TeraWulf's CEO is Paul Prager, appointed in Feb 2021, has a tenure of 5.42 years. total yearly compensation is $39.41M, comprised of 2.5% salary and 97.5% bonuses, including company stock and options. directly owns 1.4% of the company’s shares, worth €128.67M. The average tenure of the management team and the board of directors is 3 years and 4.7 years respectively.
Key information
Paul Prager
Chief executive officer
US$39.4m
Total compensation
CEO salary percentage
2.54%
CEO tenure
5.4yrs
CEO ownership
1.4%
Management average tenure
3yrs
Board average tenure
4.7yrs
Recent management updates
Recent updates
CEO Compensation Analysis
How has Paul Prager's remuneration changed compared to TeraWulf's earnings?
Date
Total Compensation
Salary
Company Earnings
Mar 31 2026
n/a
n/a
-US$1b
Dec 31 2025
US$39m
US$1m
-US$661m
Sep 30 2025
n/a
n/a
-US$564m
Jun 30 2025
n/a
n/a
-US$132m
Mar 31 2025
n/a
n/a
-US$124m
Dec 31 2024
US$7m
US$960k
-US$72m
Sep 30 2024
n/a
n/a
-US$53m
Jun 30 2024
n/a
n/a
-US$49m
Mar 31 2024
n/a
n/a
-US$56m
Dec 31 2023
US$2m
US$951k
-US$73m
Sep 30 2023
n/a
n/a
-US$88m
Jun 30 2023
n/a
n/a
-US$102m
Mar 31 2023
n/a
n/a
-US$98m
Dec 31 2022
US$758k
US$741k
-US$86m
Sep 30 2022
n/a
n/a
-US$100m
Jun 30 2022
n/a
n/a
-US$73m
Mar 31 2022
n/a
n/a
-US$64m
Dec 31 2021
US$674k
US$612k
-US$51m
Compensation vs Market: Paul's total compensation ($USD39.41M) is above average for companies of similar size in the Italian market ($USD6.31M).
Compensation vs Earnings: Paul's compensation has increased whilst the company is unprofitable.
CEO
Paul Prager (66 yo)
5.4yrs
Tenure
US$39,411,005
Compensation
Mr. Paul B. Prager serves as Chairman and Chief Executive Officer at Terawulf Inc. since February 2021 and also serves as its Co-Founder. A graduate of the U.S. Naval Academy, Mr. Prager has extensive inve...
Leadership Team
Name
Position
Tenure
Compensation
Ownership
Paul Prager
Co-Founder
5.4yrs
US$39.41m
1.4% € 128.7m
Nazar Khan
Co-Founder
5.4yrs
US$30.06m
5.55% € 509.2m
Patrick Fleury
Chief Financial Officer
4.2yrs
US$20.13m
0.81% € 74.2m
William Tanimoto
Chief Accounting Officer
1.1yrs
US$1.05m
0.0099% € 905.7k
Kerri Langlais
Chief Strategy Officer & Executive Director
5.4yrs
US$20.19m
0.84% € 77.0m
Sean Farrell
Chief Operating Officer
1.7yrs
no data
no data
Andi Azzolina
Chief Information Officer
1.5yrs
no data
no data
John Larkin
Senior VP & Director of Investor Relations
1.8yrs
no data
no data
Stephanie Fleischmann
General Counsel
no data
no data
no data
Jason Assad
Director of Corporate Communications
no data
no data
no data
Claude Piguet
Executive Vice President of IKONICS
no data
US$521.45k
no data
Kenneth Hegman
Chief Operating Officer of IKONICS
no data
US$523.02k
no data
3.0yrs
Average Tenure
50yo
Average Age
Experienced Management: 1WULF's management team is considered experienced (3 years average tenure).
Board Members
Name
Position
Tenure
Compensation
Ownership
Paul Prager
Co-Founder
5.4yrs
US$39.41m
1.4% € 128.7m
Nazar Khan
Co-Founder
5.4yrs
US$30.06m
5.55% € 509.2m
Kerri Langlais
Chief Strategy Officer & Executive Director
4.3yrs
US$20.19m
0.84% € 77.0m
William Ulland
Director of IKONICS
no data
US$28.00k
no data
Lockwood Carlson
Director of IKONICS
no data
US$62.74k
no data
Lisa Prager
Director
4.7yrs
US$290.01k
0.063% € 5.8m
Ernest Harper
Director of IKONICS
no data
US$57.82k
no data
Amanda Fabiano
Independent Director
2.5yrs
US$290.01k
0.020% € 1.8m
Walter Carter
Independent Director
4.7yrs
US$315.01k
0.073% € 6.7m
Catherine Motz
Independent Director
4.7yrs
US$308.76k
0.042% € 3.9m
Steven Pincus
Lead Independent Director
4.7yrs
US$365.00k
0.081% € 7.4m
Michael Bucella
Independent Director
4.3yrs
US$290.01k
0.068% € 6.3m
4.7yrs
Average Tenure
66yo
Average Age
Experienced Board: 1WULF's board of directors are considered experienced (4.7 years average tenure).
Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/07/06 12:01
End of Day Share Price
2026/07/03 00:00
Earnings
2026/03/31
Annual Earnings
2025/12/31
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.
* 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
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Analyst Sources
TeraWulf Inc. is covered by 19 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.