Applied Digital Management
Management criteria checks 3/4
Applied Digital's CEO is Wes Cummins, appointed in Mar 2021, has a tenure of 3.83 years. total yearly compensation is $1.24M, comprised of 48.5% salary and 51.5% bonuses, including company stock and options. directly owns 1.83% of the company’s shares, worth €28.87M. The average tenure of the management team and the board of directors is 0.5 years and 3.7 years respectively.
Key information
Wes Cummins
Chief executive officer
US$1.2m
Total compensation
| CEO salary percentage | 48.5% |
| CEO tenure | 3.8yrs |
| CEO ownership | 1.8% |
| Management average tenure | less than a year |
| Board average tenure | 3.7yrs |
Recent management updates
No updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Aug 31 2024 | n/a | n/a | -US$142m |
| May 31 2024 | US$1m | US$600k | -US$149m |
| Feb 29 2024 | n/a | n/a | -US$91m |
| Nov 30 2023 | n/a | n/a | -US$35m |
| Aug 31 2023 | n/a | n/a | -US$52m |
| May 31 2023 | US$6m | US$313k | -US$45m |
| Feb 28 2023 | n/a | n/a | -US$43m |
| Nov 30 2022 | n/a | n/a | -US$38m |
| Aug 31 2022 | n/a | n/a | -US$13m |
| May 31 2022 | US$5m | US$279k | -US$22m |
| Feb 28 2022 | n/a | n/a | -US$18m |
| Nov 30 2021 | n/a | n/a | -US$16m |
| Aug 31 2021 | n/a | n/a | -US$15m |
| May 31 2021 | US$208k | US$52k | -US$568k |
Compensation vs Market: Wes's total compensation ($USD1.24M) is about average for companies of similar size in the German market ($USD1.50M).
Compensation vs Earnings: Wes's compensation has been consistent with company performance over the past year.
CEO
Wes Cummins (46 yo)
3.8yrs
Tenure
US$1,237,002
Compensation
Mr. Wesley Theta Carl Cummins, also known as Wes, serves as Chairman, CEO, Secretary & Treasurer of Applied Digital Corporation since March 2021 and its Director since March 11, 2021 and also serves as its...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 3.8yrs | US$1.24m | 1.83% € 28.9m | |
| Chief Technology Officer | 3.3yrs | US$1.78m | 0.061% € 952.5k | |
| Chief Administrative Officer | less than a year | US$987.00k | 0.18% € 2.9m | |
| Chief Financial Officer | less than a year | no data | 0.071% € 1.1m | |
| Senior Vice President of Operations | less than a year | no data | no data | |
| General Counsel | less than a year | no data | no data | |
| Executive Vice President of Public Affairs & Real Estate Acquisitions | 4yrs | no data | no data | |
| Chief Marketing Officer | no data | no data | no data | |
| Vice President of Human Resources | no data | no data | no data | |
| Chief Development Officer | less than a year | no data | no data | |
| Chief Revenue Officer | less than a year | no data | no data |
0.5yrs
Average Tenure
45yo
Average Age
Experienced Management: FLH0's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 3.8yrs | US$1.24m | 1.83% € 28.9m | |
| Lead Independent Director | 3.8yrs | US$406.23k | 0.099% € 1.6m | |
| Independent Director | 3.6yrs | US$1.43m | 0.16% € 2.5m | |
| Independent Director | 3.8yrs | US$370.82k | 0.29% € 4.5m | |
| Independent Director | less than a year | US$359.58k | 0.037% € 590.1k | |
| Independent Director | less than a year | US$336.43k | 0.048% € 755.8k |
3.7yrs
Average Tenure
46yo
Average Age
Experienced Board: FLH0's board of directors are considered experienced (3.7 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 02:21 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/08/31 |
| Annual Earnings | 2024/05/31 |
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 |
|
|
| 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
Applied Digital Corporation is covered by 10 analysts. 6 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 |
|---|---|
| Lucas Pipes | B. Riley Securities, Inc. |
| Brett Knoblauch | Cantor Fitzgerald & Co. |
| Caydee Blankenship | CFRA Equity Research |