Applied Digital Management
Management criteria checks 1/4
Applied Digital's CEO is Wes Cummins, appointed in Mar 2021, has a tenure of 4.58 years. total yearly compensation is $27.71M, comprised of 2.5% salary and 97.5% bonuses, including company stock and options. directly owns 1.02% of the company’s shares, worth €84.11M. The average tenure of the management team and the board of directors is 1.2 years and 4.4 years respectively.
Key information
Wes Cummins
Chief executive officer
US$27.7m
Total compensation
| CEO salary percentage | 2.55% |
| CEO tenure | 4.6yrs |
| CEO ownership | 1.0% |
| Management average tenure | 1.2yrs |
| Board average tenure | 4.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Aug 31 2025 | n/a | n/a | -US$205m |
| May 31 2025 | US$28m | US$706k | -US$161m |
| Feb 28 2025 | n/a | n/a | -US$149m |
| Nov 30 2024 | n/a | n/a | -US$175m |
| Aug 31 2024 | n/a | n/a | -US$47m |
| May 31 2024 | US$1m | US$600k | -US$74m |
| 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$44m |
| 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$568k |
Compensation vs Market: Wes's total compensation ($USD27.71M) is above average for companies of similar size in the Italian market ($USD3.56M).
Compensation vs Earnings: Wes's compensation has increased whilst the company is unprofitable.
CEO
Wes Cummins (47 yo)
Mr. Wesley Theta Carl Cummins, also known as Wes, is Independent Director of OTG Acquisition Corp. I from June 2025. He serves as Chairman, Chief Executive Officer, Secretary and Treasurer of Applied Digit...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 4.6yrs | US$27.71m | 1.02% € 84.1m | |
| Chief Financial Officer | 1yr | US$9.79m | 0.093% € 7.7m | |
| Chief Operating Officer | less than a year | US$9.95m | 0.21% € 17.8m | |
| Co-Founder & Chief Strategy Officer | no data | US$829.00k | 0.20% € 16.3m | |
| Chief Compliance Officer & General Counsel | less than a year | no data | no data | |
| Executive Vice President of External Affairs | 4.8yrs | no data | no data | |
| Chief Marketing Officer | no data | no data | no data | |
| Chief Development Officer | 1.4yrs | no data | no data |
Experienced Management: 1APLD's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 4.6yrs | US$27.71m | 1.02% € 84.1m | |
| Lead Independent Director | 4.5yrs | US$332.50k | 0.075% € 6.2m | |
| Independent Director | 4.3yrs | US$311.00k | 0.11% € 8.8m | |
| Independent Director | 4.5yrs | US$296.00k | 0.18% € 14.8m | |
| Independent Director | 1.7yrs | US$293.50k | 0.020% € 1.6m | |
| Independent Director | 1.4yrs | US$292.00k | 0.040% € 3.3m |
Experienced Board: 1APLD's board of directors are considered experienced (4.4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/10/29 08:37 |
| End of Day Share Price | 2025/10/29 00:00 |
| Earnings | 2025/08/31 |
| Annual Earnings | 2025/05/31 |
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 |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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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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 11 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 |
|---|---|
| Nicholas Giles | B. Riley Securities, Inc. |
| Gregory Miller | Citizens JMP Securities, LLC |
| Joseph Flynn | Compass Point Research & Trading, LLC |