Argo Blockchain Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Tom Chippas

Chief executive officer

US$3.7m

Total compensation

CEO salary percentage	1.0%
CEO tenure	less than a year
CEO ownership	n/a
Management average tenure	2yrs
Board average tenure	3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Tom Chippas's remuneration changed compared to Argo Blockchain's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	-US$48m
Jun 30 2024	n/a	n/a	-US$49m
Mar 31 2024	n/a	n/a	-US$29m
Dec 31 2023	US$4m	US$39k	-US$35m

Compensation vs Market: Tom's total compensation ($USD3.69M) is above average for companies of similar size in the German market ($USD474.54K).

Compensation vs Earnings: Insufficient data to compare Tom's compensation with company performance.

CEO

Tom Chippas (53 yo)

less than a year

Tenure

US$3,685,265

Compensation

Mr. Thomas Joseph Chippas, also known as Tom, serves as Chief Executive Officer & Director at Argo Blockchain plc since November 27, 2023. He served as the Chief Executive Officer and Director of Eris Clea...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Thomas Chippas	CEO & Director	less than a year	US$3.69m	no data
James MacCallum	Chief Financial Officer	1.6yrs	US$838.52k	no data
Alana Marks	Vice President of People & Culture	2.5yrs	no data	no data
Sebastien Chalus	Chief Strategy Officer	3.8yrs	no data	no data

2.0yrs

Average Tenure

Experienced Management: 0XP's management team is considered experienced (2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Thomas Chippas	CEO & Director	less than a year	US$3.69m	no data
Maria Perrella	Independent Non-Executive Director	3.3yrs	US$129.75k	0.0094% € 5.5k
Raghav Chopra	Independent Non-Executive Director	2.8yrs	US$135.11k	no data
Matthew Shaw	Independent Non-Executive Chairman	5.3yrs	US$170.55k	0.022% € 12.5k

3.0yrs

Average Tenure

56yo

Average Age

Experienced Board: 0XP's board of directors are considered experienced (3 years average tenure).

Argo Blockchain Management

Management criteria checks 2/4

Key information

Recent management updates

Argo Blockchain PLC, Annual General Meeting, Jun 06, 2024

Argo Blockchain plc Appoints Thomas Chippas as Chief Executive Officer

Argo Blockchain plc Appoints Thomas Chippas as Director

Argo Blockchain plc, Annual General Meeting, Jun 30, 2023

Argo Blockchain plc Announces Chief Executive Officer Changes

Argo Blockchain plc Announces Executive Changes

Recent updates

Argo Blockchain plc to Report Q3, 2024 Results on Nov 20, 2024

Argo Blockchain plc Announces Dismissal of Class Action Lawsuit, Filed in the Eastern District of New York on 26 January 2023

Second quarter 2024 earnings released: US$0.035 loss per share (vs US$0.016 loss in 2Q 2023)

Argo Blockchain plc to Report Q2, 2024 Results on Aug 28, 2024

Argo Blockchain plc to Report Q1, 2024 Results on May 23, 2024

Argo Blockchain PLC, Annual General Meeting, Jun 06, 2024

Full year 2023 earnings released

Argo Blockchain plc to Report Fiscal Year 2023 Results on Apr 25, 2024

New minor risk - Market cap size

Argo Blockchain plc has completed a Follow-on Equity Offering in the amount of £7.80312 million.

Argo Blockchain plc Appoints Thomas Chippas as Chief Executive Officer

Argo Blockchain plc Appoints Thomas Chippas as Director

Third quarter 2023 earnings released: US$0.019 loss per share (vs US$0.18 loss in 3Q 2022)

Argo Blockchain plc to Report Q3, 2023 Results on Nov 14, 2023

Second quarter 2023 earnings released: US$0.016 loss per share (vs US$0.099 loss in 2Q 2022)

Argo Blockchain plc to Report Q2, 2023 Results on Aug 29, 2023

New minor risk - Shareholder dilution

New minor risk - Profitability

Argo Blockchain plc, Annual General Meeting, Jun 30, 2023

First quarter 2023 earnings released: US$0.018 loss per share (vs US$0.004 profit in 1Q 2022)

Argo Blockchain plc to Report Q1, 2023 Results on Jun 06, 2023

Full year 2022 earnings released: UK£0.41 loss per share (vs UK£0.077 profit in FY 2021)

Argo Blockchain plc Announces Chief Executive Officer Changes

Argo Blockchain plc Announces Executive Changes

Argo Blockchain plc Announces Executive Changes

Pomerantz Law Firm Announces the Filing of a Class Action Against Argo Blockchain plc and Certain Officers and Directors

Argo Blockchain Announces Regained Compliance with Nasdaq

Galaxy Digital Holdings Ltd. (TSX:GLXY) acquired Helios bitcoin mining facility and its related operations from Argo Blockchain plc (LSE:ARB) for $65 million on December 28, 2022.

Galaxy Digital Holdings Ltd. (TSX:GLXY) entered into definitive agreement to acquire Helios bitcoin mining facility and its related operations from Argo Blockchain plc (LSE:ARB) for $65 million.

Argo Blockchain Announces Nasdaq Notification - Minimum Bid Price Deficiency

High number of new and inexperienced directors

Now 46% undervalued after recent price drop

Argo Blockchain plc Announces Perry Hothi to Step Down from His Role as Chief Technology Officer, Effective October 15, 2022

Argo Blockchain plc announced that it expects to receive £24.012 million in funding

Second quarter 2022 earnings released: UK£0.077 loss per share (vs UK£0.027 loss in 2Q 2021)

Argo Blockchain plc to Report Q2, 2022 Results on Aug 24, 2022

DMG Blockchain Solutions Inc. Launches Terra Pool, A Clean, Renewable Energy Bitcoin Mining Pool Partnership with Argo Blockchain plc

Argo Blockchain plc, Annual General Meeting, Jun 29, 2022

Argo Blockchain plc to Report Q1, 2022 Results on May 17, 2022

Argo Blockchain plc Announces Promotion of Justin Nolan to Chief Growth Officer

Full year 2021 earnings released: EPS: UK£0.077 (vs UK£0.005 in FY 2020)

High number of new and inexperienced directors

Argo Blockchain plc to Report Fiscal Year 2021 Results on Apr 27, 2022

Argo Blockchain plc Appoints Seif El-Bakly as Chief Operating Officer

Argo Blockchain plc Appoints Raghav Chopra as an Independent Non-Executive Director

Investor sentiment improved over the past week

Argo Blockchain plc Reaches an Amicable Resolution with Celsius

Investor sentiment deteriorated over the past week

Independent Non-Executive Director recently bought €62k worth of stock

Third quarter 2021 earnings released: EPS UK£0.03 (vs UK£0.001 in 3Q 2020)

Investor sentiment improved over the past week

Argo Blockchain plc has completed a Follow-on Equity Offering in the amount of $112.5 million.

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

First half 2021 earnings released: EPS UK£0.019 (vs UK£0.002 in 1H 2020)

Non-Executive Director & Company Secretary James Savage has left the company

Executive Chairman Ian MacLeod has left the company

Independent Non-Executive Director Marco D'Attanasio has left the company

Argo Blockchain plc (LSE:ARB) completed the acquisition of two clean energy mining facilities in Quebec from GPU.One Enterprise Inc.

Argo Blockchain plc (LSE:ARB) entered to an agreement to acquire two clean energy mining facilities in Quebec.

Argo Blockchain plc has completed a Follow-on Equity Offering in the amount of £26.799198 million.

Argo Blockchain Signs Commercial Agreement with ePIC Blockchain Technologies

New 90-day high: €1.50

Argo Blockchain plc announced that it has received £22.401137 million in funding

Argo Blockchain plc Provides Operational Update for January 2021

Argo Blockchain plc Announces 1295 New Mining Machines in Production

New 90-day high: €1.35

New 90-day high: €0.67

New 90-day high: €0.26