Iron Mountain Management
Management criteria checks 4/4
Iron Mountain's CEO is Bill Meaney, appointed in Jan 2013, has a tenure of 11.92 years. total yearly compensation is $14.87M, comprised of 8% salary and 92% bonuses, including company stock and options. directly owns 0.1% of the company’s shares, worth $31.07M. The average tenure of the management team and the board of directors is 5 years and 9.4 years respectively.
Key information
Bill Meaney
Chief executive officer
US$14.9m
Total compensation
| CEO salary percentage | 8.0% |
| CEO tenure | 11.9yrs |
| CEO ownership | 0.1% |
| Management average tenure | 5yrs |
| Board average tenure | 9.4yrs |
Recent management updates
Recent updates
Iron Mountain: Well-Run REIT, Overpriced For Now
Dec 11Iron Mountain: Deserves A Downgrade, Overly Expensive Here
Sep 21Iron Mountain Stock Is Clearly Overvalued
Aug 22Iron Mountain: Overbought, Rising Debt, And AI Relevance (Technical Analysis)
Jun 28Iron Mountain Q1: Impending Dividend Raise May Justify Its Investment Thesis
May 15Iron Mountain Has No Lack Of Catalysts But Is Fully Valued Now
Mar 29Iron Mountain: The Generative AI Hype Is Unstoppable
Feb 25Iron Mountain: Narrative-Driven Market Pricing
Feb 05Iron Mountain: Expensive Relative To Other REITs (Rating Downgrade)
Jan 07Up 40%, A Closer Look At 4%-Yielding Iron Mountain
Dec 23Iron Mountain: Put This REIT On Your Shopping List After A Record Quarter
Nov 08Iron Mountain: Graham's Wisdom On Rates And Defensive Stocks (Rating Downgrade)
Oct 06Iron Mountain: Capitalizing On The Generative AI Boom
Aug 28Iron Mountain: Wide Moat, Record Earnings, 5% Dividend Hike
Aug 13Iron Mountain: Little Upside Left
Jul 27Iron Mountain: Wide Moat Dividend REIT, Record Q1 Revenue
Jun 09Iron Mountain: Buy This REIT For 'Mountainous' Dividend Income
Jun 02CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$105m |
| Jun 30 2024 | n/a | n/a | US$229m |
| Mar 31 2024 | n/a | n/a | US$194m |
| Dec 31 2023 | US$15m | US$1m | US$184m |
| Sep 30 2023 | n/a | n/a | US$278m |
| Jun 30 2023 | n/a | n/a | US$379m |
| Mar 31 2023 | n/a | n/a | US$579m |
| Dec 31 2022 | US$15m | US$1m | US$557m |
| Sep 30 2022 | n/a | n/a | US$496m |
| Jun 30 2022 | n/a | n/a | US$372m |
| Mar 31 2022 | n/a | n/a | US$447m |
| Dec 31 2021 | US$17m | US$1m | US$450m |
| Sep 30 2021 | n/a | n/a | US$636m |
| Jun 30 2021 | n/a | n/a | US$607m |
| Mar 31 2021 | n/a | n/a | US$324m |
| Dec 31 2020 | US$12m | US$1m | US$343m |
| Sep 30 2020 | n/a | n/a | US$133m |
| Jun 30 2020 | n/a | n/a | US$202m |
| Mar 31 2020 | n/a | n/a | US$302m |
| Dec 31 2019 | US$11m | US$1m | US$267m |
| Sep 30 2019 | n/a | n/a | US$387m |
| Jun 30 2019 | n/a | n/a | US$357m |
| Mar 31 2019 | n/a | n/a | US$357m |
| Dec 31 2018 | US$11m | US$1m | US$366m |
| Sep 30 2018 | n/a | n/a | US$234m |
| Jun 30 2018 | n/a | n/a | US$182m |
| Mar 31 2018 | n/a | n/a | US$171m |
| Dec 31 2017 | US$10m | US$1m | US$176m |
Compensation vs Market: Bill's total compensation ($USD14.87M) is about average for companies of similar size in the US market ($USD12.88M).
Compensation vs Earnings: Bill's compensation has been consistent with company performance over the past year.
CEO
Bill Meaney (64 yo)
11.9yrs
Tenure
US$14,867,140
Compensation
Mr. William L. Meaney, also known as Bill, BSc, MEng, MSIA, serves as an Independent Director of State Street Corporation since March 29, 2018. Mr. Meaney serves as Director at State Street Bank and Trust...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 11.9yrs | US$14.87m | 0.10% $ 31.1m | |
| Executive VP & CFO | 4.9yrs | US$5.13m | 0.038% $ 11.6m | |
| Executive VP and GM of Iron Mountain Data Centers & Asset Lifecycle Management | 11.7yrs | US$3.87m | 0.021% $ 6.6m | |
| Executive VP | 5yrs | US$3.00m | 0.0062% $ 1.9m | |
| Chief Accounting Officer & Senior VP | 7.2yrs | no data | no data | |
| Senior VP & Head of Investor Relations | less than a year | no data | no data | |
| Executive VP | less than a year | no data | 0.00078% $ 240.6k | |
| Executive VP & Chief Human Resources Officer | 4yrs | no data | no data | |
| Senior Vice President | no data | no data | no data | |
| Global Head of Real Estate Investment & Corporate Development | 9.5yrs | no data | no data | |
| Senior Vice President of Global Delivery & Support | no data | no data | no data | |
| Managing Director of Australia | no data | no data | no data |
5.0yrs
Average Tenure
53yo
Average Age
Experienced Management: IRM's management team is seasoned and experienced (5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 11.9yrs | US$14.87m | 0.10% $ 31.1m | |
| Independent Director | 27.1yrs | US$294.96k | 0.41% $ 126.7m | |
| Independent Director | 11.3yrs | US$314.96k | 0.012% $ 3.7m | |
| Independent Director | 6.1yrs | US$299.96k | 0.0094% $ 2.9m | |
| Independent Director | 4.9yrs | US$377.83k | no data | |
| Independent Director | 26.9yrs | US$516.71k | 0.060% $ 18.5m | |
| Independent Chairperson of the Board | 10.6yrs | US$429.96k | 0.013% $ 4.0m | |
| Independent Director | 10.3yrs | US$279.96k | 0.0056% $ 1.7m | |
| Independent Director | 1.4yrs | US$190.43k | 0.0075% $ 2.3m | |
| Independent Director | 5.4yrs | US$287.31k | 0.0083% $ 2.6m | |
| Independent Non-Executive Director | 8.6yrs | US$299.96k | 0.0050% $ 1.6m | |
| Director | less than a year | no data | 0.00055% $ 169.6k |
9.4yrs
Average Tenure
67yo
Average Age
Experienced Board: IRM's board of directors are considered experienced (9.4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:09 |
| End of Day Share Price | 2024/12/20 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 |
| |
| Management | 10 years |
| |
| 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
Iron Mountain Incorporated is covered by 25 analysts. 7 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 |
|---|---|
| Andrew Wittmann | Baird |
| Gary Bisbee | Barclays |
| Brendan Lynch | Barclays |