026-04-010001140361-26-012799Section “Executive Compensation”. As printed: 13,870,354. View filing ↗
    2Section 01, Amanda BrockDEF 14A2026-04-010001140361-26-012799Section “Executive Compensation”. As printed: 7,048,692. View filing ↗
    3Section 01, Kyle RamachandranDEF 14A2026-04-010001140361-26-012799Section “Executive Compensation”. As printed: 4,650,061. View filing ↗
    4Section 01, Cynthia DurrettDEF 14A2026-04-010001140361-26-012799Section “Executive Compensation”. As printed: 2,702,342. View filing ↗
    5Section 01, Christopher PowellDEF 14A2026-04-010001140361-26-012799Section “Executive Compensation”. As printed: 2,521,406. View filing ↗
    6Section 01, Christopher WirtzDEF 14A2026-04-010001140361-26-012799Section “Executive Compensation”. As printed: 759,048. View filing ↗
    7Section 07, pay ratioDEF 14A2026-04-010001140361-26-012799Section “CEO Pay Ratio”. As printed: 119 : 1. View filing ↗
    8Section 08, M. Max YzaguirreDEF 14A2026-04-010001140361-26-012799Section “Director Compensation”. As printed: 299,587. View filing ↗
    9Section 08, Edgar R. GiesingerDEF 14A2026-04-010001140361-26-012799Section “Director Compensation”. As printed: 277,500. View filing ↗
    10Section 08, Laurie H. ArgoDEF 14A2026-04-010001140361-26-012799Section “Director Compensation”. As printed: 255,000. View filing ↗
    11Section 08, Ray N. Walker JrDEF 14A2026-04-010001140361-26-012799Section “Director Compensation”. As printed: 239,167. View filing ↗
    12Section 08, A. James TeagueDEF 14A2026-04-010001140361-26-012799Section “Director Compensation”. As printed: 230,000. View filing ↗
    13Section 08, James R. BurkeDEF 14A2026-04-010001140361-26-012799Section “Director Compensation”. As printed: 230,000. View filing ↗
    14Section 08, W. Howard Keenan JrDEF 14A2026-04-010001140361-26-012799Section “Director Compensation”. As printed: 225,000. View filing ↗
    15Section 08, F. Gardner ParkerDEF 14A2026-04-010001140361-26-012799Section “Director Compensation”. As printed: 31,667. View filing ↗
    16Section 08, Amanda M. BrockDEF 14A2026-04-010001140361-26-012799Section “Director Compensation”. As printed: 0. View filing ↗
    17Section 08, William A. ZartlerDEF 14A2026-04-010001140361-26-012799Section “Director Compensation”. As printed: 0. View filing ↗
    18Section 08, Cynthia M. DurrettDEF 14A2026-04-010001140361-26-012799Section “Director Compensation”. As printed: 0. View filing ↗
    19Section 06, 2026 voteForm 8-K2026-05-190001193125-26-230786Item 5.07 · say-on-pay result. As reported: 86.37% (votes for as printed: 45,600,578). View filing ↗
    20Section 06, 2025 voteForm 8-K2025-05-200001193125-25-123157Item 5.07 · say-on-pay result. As reported: 98.84% (votes for as printed: 57,319,265). View filing ↗
    21Section 06, 2023 voteForm 8-K2023-05-220001558370-23-010316Item 5.07 · say-on-pay result. As reported: 93.44% (votes for as printed: 35,418,137). View filing ↗
    22Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.
    23Section 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.
    24Hut 8 Corp., Section 10b CEO totalDEF 14A2026-04-280001104659-26-049711CEO total compensation as printed in Hut 8 Corp.'s own proxy. As printed: 239,909,042. View filing ↗
    25NRG Energy, Inc., Section 10b CEO totalDEF 14A2026-03-180001104659-26-030844CEO total compensation as printed in NRG Energy, Inc.'s own proxy. As printed: 21,788,422. View filing ↗
    26Baker Hughes Company, Section 10b CEO totalDEF 14A2026-03-300001193125-26-130309CEO total compensation as printed in Baker Hughes Company's own proxy. As printed: 21,363,825. View filing ↗
    27Talen Energy Corporation, Section 10b CEO totalDEF 14A2026-03-190001622536-26-000023CEO total compensation as printed in Talen Energy Corporation's own proxy. As printed: 18,739,647. View filing ↗
    28Solaris Energy Infrastructure, Inc. (subject), Section 10b CEO totalDEF 14A2026-04-010001140361-26-012799CEO total compensation as printed in Solaris Energy Infrastructure, Inc.'s own proxy. As printed: 13,870,354. View filing ↗
    29NOV Inc., Section 10b CEO totalDEF 14A2026-04-090001193125-26-148884CEO total compensation as printed in NOV Inc.'s own proxy. As printed: 12,713,187. View filing ↗
    30Advanced Energy Industries, Inc., Section 10b CEO totalDEF 14A2026-03-260001104659-26-035159CEO total compensation as printed in Advanced Energy Industries, Inc.'s own proxy. As printed: 11,187,208. View filing ↗
    31SPX Technologies, Inc., Section 10b CEO totalDEF 14A2026-03-310000088205-26-000019CEO total compensation as printed in SPX Technologies, Inc.'s own proxy. As printed: 9,338,813. View filing ↗
    32Archrock, Inc., Section 10b CEO totalDEF 14A2026-03-170001104659-26-029581CEO total compensation as printed in Archrock, Inc.'s own proxy. As printed: 9,037,610. View filing ↗
    33Kodiak Gas Services, Inc., Section 10b CEO totalDEF 14A2026-03-270001767042-26-000028CEO total compensation as printed in Kodiak Gas Services, Inc.'s own proxy. As printed: 6,568,143. View filing ↗
    34IES Holdings, Inc., Section 10b CEO totalDEF 14A2026-01-070001048268-26-000018CEO total compensation as printed in IES Holdings, Inc.'s own proxy. As printed: 6,203,398. View filing ↗
    35Liberty Energy Inc., Section 10b CEO totalDEF 14A2026-03-050001999371-26-005123CEO total compensation as printed in Liberty Energy Inc.'s own proxy. As printed: 4,793,487. View filing ↗
    36Powell Industries, Inc., Section 10b CEO totalDEF 14A2026-01-060001140361-26-000342CEO total compensation as printed in Powell Industries, Inc.'s own proxy. As printed: 3,600,369. View filing ↗
    37Bloom Energy Corporation, Section 10b CEO totalDEF 14A2026-04-080001628280-26-024237CEO total compensation as printed in Bloom Energy Corporation's own proxy. As printed: 3,502,747. View filing ↗
    38Cactus, Inc., Section 10b CEO totalDEF 14A2026-03-310001628280-26-022453CEO total compensation as printed in Cactus, Inc.'s own proxy. As printed: 2,524,459. View filing ↗
    39Section 10a, NOV Inc. reciprocityDEF 14A—0001193125-26-148884NOV Inc.'s most recent proxy was read; its disclosed peer group does not include Solaris Energy Infrastructure, Inc.. View filing ↗
    40Section 10a, Bloom Energy Corporation reciprocityDEF 14A—0001628280-26-024237Bloom Energy Corporation's most recent proxy was read; its disclosed peer group does not include Solaris Energy Infrastructure, Inc.. View filing ↗
    41Section 10a, Archrock, Inc. reciprocityDEF 14A—0001104659-26-029581Archrock, Inc.'s most recent proxy was read; its disclosed peer group does not include Solaris Energy Infrastructure, Inc.. View filing ↗
    42Section 10a, Cactus, Inc. reciprocityDEF 14A—0001628280-26-022453Cactus, Inc.'s most recent proxy was read; its disclosed peer group does not include Solaris Energy Infrastructure, Inc.. View filing ↗
    43Section 10a, Baker Hughes Company reciprocityDEF 14A—0001193125-26-130309Baker Hughes Company's most recent proxy was read; its disclosed peer group does not include Solaris Energy Infrastructure, Inc.. View filing ↗
    44Section 10a, NRG Energy, Inc. reciprocityDEF 14A—0001104659-24-034809NRG Energy, Inc.'s most recent proxy was read; its disclosed peer group does not include Solaris Energy Infrastructure, Inc.. View filing ↗
    45Section 10a, SPX Technologies, Inc. reciprocityDEF 14A—0000088205-26-000019SPX Technologies, Inc.'s most recent proxy was read; its disclosed peer group does not include Solaris Energy Infrastructure, Inc.. View filing ↗
    46Section 10a, Hut 8 Corp. reciprocityDEF 14A—0001104659-26-049711Hut 8 Corp.'s most recent proxy was read; its disclosed peer group does not include Solaris Energy Infrastructure, Inc.. View filing ↗
    47Section 10a, Kodiak Gas Services, Inc. reciprocityDEF 14A—0001767042-26-000028Kodiak Gas Services, Inc.'s most recent proxy was read; its disclosed peer group does not include Solaris Energy Infrastructure, Inc.. View filing ↗
    48Section 10a, Talen Energy Corporation reciprocityDEF 14A—0001622536-26-000023Talen Energy Corporation's most recent proxy was read; its disclosed peer group does not include Solaris Energy Infrastructure, Inc.. View filing ↗
    49Section 10a, Advanced Energy Industries, Inc. reciprocityDEF 14A—0001104659-26-035159Advanced Energy Industries, Inc.'s most recent proxy was read; its disclosed peer group does not include Solaris Energy Infrastructure, Inc.. View filing ↗
    50Section 10a, Powell Industries, Inc. reciprocityDEF 14A—0001140361-26-000342Powell Industries, Inc.'s most recent proxy was read; its disclosed peer group does not include Solaris Energy Infrastructure, Inc.. View filing ↗
    51Section 10a, IES Holdings, Inc. reciprocityDEF 14A—0001048268-26-000018IES Holdings, Inc.'s most recent proxy was read; its disclosed peer group does not include Solaris Energy Infrastructure, Inc.. View filing ↗
    52Section 10a, Liberty Energy Inc. reciprocityDEF 14A—0001999371-26-005123Liberty Energy Inc.'s most recent proxy was read; its disclosed peer group does not include Solaris Energy Infrastructure, Inc.. View filing ↗