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 percentage | 1.5% |
CEO tenure | 7.5yrs |
CEO ownership | 0.03% |
Management average tenure | 2.9yrs |
Board average tenure | 2.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Sep 30 2024 | n/a | n/a | -US$41m |
Jun 30 2024 | n/a | n/a | -US$44m |
Mar 31 2024 | n/a | n/a | -US$47m |
Dec 31 2023 | US$20m | US$295k | -US$51m |
Sep 30 2023 | n/a | n/a | -US$59m |
Jun 30 2023 | n/a | n/a | -US$63m |
Mar 31 2023 | n/a | n/a | -US$61m |
Dec 31 2022 | US$5m | US$230k | -US$58m |
Sep 30 2022 | n/a | n/a | -US$52m |
Dec 31 2021 | US$999k | US$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
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Co-Founder | 7.5yrs | US$20.05m | 0.026% $ 648.1 | |
Chief Financial Officer | 2.2yrs | US$857.49k | 0% $ 0 | |
President | no data | no data | no data | |
CTO & Director | 2.9yrs | no data | 0.00016% $ 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
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Co-Founder | 7.5yrs | US$20.05m | 0.026% $ 648.1 | |
CTO & Director | 2.9yrs | no data | 0.00016% $ 4.0 | |
Independent Director | less than a year | no data | no data | |
Independent Director | 2.7yrs | US$450.41k | 0% $ 0 | |
Independent Lead Director | 1.6yrs | US$450.41k | 0.00048% $ 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.