Interactive Strength Inc.

NasdaqCM:TRNR Stock Report

Market Cap: US$2.5m

Interactive Strength Management

Management criteria checks 1/4

Interactive Strength's CEO is Trent Ward, appointed in May 2017, has a tenure of 7.5 years. total yearly compensation is $20.05M, comprised of 1.5% salary and 98.5% bonuses, including company stock and options. directly owns 0.026% of the company’s shares, worth $648.07. The average tenure of the management team and the board of directors is 2.9 years and 2.7 years respectively.

Key information

Trent Ward

Chief executive officer

US$20.1m

Total compensation

CEO salary percentage1.5%
CEO tenure7.5yrs
CEO ownership0.03%
Management average tenure2.9yrs
Board average tenure2.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Trent Ward's remuneration changed compared to Interactive Strength's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$41m

Jun 30 2024n/an/a

-US$44m

Mar 31 2024n/an/a

-US$47m

Dec 31 2023US$20mUS$295k

-US$51m

Sep 30 2023n/an/a

-US$59m

Jun 30 2023n/an/a

-US$63m

Mar 31 2023n/an/a

-US$61m

Dec 31 2022US$5mUS$230k

-US$58m

Sep 30 2022n/an/a

-US$52m

Dec 31 2021US$999kUS$232k

-US$33m

Compensation vs Market: Trent's total compensation ($USD20.05M) is above average for companies of similar size in the US market ($USD652.28K).

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


CEO

Trent Ward (42 yo)

7.5yrs

Tenure

US$20,050,877

Compensation

Mr. Trent A. Ward is Co-Founder, Chairperson and Secretary of Interactive Strength Inc and is its Chief Executive Officer and Director since May 2017. Mr. Ward was President of Interactive Strength Inc. Pr...


Leadership Team

NamePositionTenureCompensationOwnership
Trent Ward
Co-Founder7.5yrsUS$20.05m0.026%
$ 648.1
Michael Madigan
Chief Financial Officer2.2yrsUS$857.49k0%
$ 0
Ben Bartlett
Presidentno datano datano data
Deepak Mulchandani
CTO & Director2.9yrsno data0.00016%
$ 4.0

2.9yrs

Average Tenure

46yo

Average Age

Experienced Management: TRNR's management team is considered experienced (2.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Trent Ward
Co-Founder7.5yrsUS$20.05m0.026%
$ 648.1
Deepak Mulchandani
CTO & Director2.9yrsno data0.00016%
$ 4.0
David Leis
Independent Directorless than a yearno datano data
Aaron N. Weaver
Independent Director2.7yrsUS$450.41k0%
$ 0
Kirsten Bartok Touw
Independent Lead Director1.6yrsUS$450.41k0.00048%
$ 12.0

2.7yrs

Average Tenure

48yo

Average Age

Experienced Board: TRNR's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.