Riot Platforms Management
Management criteria checks 2/4
Riot Platforms' CEO is Jason Les, appointed in Feb 2021, has a tenure of 3.17 years. total yearly compensation is $21.50M, comprised of 3.2% salary and 96.8% bonuses, including company stock and options. directly owns 3.2% of the company’s shares, worth $96.28M. The average tenure of the management team and the board of directors is 1.8 years and 6 years respectively.
Key information
Jason Les
Chief executive officer
US$21.5m
Total compensation
| CEO salary percentage | 3.2% |
| CEO tenure | 3.2yrs |
| CEO ownership | 3.2% |
| Management average tenure | 1.8yrs |
| Board average tenure | 6yrs |
Recent management updates
Recent updates
Riot Platforms: Inefficient Post Halving
Apr 23We're Not Very Worried About Riot Platforms' (NASDAQ:RIOT) Cash Burn Rate
Apr 10
With A 28% Price Drop For Riot Platforms, Inc. (NASDAQ:RIOT) You'll Still Get What You Pay For
Mar 23Why We're Not Concerned Yet About Riot Platforms, Inc.'s (NASDAQ:RIOT) 29% Share Price Plunge
Feb 03Riot Platforms (NASDAQ:RIOT) Is In A Good Position To Deliver On Growth Plans
Jan 08Riot Platforms, Inc. (NASDAQ:RIOT) Looks Just Right With A 49% Price Jump
Dec 18Is Riot Platforms, Inc. (NASDAQ:RIOT) Worth US$9.5 Based On Its Intrinsic Value?
Oct 29Riot Platforms (NASDAQ:RIOT) Is In A Good Position To Deliver On Growth Plans
Sep 19Riot Platforms (NASDAQ:RIOT) Is In A Good Position To Deliver On Growth Plans
Jun 05Riot Platforms, Inc. (NASDAQ:RIOT) Looks Just Right With A 66% Price Jump
Apr 17Riot Blockchain breaks ground on 1GW Corsicana data center facility
Oct 19Riot Blockchain produces lesser bitcoin in September
Oct 04Riot Blockchain: Another Top Bitcoin Mining Stock
Sep 14Riot Blockchain announces delay in quarterly report filing
Aug 10Riot Blockchain sees a drop in July bitcoin production amid reduced power consumption
Aug 03Riot Blockchain: Revisiting Our Investment Thesis
Jun 29Riot Blockchain Vs. Marathon Digital In The Bitcoin 2022 Bear Market
Jun 16Riot Blockchain: Buy This Stock Before The Forthcoming Liftoff
May 11Riot Blockchain: Market And Competitive Environment In The Mining Sector
Apr 18Riot Blockchain: Are We Bordering On Too Much Dilution?
Apr 06Riot Stock Looks Attractive After A Deep Correction
Mar 14Riot Blockchain: Not Best In Class
Jan 28Riot's Cost Structure Cites Massive Overvaluation
Jan 20Riot Blockchain Is Ready To Fly
Jan 03CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -US$49m |
| Sep 30 2023 | n/a | n/a | -US$289m |
| Jun 30 2023 | n/a | n/a | -US$276m |
| Mar 31 2023 | n/a | n/a | -US$602m |
| Dec 31 2022 | US$22m | US$680k | -US$510m |
| Sep 30 2022 | n/a | n/a | -US$376m |
| Jun 30 2022 | n/a | n/a | -US$359m |
| Mar 31 2022 | n/a | n/a | US$14m |
| Dec 31 2021 | US$22m | US$619k | -US$15m |
| Sep 30 2021 | n/a | n/a | US$15m |
| Jun 30 2021 | n/a | n/a | US$29m |
| Mar 31 2021 | n/a | n/a | -US$867k |
| Dec 31 2020 | US$453k | n/a | -US$14m |
| Sep 30 2020 | n/a | n/a | -US$20m |
| Jun 30 2020 | n/a | n/a | -US$20m |
| Mar 31 2020 | n/a | n/a | -US$11m |
| Dec 31 2019 | US$574k | n/a | -US$20m |
| Sep 30 2019 | n/a | n/a | -US$28m |
| Jun 30 2019 | n/a | n/a | -US$32m |
| Mar 31 2019 | n/a | n/a | -US$55m |
| Dec 31 2018 | US$155k | n/a | -US$58m |
| Sep 30 2018 | n/a | n/a | -US$56m |
| Jun 30 2018 | n/a | n/a | -US$55m |
| Mar 31 2018 | n/a | n/a | -US$32m |
| Dec 31 2017 | US$57k | n/a | -US$16m |
Compensation vs Market: Jason's total compensation ($USD21.50M) is above average for companies of similar size in the US market ($USD6.57M).
Compensation vs Earnings: Jason's compensation has been consistent with company performance over the past year.
CEO
Jason Les (37 yo)
3.2yrs
Tenure
US$21,500,268
Compensation
Mr. Jason Les has been the Chief Executive Officer of Riot Platforms, Inc. (formerly, Riot Blockchain, Inc.) since February 8, 2021 and has been its Executive Director since November 2017 and was its Membe...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 5.5yrs | US$21.50m | 3.19% $ 95.8m | |
| CEO & Executive Director | 3.2yrs | US$21.50m | 3.2% $ 96.3m | |
| Executive VP & CFO | 1.6yrs | US$3.82m | 0.064% $ 1.9m | |
| Executive VP | 2.8yrs | US$5.75m | 0.69% $ 20.8m | |
| Senior Vice President of Operations | 1.3yrs | no data | no data | |
| Senior VP & Chief Accounting Officer | 1.6yrs | no data | 0.18% $ 5.5m | |
| VP of Associate General Counsel | no data | no data | no data | |
| VP of Capital Markets & Investor Relations | 2.3yrs | no data | no data | |
| Executive VP and Head of Corporate Development & Strategy | 1.8yrs | no data | 0.66% $ 19.7m | |
| Vice President of Human Resources | 1.3yrs | no data | no data | |
| Head of Technical Operations | 3.3yrs | no data | no data | |
| Head of Public Policy | 1.3yrs | no data | no data |
1.8yrs
Average Tenure
41yo
Average Age
Experienced Management: RIOT's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 5.5yrs | US$21.50m | 3.19% $ 95.8m | |
| CEO & Executive Director | 6.4yrs | US$21.50m | 3.2% $ 96.3m | |
| Independent Director | 2.9yrs | US$1.11m | 0.018% $ 538.4k | |
| Lead Independent Director | 3.4yrs | US$1.11m | 0.014% $ 424.8k | |
| Member of Advisory Board | 6.4yrs | no data | no data | |
| Member of the Medical Advisory Board | 14.8yrs | no data | no data | |
| Member of the Medical Advisory Board | 14.8yrs | no data | no data | |
| Member of the Medical Advisory Board | 14.8yrs | no data | no data | |
| Member of The Medical Advisory Board | 14.8yrs | no data | no data | |
| Member of Industry Leading Advisory Board | 4.8yrs | no data | no data | |
| Independent Director | 3.2yrs | US$1.11m | 0.034% $ 1.0m | |
| Member of Industry Leading Advisory Board | 4.8yrs | no data | no data |
6.0yrs
Average Tenure
56.5yo
Average Age
Experienced Board: RIOT's board of directors are considered experienced (6 years average tenure).