Sundar PichaiSundar Pichai earned $164M in 2023

Edward Kovalik, born in 1974, has built a career centered around finance and corporate management. He has held executive positions at several companies, notably at Crown Electrokinetics Corp. where he was CEO from February 2021 to October 2022. His leadership...

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Edward Kovalik

CEO of Prairie Operating Co.

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

CEO of Prairie Operating Co. for

1 year 11 months (May 2023 - Present)

Previous Experience

Unknown

Rivals

Competitors/colleagues of Edward Kovalik

Holdings

See how much did Edward Kovalik make over time.

Throughout 2021, Edward Kovalik made significant stock trades, with values ranging from $1.96 million down to $1.25 million monthly, showcasing his active involvement in the market. After 2021, trading values began a gradual decline, dipping below $1 million by early...

Insider Trading

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CRKN

400,000 shares

CRKN

Feb 20, 2021

Received

Compensation History

See how much did Edward Kovalik make over time.

Edward Kovalik's compensation has seen substantial changes over the years. In 2021, he earned a total of $412,500, primarily from vested stock units worth approximately $2.2 million. This substantial compensation highlighted a successful year for him in a leadership role. However, in 2022 and 2023, his pay dropped to a flat salary of $184,229 with no bonuses or stock awards. This stark change could reflect either a strategic shift in Crown Electrokinetics or adjustments in Kovalik's role in the company as it navigates through its growth phase and market challenges. The absence of bonuses or stock options in recent years points to a trend of stricter compensation models focusing on performance alignment rather than payouts.

Year

2023

Total Compensation

$184.23K

Salary

$184.23K

Board Justification

The company aims to align compensation with performance and retention strategies, though specific details for Kovalik were not provided as he was a former executive.

Bonus

$0.00

Board Justification

No bonus was awarded for the year 2023.

Other

$0.00

Board Justification

No other compensation was reported for 2023.

Restricted Stock

$0.00(0 Common Stock)

Board Justification

No stock was vested in 2023.

Performance Metrics

No specific performance metrics were disclosed for Kovalik's compensation.

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