Iron Mountain Management

Management criteria checks 3/4

Iron Mountain's CEO is Bill Meaney, appointed in Jan 2013, has a tenure of 11.83 years. total yearly compensation is $14.87M, comprised of 8% salary and 92% bonuses, including company stock and options. directly owns 0.1% of the company’s shares, worth R$196.86M. The average tenure of the management team and the board of directors is 4.9 years and 9.3 years respectively.

Key information

Bill Meaney

Chief executive officer

US$14.9m

Total compensation

CEO salary percentage	8.0%
CEO tenure	11.8yrs
CEO ownership	0.1%
Management average tenure	4.9yrs
Board average tenure	9.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Bill Meaney's remuneration changed compared to Iron Mountain's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$105m
Jun 30 2024	n/a	n/a	US$229m
Mar 31 2024	n/a	n/a	US$194m
Dec 31 2023	US$15m	US$1m	US$184m
Sep 30 2023	n/a	n/a	US$278m
Jun 30 2023	n/a	n/a	US$379m
Mar 31 2023	n/a	n/a	US$579m
Dec 31 2022	US$15m	US$1m	US$557m
Sep 30 2022	n/a	n/a	US$496m
Jun 30 2022	n/a	n/a	US$372m
Mar 31 2022	n/a	n/a	US$447m
Dec 31 2021	US$17m	US$1m	US$450m
Sep 30 2021	n/a	n/a	US$636m
Jun 30 2021	n/a	n/a	US$607m
Mar 31 2021	n/a	n/a	US$324m
Dec 31 2020	US$12m	US$1m	US$343m
Sep 30 2020	n/a	n/a	US$133m
Jun 30 2020	n/a	n/a	US$202m
Mar 31 2020	n/a	n/a	US$302m
Dec 31 2019	US$11m	US$1m	US$267m
Sep 30 2019	n/a	n/a	US$387m
Jun 30 2019	n/a	n/a	US$357m
Mar 31 2019	n/a	n/a	US$357m
Dec 31 2018	US$11m	US$1m	US$366m
Sep 30 2018	n/a	n/a	US$234m
Jun 30 2018	n/a	n/a	US$182m
Mar 31 2018	n/a	n/a	US$171m
Dec 31 2017	US$10m	US$1m	US$176m

Compensation vs Market: Bill's total compensation ($USD14.87M) is above average for companies of similar size in the BR market ($USD5.74M).

Compensation vs Earnings: Bill's compensation has been consistent with company performance over the past year.

CEO

Bill Meaney (64 yo)

11.8yrs

Tenure

US$14,867,140

Compensation

Mr. William L. Meaney, also known as Bill, BSc, MEng, MSIA, serves as an Independent Director of State Street Corporation since March 29, 2018. Mr. Meaney serves as Director at State Street Bank and Trust...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
William Meaney	President	11.8yrs	US$14.87m	0.10% R$ 196.9m
Barry Hytinen	Executive VP & CFO	4.8yrs	US$5.13m	0.038% R$ 73.5m
Mark Kidd	Executive VP and GM of Iron Mountain Data Centers & Asset Lifecycle Management	11.6yrs	US$3.87m	0.021% R$ 41.9m
Greg McIntosh	Executive VP	4.9yrs	US$3.00m	0.0062% R$ 12.1m
Daniel Borges	Chief Accounting Officer & Senior VP	7.1yrs	no data	no data
Gillian Tiltman	Senior VP & Head of Investor Relations	2.8yrs	no data	no data
Michelle Altamura	Executive VP	less than a year	no data	0.00078% R$ 1.5m
Edward Greene	Executive VP & Chief Human Resources Officer	3.9yrs	no data	no data
Garry Watzke	Senior Vice President	no data	no data	no data
Ellen Hall	Global Head of Real Estate Investment & Corporate Development	9.4yrs	no data	no data
Carole Meixsell	Senior Vice President of Global Delivery & Support	no data	no data	no data
Greg Lever	Managing Director of Australia	no data	no data	no data

4.9yrs

Average Tenure

53yo

Average Age

Experienced Management: I1RM34's management team is considered experienced (4.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
William Meaney	President	11.8yrs	US$14.87m	0.10% R$ 196.9m
Kent Dauten	Independent Director	27yrs	US$294.96k	0.41% R$ 802.6m
Walter Rakowich	Independent Director	11.3yrs	US$314.96k	0.012% R$ 23.4m
Monte Ford	Independent Director	6yrs	US$299.96k	0.0094% R$ 18.4m
Doyle Simons	Independent Director	4.8yrs	US$377.83k	no data
Clarke Bailey	Independent Director	26.8yrs	US$516.71k	0.060% R$ 117.5m
Pamela Arway	Independent Chairperson of the Board	10.5yrs	US$429.96k	0.013% R$ 25.3m
Jennifer Allerton	Independent Director	10.2yrs	US$279.96k	0.0056% R$ 11.0m
Theodore Samuels	Independent Director	1.3yrs	US$190.43k	0.0075% R$ 14.7m
Robin Matlock	Independent Director	5.3yrs	US$287.31k	0.0083% R$ 16.2m
Wendy Murdock	Independent Non-Executive Director	8.5yrs	US$299.96k	0.0050% R$ 9.9m
Andre Maciel	Director	less than a year	no data	0.00055% R$ 1.1m

9.3yrs

Average Tenure

67yo

Average Age

Experienced Board: I1RM34's board of directors are considered experienced (9.3 years average tenure).

Iron Mountain Management

Management criteria checks 3/4

Key information

Recent management updates

Iron Mountain Incorporated Announces the Election of Andre Maciel to the Board of Directors

Iron Mountain Incorporated Approves Committee Appointments

Iron Mountain Incorporated Appoints Arvind Subramanian as Executive Vice President and Managing Director of India

Iron Mountain Incorporated Appoints Theodore R. Samuels to the Board of Directors

Iron Mountain Incorporated Announces Executive Changes

Iron Mountain Appoints Mithu Bhargava as Executive Vice President and General Manager for Digital Solutions

Recent updates

Iron Mountain Incorporated Declares Quarterly Cash Dividend, Payable on January 7, 2025

Iron Mountain Incorporated to Report Q3, 2024 Results on Nov 06, 2024

Iron Mountain Incorporated Declares Quarterly Cash Dividend, Payable on October 3, 2024

Iron Mountain Incorporated Announces the Election of Andre Maciel to the Board of Directors

Iron Mountain Incorporated to Report Q2, 2024 Results on Aug 01, 2024

Iron Mountain Incorporated Approves Committee Appointments

Iron Mountain Incorporated Declares Quarterly Cash Dividend for the Second Quarter 2024, Payable on July 5, 2024

Iron Mountain Incorporated to Report Q1, 2024 Results on May 02, 2024

Iron Mountain Incorporated Declares Quarterly Cash Dividend for the First Quarter of 2024, Payable on April 4, 2024

Iron Mountain Incorporated to Report Q4, 2023 Results on Feb 22, 2024

Iron Mountain Incorporated (NYSE:IRM) completed the acquisition of Regency Technologies.

Iron Mountain Incorporated Declares Quarterly Cash Dividend for the Fourth Quarter, Payable on January 4, 2024

Iron Mountain Incorporated (NYSE:IRM) has entered into a definitive agreement to acquire Regency Technologies for $200 million.

Iron Mountain Incorporated to Report Q3, 2023 Results on Nov 02, 2023

Iron Mountain Incorporated Appoints Arvind Subramanian as Executive Vice President and Managing Director of India

Iron Mountain Incorporated Affirms Earnings Guidance for the Full Year 2023

Iron Mountain Incorporated Appoints Theodore R. Samuels to the Board of Directors

Iron Mountain Incorporated announced that it expects to receive $1 billion in funding

Iron Mountain Incorporated Provides Financial Guidance for the Second Quarter of 2023

Iron Mountain Declares Quarterly Cash Dividend for the Second Quarter, Payable on July 6, 2023

Iron Mountain Incorporated Announces Executive Changes

Iron Mountain Incorporated to Report Q4, 2022 Results on Feb 23, 2023

Iron Mountain Appoints Mithu Bhargava as Executive Vice President and General Manager for Digital Solutions

Iron Mountain Incorporated (NYSE:IRM) acquired Xdata Properties from Stoneshield Capital for €90 million.

Iron Mountain Incorporated Declares Quarterly Cash Dividend for the Fourth Quarter 2022, Payable on January 5, 2023

Iron Mountain Incorporated to Report Q3, 2022 Results on Nov 03, 2022

Iron Mountain Incorporated Affirms Revenue Guidance for the Full Year 2022

Iron Mountain Incorporated Declares Quarterly Cash Dividend for the Third Quarter 2022, Payable on October 4, 2022

Iron Mountain Incorporated Announces Iron Mountain InSight SaaS Platform Extends Capabilities On AWS

Iron Mountain Incorporated to Report Q2, 2022 Results on Aug 04, 2022

Iron Mountain Incorporated to Report Q1, 2022 Results on Apr 28, 2022

Iron Mountain Incorporated, Annual General Meeting, May 10, 2022

Iron Mountain Incorporated Provides Earnings Guidance for the Year 2022

Iron Mountain Incorporated to Report Q4, 2021 Results on Feb 24, 2022

Iron Mountain Incorporated (NYSE:IRM) completed the acquisition of 80% stake in ITRenew, Inc. from ZelnickMedia Corporation and others.

Iron Mountain Incorporated (NYSE:IRM) entered into a definitive agreement to acquire 80% stake in ITRenew, Inc. from ZelnickMedia Corporation and others for approximately $725 million.

Intermediate Capital Group plc (LSE:ICP) acquired Portfolio of Five Facilities from Iron Mountain Incorporated (NYSE:IRM) for approximately $180 million.

NCC Group plc (LSE:NCC) acquired Intellectual Property Management business of Iron Mountain Incorporated.

NCC Group plc (LSE:NCC) entered into an agreement to acquire Intellectual Property Management business from Iron Mountain Incorporated (NYSE:IRM) for $220 million.

Iron Mountain Declares Quarterly Cash Dividend, Payable on July 6, 2021

Iron Mountain Incorporated to Report Q4, 2020 Results on Feb 24, 2021

DE-CIX Deploys at Iron Mountain’s New Jersey Data Center, Increasing Interconnection Options

Iron Mountain Incorporated Appoints Edward E. Greene as Its New Executive Vice President, Chief Human Resources Officer

Iron Mountain Executes Six Megawatt Expansion with Fortune 100 Customer At AZP-2 Data Center in Phoenix

Blackstone Real Estate Income Trust, Inc. acquired portfolio of 13 industrial facilities in California, Northern New Jersey and Lehigh Valley from Iron Mountain Incorporated (NYSE:IRM) for approximately $360 million.

Iron Mountain Incorporated to Report Q3, 2020 Results on Nov 05, 2020

Iron Mountain Inc. Teams with Birch Infrastructure, PBLLC and Resurety to Derisk Renewable Energy Procurement

Iron Mountain Reportedly in Talks to Buy Web Werks

Iron Mountain Executes Six Megawatt Pre-Lease with Fortune 100 Customer at AZP-2 Data Center in Phoenix

Iron Mountain Incorporated signed a definitive agreement to acquire Stratify, Inc. for approximately $150 million from Mobius Venture Capital, In-Q-Tel, Intel Capital and others.

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age