Iris Energy Management
Management criteria checks 2/4
We currently do not have sufficient information about the CEO.
Key information
Will Roberts
Chief executive officer
US$12.6m
Total compensation
| CEO salary percentage | 4.8% |
| CEO tenure | 6yrs |
| CEO ownership | 2.4% |
| Management average tenure | 2.2yrs |
| Board average tenure | 4yrs |
Recent management updates
Recent updates
Companies Like Iris Energy (NASDAQ:IREN) Are In A Position To Invest In Growth
Nov 13
Iris Energy: AI Optics, Still A Bitcoin Business (Rating Downgrade)
Oct 11Why Investors Shouldn't Be Surprised By Iris Energy Limited's (NASDAQ:IREN) 29% Share Price Surge
Oct 05Iris Energy To Benefit From Its AI Cloud Services Expansion
Sep 22Iris Energy Limited (NASDAQ:IREN) Stocks Shoot Up 25% But Its P/S Still Looks Reasonable
Jul 11Here's Why We're Not At All Concerned With Iris Energy's (NASDAQ:IREN) Cash Burn Situation
Jun 04Market Participants Recognise Iris Energy Limited's (NASDAQ:IREN) Revenues
Apr 29The 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 22Iris 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 |
|---|---|---|---|
| Jun 30 2024 | US$13m | US$606k | -US$29m |
| Mar 31 2024 | n/a | n/a | -US$9m |
| 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$60m |
Compensation vs Market: Will's total compensation ($USD12.63M) is above average for companies of similar size in the US market ($USD5.54M).
Compensation vs Earnings: Will's compensation has increased whilst the company is unprofitable.
CEO
Will Roberts (34 yo)
6yrs
Tenure
US$12,625,448
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 November 06, 2018. Prior to Iris Energy, Mr. Roberts worked...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | no data | US$12.63m | 2.38% $ 46.9m | |
| Co-Founder | no data | US$12.63m | 2.38% $ 46.9m | |
| Chief Financial Officer | 2.5yrs | US$853.76k | 0% $ 0 | |
| Chief Operating Officer | 3.1yrs | US$1.02m | 0.000030% $ 591.3 | |
| Chief Legal Officer & Secretary | 1.8yrs | US$1.03m | 0% $ 0 | |
| Chief Technology Officer | 3.1yrs | no data | no data | |
| Director of Investor Relations | no data | no data | no data | |
| Vice President of People | 1.9yrs | no data | no data | |
| Chief Commercial Officer | 1.6yrs | no data | no data |
2.2yrs
Average Tenure
44.5yo
Average Age
Experienced Management: IREN's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 6yrs | US$12.63m | 2.38% $ 46.9m | |
| Co-Founder | 6yrs | US$12.63m | 2.38% $ 46.9m | |
| Independent Chair of the Board | 3.2yrs | US$610.34k | 0.018% $ 362.9k | |
| Independent Non-Executive Director | 3.1yrs | US$332.67k | 0.42% $ 8.2m | |
| Independent Non-Executive Director | 4.9yrs | US$505.46k | 0.088% $ 1.7m | |
| Independent Non-Executive Director | 1.3yrs | US$184.60k | 0% $ 0 |
4.0yrs
Average Tenure
41.5yo
Average Age
Experienced Board: IREN's board of directors are considered experienced (4 years average tenure).