Applied Digital Management
Management criteria checks 2/4
Applied Digital's CEO is Wes Cummins, appointed in Mar 2021, has a tenure of 4.08 years. total yearly compensation is $1.24M, comprised of 48.5% salary and 51.5% bonuses, including company stock and options. directly owns 1.34% of the company’s shares, worth €12.45M. The average tenure of the management team and the board of directors is 0.7 years and 3.9 years respectively.
Key information
Wes Cummins
Chief executive officer
US$1.2m
Total compensation
| CEO salary percentage | 48.5% |
| CEO tenure | 4.1yrs |
| CEO ownership | 1.3% |
| Management average tenure | less than a year |
| Board average tenure | 3.9yrs |
Recent management updates
No updates
Recent updates
No updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Feb 28 2025 | n/a | n/a | -US$244m |
| Nov 30 2024 | n/a | n/a | -US$271m |
| 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 above average for companies of similar size in the Italian market ($USD789.02K).
Compensation vs Earnings: Wes's compensation has been consistent with company performance over the past year.
CEO
Wes Cummins (46 yo)
4.1yrs
Tenure
US$1,237,002
Compensation
Mr. Wesley Theta Carl Cummins, also known as Wes, serves as Chairman, Chief Executive Officer, Secretary and Treasurer of Applied Digital Corporation since March 2021 and its Director since March 11, 2021...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 4.1yrs | US$1.24m | 1.34% € 12.5m | |
| Chief Financial Officer | less than a year | no data | 0.11% € 1.0m | |
| Chief Operating Officer | less than a year | no data | no data | |
| Chief Compliance Officer & General Counsel | less than a year | no data | no data | |
| Executive Vice President of Public Affairs | 4.3yrs | 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 |
0.7yrs
Average Tenure
Experienced Management: 1APLD's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 4.1yrs | US$1.24m | 1.34% € 12.5m | |
| Lead Independent Director | 4yrs | US$406.23k | 0.090% € 838.2k | |
| Independent Director | 3.8yrs | US$1.43m | 0.14% € 1.3m | |
| Independent Director | 4yrs | US$370.82k | 0.27% € 2.5m | |
| Independent Director | 1.2yrs | US$359.58k | 0.035% € 327.9k | |
| Independent Director | less than a year | US$336.43k | 0.045% € 420.0k |
3.9yrs
Average Tenure
45.5yo
Average Age
Experienced Board: 1APLD's board of directors are considered experienced (3.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/29 06:57 |
| End of Day Share Price | 2025/04/29 00:00 |
| Earnings | 2025/02/28 |
| 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.
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 Github.
Analyst Sources
Applied Digital Corporation is covered by 12 analysts. 7 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 |
|---|---|
| Nicholas Giles | B. Riley Securities, Inc. |
| Lucas Pipes | B. Riley Securities, Inc. |
| Brett Knoblauch | Cantor Fitzgerald & Co. |