Sundar PichaiSundar Pichai earned $164M in 2023

Jeffery Tolnar is the President of Shoals Technologies Group, where he took on the role in December 2022 after serving as Senior Vice President of Electric Vehicle Solutions since 2021. He has a wealth of experience spanning over 30 years...

Quick Links
S

Jeffery Tolnar

Ex-CEO of Shoals Technologies Group, Inc.

Education

MBA from Baker University

Field of Expertise

Business & Management

Sector of Economy

Energy

Born

January 1, 1963 - 62 years ago

CEO of Shoals Technologies Group, Inc. for

0 years 4 months (Mar 2023 - Jul 2023)

Previous Experience

President of Shoals Technologies Group, Inc.

Holdings

See how much did Jeffery Tolnar make over time.

In early 2023, Jeffery Tolnar's stock holdings were substantial, starting with a value of $1.93 million in January. Over the months, these holdings fluctuated, reflecting both the market's response to his leadership and the company's ongoing developments. By late 2023,...

Mar 18, 2025

Total Stock Sold

$343.02K

SHLS

$343.02K

30,410 SHLS shares

What if they kept their stock?

If Jeffery Tolnar didn't sell their stock, today they would have:
Extra SHLS30,410 shares worth $942.10K.
This is 174.65% and $599.08K more than what they got when they sold the stock.

Insider Trading

See recent insider trades of Jeffery Tolnar.

SHLS

$15.55K

SHLS at $2.88/share

Mar 10, 2025

Sale

SHLS

$17.81K

SHLS at $3.07/share

Mar 5, 2025

Sale

SHLS

130,719 shares

SHLS

Feb 20, 2025

Received

SHLS

12,206 shares

SHLS

Feb 18, 2025

Received

SHLS

$6.09K

SHLS at $4.65/share

Dec 5, 2024

Sale

SHLS

$13.38K

SHLS at $6.34/share

Sep 16, 2024

Sale

SHLS

32,895 shares

SHLS

Jul 8, 2024

Received

SHLS

$35.86K

SHLS at $13.04/share

Mar 8, 2024

Sale

SHLS

38,987 shares

SHLS

Feb 27, 2024

Received

SHLS

$35.38K

SHLS at $14.15/share

Dec 5, 2023

Sale

Compensation History

See how much did Jeffery Tolnar make over time.

In 2023, Jeffery Tolnar earned a total compensation of $2,217,300, which included a base salary of $490,000 and various bonuses. Among those bonuses, a notable $90,000 lump-sum was awarded for his service as interim CEO. His compensation reflects both his role in steering Shoals Technologies through a pivotal time and his commitment to the company's growth. The structure of his compensation aligns with performance, demonstrating a focus on results-driven leadership. This compensation strategy is designed to motivate executives and ensure they are closely aligned with shareholder interests.

Year

2023

Total Compensation

$963.04K

Salary

$415.00K

Board Justification

The compensation philosophy aims to attract, retain, and motivate top talent, aligning pay with performance and shareholder value.

Bonus

$90.00K

Board Justification

A one-time lump-sum cash payment paid on September 1, 2023, conditioned upon continued employment for six months as interim CEO.

Other

$13.20K

Board Justification

Employer matching contributions paid pursuant to the Company’s 401(k) plan.

Restricted Stock

$444.84K(21.07K RSU)

Board Justification

RSUs that vested during the fiscal year 2023, reflecting performance and continued employment.

Performance Metrics

Adjusted EBITDA and individual performance goals.