Iris Energy Management
Management criteria checks 1/4
We currently do not have sufficient information about the CEO.
Key information
Will Roberts
Chief executive officer
US$9.2m
Total compensation
| CEO salary percentage | 5.6% |
| CEO tenure | 6.3yrs |
| CEO ownership | 2.8% |
| Management average tenure | 1.6yrs |
| Board average tenure | 3.5yrs |
Recent management updates
Recent updates
The Impact Of AI On Iris Energy's Bitcoin Mining Success
Apr 22Iris Energy Limited (NASDAQ:IREN) Shares Could Be 50% Below Their Intrinsic Value Estimate
Mar 22
Iris Energy: Deprived Of Any Investment Value Position
Jan 22We're Not Very Worried About Iris Energy's (NASDAQ:IREN) Cash Burn Rate
Jan 20Market Participants Recognise Iris Energy Limited's (NASDAQ:IREN) Revenues Pushing Shares 136% Higher
Dec 24Is Iris Energy (NASDAQ:IREN) In A Good Position To Invest In Growth?
Oct 06Even With A 52% Surge, Cautious Investors Are Not Rewarding Iris Energy Limited's (NASDAQ:IREN) Performance Completely
Apr 17Returns At Iris Energy (NASDAQ:IREN) Are On The Way Up
Jan 04Iris Energy mines 8% more bitcoins in September, while hashrate climbs 24%
Oct 07Iris Energy Limited (NASDAQ:IREN) Analysts Are Cutting Their Estimates: Here's What You Need To Know
Sep 16Iris Energy reports FY results
Sep 13Iris Energy reports 96% M/M surge in Bitcoins mined in August
Sep 07Iris Energy resumed with Buy rating at Citi as high-risk on bitcoin rout
Aug 23Iris Energy gains on doubling operating capacity to more than 2.3 EH/s
Aug 08Iris Energy stock perks up after boosting mining capacity in Bitmain deal
Aug 01Buy Iris Energy, Get Bitcoin Mining For Free
Jun 23Iris Energy Limited: A Way To Play Bitcoin's Eventual Turnaround
May 18Iris Energy: An ESG-Friendly Bitcoin Miner On A Clear Expansion Path
Feb 28CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -US$21m |
| Sep 30 2023 | n/a | n/a | -US$96m |
| Jun 30 2023 | US$9m | US$513k | -US$172m |
| Dec 31 2022 | n/a | n/a | -US$163m |
| Sep 30 2022 | n/a | n/a | -US$12m |
| Jun 30 2022 | US$6m | US$254k | -US$420m |
| Mar 31 2022 | n/a | n/a | -US$496m |
| Dec 31 2021 | n/a | n/a | -US$478m |
| Sep 30 2021 | n/a | n/a | -US$549m |
| Jun 30 2021 | US$210k | US$123k | -US$60m |
Compensation vs Market: Will's total compensation ($USD9.19M) is above average for companies of similar size in the US market ($USD3.42M).
Compensation vs Earnings: Will's compensation has increased whilst the company is unprofitable.
CEO
Will Roberts (33 yo)
6.3yrs
Tenure
US$9,186,623
Compensation
Mr. William Roberts, also known as Will, is the Co-Founder and Co-Chief Executive Officer at Iris Energy Limited and has been its Director since 2018. Prior to Iris Energy, Mr. Roberts worked across accoun...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | no data | US$9.19m | 2.83% $ 20.3m | |
| Co-Founder | no data | US$9.19m | 2.83% $ 20.3m | |
| Chief Financial Officer | 1.9yrs | US$611.35k | no data | |
| Chief Operating Officer | 2.5yrs | US$715.96k | 0.000040% $ 286.7 | |
| Chief Legal & Risk Officer | 1.3yrs | US$500.96k | no data | |
| Chief Technology Officer? | 2.5yrs | no data | no data | |
| Senior Manager of Investor Relations | no data | no data | no data | |
| Vice President of People | 1.3yrs | no data | no data | |
| Chief Commercial Officer | less than a year | no data | no data | |
| Group Financial Controller | no data | no data | no data |
1.6yrs
Average Tenure
43.5yo
Average Age
Experienced Management: IREN's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 6.3yrs | US$9.19m | 2.83% $ 20.3m | |
| Co-Founder | 6.3yrs | US$9.19m | 2.83% $ 20.3m | |
| Independent Chair of the Board | 2.6yrs | US$441.52k | 0.0081% $ 58.1k | |
| Independent Non-Executive Director | 2.5yrs | US$234.05k | 0.54% $ 3.8m | |
| Independent Non-Executive Director | 4.3yrs | US$411.03k | 0.15% $ 1.1m | |
| Independent Non-Executive Director | less than a year | no data | no data |
3.5yrs
Average Tenure
40.5yo
Average Age
Experienced Board: IREN's board of directors are considered experienced (3.5 years average tenure).