TeraWulf Management
Management criteria checks 2/4
TeraWulf's CEO is Paul Prager, appointed in Feb 2021, has a tenure of 3.83 years. total yearly compensation is $2.39M, comprised of 39.7% salary and 60.3% bonuses, including company stock and options. directly owns 1.23% of the company’s shares, worth MX$632.17M. The average tenure of the management team and the board of directors is 2.6 years and 3.1 years respectively.
Key information
Paul Prager
Chief executive officer
US$2.4m
Total compensation
| CEO salary percentage | 39.7% |
| CEO tenure | 3.8yrs |
| CEO ownership | 1.2% |
| Management average tenure | 2.6yrs |
| Board average tenure | 3.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$55m |
| Jun 30 2024 | n/a | n/a | -US$51m |
| Mar 31 2024 | n/a | n/a | -US$58m |
| Dec 31 2023 | US$2m | US$951k | -US$74m |
| 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$87m |
| 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$51m |
Compensation vs Market: Paul's total compensation ($USD2.39M) is above average for companies of similar size in the MX market ($USD1.20M).
Compensation vs Earnings: Paul's compensation has increased whilst the company is unprofitable.
CEO
Paul Prager (64 yo)
3.8yrs
Tenure
US$2,394,178
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 |
|---|---|---|---|---|
| Co-Founder | 3.8yrs | US$2.39m | 1.23% MX$ 632.2m | |
| Chief Financial Officer | 2.6yrs | US$1.52m | 0.72% MX$ 372.4m | |
| Chief Strategy Officer & Executive Director | 3.8yrs | US$1.54m | 1% MX$ 516.4m | |
| Co-Founder | 3.8yrs | US$327.75k | 6.53% MX$ 3.4b | |
| Chief Operating Officer | less than a year | no data | no data | |
| Chief Accounting Officer & Treasurer | 2.6yrs | US$1.33m | 0.13% MX$ 64.7m | |
| Senior VP & Director of Investor Relations | less than a year | no data | no data | |
| General Counsel | no data | no data | no data | |
| Director of Corporate Communications | no data | no data | no data | |
| Executive Vice President of IKONICS | no data | US$521.45k | no data | |
| Chief Operating Officer of IKONICS | no data | US$523.02k | no data | |
| Chief Executive Officer at IKONICS | no data | US$964.34k | no data |
2.6yrs
Average Tenure
53.5yo
Average Age
Experienced Management: WULF *'s management team is considered experienced (2.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 3.8yrs | US$2.39m | 1.23% MX$ 632.2m | |
| Chief Strategy Officer & Executive Director | 2.8yrs | US$1.54m | 1% MX$ 516.4m | |
| Co-Founder | 3.8yrs | US$327.75k | 6.53% MX$ 3.4b | |
| Director of IKONICS | no data | US$28.00k | no data | |
| Director of IKONICS | no data | US$62.74k | no data | |
| Director | 3.1yrs | US$154.64k | 0.058% MX$ 29.8m | |
| Independent Director | less than a year | no data | 0.0030% MX$ 1.5m | |
| Independent Director | 3.1yrs | US$175.00k | 0.070% MX$ 35.9m | |
| Independent Director | 3.1yrs | US$150.00k | 0.054% MX$ 27.9m | |
| Lead Independent Director | 3.1yrs | US$220.37k | 0.077% MX$ 39.5m | |
| Independent Director | 2.8yrs | US$150.00k | 0.051% MX$ 26.4m | |
| Independent Director | less than a year | no data | 0.0030% MX$ 1.5m |
3.1yrs
Average Tenure
62.5yo
Average Age
Experienced Board: WULF *'s board of directors are considered experienced (3.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 03:10 |
| End of Day Share Price | 2024/12/05 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| 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 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
TeraWulf Inc. is covered by 11 analysts. 8 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. |
| Joshua Siegler | Cantor Fitzgerald & Co. |
| Brett Knoblauch | Cantor Fitzgerald & Co. |