Cipher Mining Management

Management criteria checks 2/4

Cipher Mining's CEO is Rodney Page, appointed in Aug 2021, has a tenure of 3.42 years. total yearly compensation is $5.66M, comprised of 9.9% salary and 90.1% bonuses, including company stock and options. directly owns 1.56% of the company’s shares, worth MX$559.30M. The average tenure of the management team and the board of directors is 3 years and 3.4 years respectively.

Key information

Rodney Page

Chief executive officer

US$5.7m

Total compensation

CEO salary percentage9.9%
CEO tenure3.4yrs
CEO ownership1.6%
Management average tenure3yrs
Board average tenure3.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Rodney Page's remuneration changed compared to Cipher Mining's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$52m

Jun 30 2024n/an/a

US$17m

Mar 31 2024n/an/a

US$19m

Dec 31 2023US$6mUS$563k

-US$26m

Sep 30 2023n/an/a

-US$88m

Jun 30 2023n/an/a

-US$10m

Mar 31 2023n/an/a

-US$26m

Dec 31 2022US$1mUS$300k

-US$39m

Sep 30 2022n/an/a

-US$63m

Jun 30 2022n/an/a

-US$125m

Mar 31 2022n/an/a

-US$96m

Dec 31 2021US$103mUS$225k

-US$79m

Compensation vs Market: Rodney's total compensation ($USD5.66M) is above average for companies of similar size in the MX market ($USD736.39K).

Compensation vs Earnings: Rodney's compensation has increased whilst the company is unprofitable.


CEO

Rodney Page (48 yo)

3.4yrs

Tenure

US$5,656,500

Compensation

Mr. Rodney Tyler Page serves as the Chief Executive Officer and Director of Cipher Mining Inc. since August 27, 2021. From 2020 to 2021, he was Head of Business Development for digital asset infrastructure...


Leadership Team

NamePositionTenureCompensationOwnership
Rodney Page
CEO & Director3.4yrsUS$5.66m1.56%
MX$ 559.3m
Patrick Kelly
Co-President & COO3.4yrsUS$2.91m0.29%
MX$ 104.2m
William Iwaschuk
Co-President3.4yrsUS$2.92m0.27%
MX$ 96.4m
Edward Farrell
Chief Financial Officer3.4yrsUS$2.91m0.34%
MX$ 121.1m
Bryan Keller
Chief Technology Officer3yrsno datano data
Olivia Stennett
Chief Administrative Officerno datano datano data
Samy Biyadi
Head of Powerno datano datano data
Courtney Frazier
Head of Corporate Operations3yrsno datano data
Chris Totin
Chief Construction Officer3yrsno datano data
Reuben Govender
Head of Markets3yrsno datano data
Sean Kristjansson
Head of Data Science3yrsno datano data
Roger Rarick
Head of Information Security3yrsno datano data

3.0yrs

Average Tenure

48yo

Average Age

Experienced Management: CIFR *'s management team is considered experienced (3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Rodney Page
CEO & Director3.4yrsUS$5.66m1.56%
MX$ 559.3m
Cary Grossman
Independent Director3.4yrsUS$295.00k0.069%
MX$ 24.9m
Robert Dykes
Independent Director3.4yrsUS$272.50k0.32%
MX$ 113.9m
James Newsome
Independent Chairman3.4yrsUS$295.00k0.048%
MX$ 17.3m
Robert Flatley
Independent Director1.4yrsUS$119.24k0.023%
MX$ 8.2m
Caitlin Long
Independent Director3.4yrsUS$277.50k0.048%
MX$ 17.3m
Wesley Williams
Independent Director3.4yrsUS$285.00k0.048%
MX$ 17.3m
Holly Evans
Independent Director3.4yrsUS$282.50k0.048%
MX$ 17.3m

3.4yrs

Average Tenure

59yo

Average Age

Experienced Board: CIFR *'s board of directors are considered experienced (3.4 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/09 07:50
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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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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

Cipher Mining Inc. is covered by 13 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.

AnalystInstitution
Gregory LewisBTIG
Joseph VafiCanaccord Genuity
Joshua SieglerCantor Fitzgerald & Co.