Bitfarms Management
Management criteria checks 2/4
We currently do not have sufficient information about the CEO.
Key information
Ben Gagnon
Chief executive officer
US$679.4k
Total compensation
| CEO salary percentage | 34.0% |
| CEO tenure | less than a year |
| CEO ownership | n/a |
| Management average tenure | 1.7yrs |
| Board average tenure | less than a year |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$126m |
| Jun 30 2024 | n/a | n/a | -US$106m |
| Mar 31 2024 | n/a | n/a | -US$106m |
| Dec 31 2023 | US$679k | US$231k | -US$104m |
| Sep 30 2023 | n/a | n/a | -US$314k |
| Jun 30 2023 | n/a | n/a | -US$69m |
| Mar 31 2023 | n/a | n/a | -US$184m |
| Dec 31 2022 | US$987k | US$188k | -US$176m |
| Sep 30 2022 | n/a | n/a | -US$213m |
| Jun 30 2022 | n/a | n/a | -US$104m |
| Mar 31 2022 | n/a | n/a | US$34m |
| Dec 31 2021 | US$2m | US$158k | US$22m |
| Sep 30 2021 | n/a | n/a | US$7m |
| Jun 30 2021 | n/a | n/a | -US$21m |
| Mar 31 2021 | n/a | n/a | -US$21m |
| Dec 31 2020 | US$247k | US$129k | -US$16m |
Compensation vs Market: Ben's total compensation ($USD679.41K) is below average for companies of similar size in the German market ($USD1.46M).
Compensation vs Earnings: Ben's compensation has been consistent with company performance over the past year.
CEO
Ben Gagnon
less than a year
Tenure
US$679,412
Compensation
Mr. Benjamin Gagnon, also known as Ben, is Chief Executive Officer of Bitfarms Ltd. from July 8, 2024 and serves as its Director since August 12, 2024. Mr. Gagnon was Chief Mining Officer of Bitfarms Ltd....
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | less than a year | US$679.41k | no data | |
| Chief Financial Officer | 3.4yrs | US$2.61m | 0.018% € 168.2k | |
| Chief Infrastructure Officer | less than a year | US$827.76k | 0.00050% € 4.8k | |
| Chief Operating Officer | less than a year | no data | no data | |
| Senior Vice President of Finance & Accounting | 2.5yrs | no data | no data | |
| Senior VP and Head of Investor Relations & Corp. Comms. | less than a year | no data | no data | |
| Executive Vice President of Corporate Development | 2.8yrs | no data | 0.0011% € 10.1k | |
| Senior Vice President of Human Resources | 2.8yrs | no data | no data | |
| Vice President of Taxation & Sustainability | 2.8yrs | no data | 0.0023% € 21.8k | |
| Senior Vice President of Global Mining Operations | less than a year | no data | no data | |
| U.S. General Counsel | no data | no data | 0.00029% € 2.8k | |
| VP & Corporate Secretary | 2.8yrs | no data | no data |
1.7yrs
Average Tenure
56yo
Average Age
Experienced Management: 1B2's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | less than a year | US$679.41k | no data | |
| Independent Chairman | 4.6yrs | US$815.47k | 0.0021% € 20.2k | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 2yrs | US$401.97k | no data | |
| Independent Director | no data | no data | no data | |
| Independent Director | less than a year | no data | no data |
0.3yrs
Average Tenure
Experienced Board: 1B2's board of directors are not considered experienced ( 0.3 years average tenure), which suggests a new board.