Hut 8 Management
Management criteria checks 2/4
We currently do not have sufficient information about the CEO.
Key information
Asher Genoot
Chief executive officer
US$1.7m
Total compensation
| CEO salary percentage | 15.5% |
| CEO tenure | less than a year |
| CEO ownership | 3.3% |
| Management average tenure | no data |
| Board average tenure | 1.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$190m |
| Jun 30 2024 | n/a | n/a | US$185m |
| Mar 31 2024 | n/a | n/a | US$254m |
| Dec 31 2023 | US$2m | US$266k | US$22m |
| Sep 30 2023 | n/a | n/a | -US$69m |
| Jun 30 2023 | n/a | n/a | -US$66m |
| Mar 31 2023 | n/a | n/a | -US$89m |
| Dec 31 2022 | n/a | n/a | -US$111m |
| Sep 30 2022 | n/a | n/a | -US$32m |
| Jun 30 2022 | US$5m | US$250k | -US$32m |
Compensation vs Market: Asher's total compensation ($USD1.72M) is about average for companies of similar size in the Canadian market ($USD2.10M).
Compensation vs Earnings: Asher's compensation has been consistent with company performance over the past year.
CEO
Asher Genoot (28 yo)
less than a year
Tenure
US$1,717,328
Compensation
Mr. Asher Kevin Genoot is President of Hut 8 Mining Corp. from 2023. He is Co-Founder of Hut 8 Mining Corp. and serves as its Director and serves as its Chief Executive Officer since February 07, 2024. He...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | no data | US$1.72m | 3.25% CA$ 104.9m | |
| Co-Founder | no data | US$6.23m | 6.76% CA$ 217.9m | |
| Independent Chairman of the Board | 1.1yrs | US$157.40k | 0.17% CA$ 5.4m | |
| Independent Director | no data | US$51.13k | 0.24% CA$ 7.8m | |
| Independent Director | 1.1yrs | US$51.13k | 0.078% CA$ 2.5m | |
| Independent Director | 1.1yrs | US$145.52k | 0.018% CA$ 568.2k | |
| Independent Director | 1.1yrs | US$150.97k | 0.013% CA$ 408.4k | |
| Independent Director | no data | US$51.13k | 0.019% CA$ 607.2k |
1.1yrs
Average Tenure
60yo
Average Age
Experienced Board: HUT's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 08:58 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Hut 8 Corp. is covered by 9 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mark Palmer | Benchmark Company |
| Joseph Vafi | Canaccord Genuity |
| Brett Knoblauch | Cantor Fitzgerald & Co. |