TeraWulf Management
Management criteria checks 2/4
TeraWulf's CEO is Paul Prager, appointed in Feb 2021, has a tenure of 3.25 years. total yearly compensation is $2.39M, comprised of 39.7% salary and 60.3% bonuses, including company stock and options. directly owns 5.31% of the company’s shares, worth $40.46M. The average tenure of the management team and the board of directors is 3.3 years and 2.5 years respectively.
Key information
Paul Prager
Chief executive officer
US$2.4m
Total compensation
| CEO salary percentage | 39.7% |
| CEO tenure | 3.3yrs |
| CEO ownership | 5.3% |
| Management average tenure | 3.3yrs |
| Board average tenure | 2.5yrs |
Recent management updates
Recent updates
Investors Appear Satisfied With TeraWulf Inc.'s (NASDAQ:WULF) Prospects
Mar 21
Here's Why TeraWulf (NASDAQ:WULF) Can Afford Some Debt
Feb 14TeraWulf: The Competition Just Got More Intense
Jan 12Analysts Just Made A Sizeable Upgrade To Their TeraWulf Inc. (NASDAQ:WULF) Forecasts
Jan 10What You Need To Know About The TeraWulf Inc. (NASDAQ:WULF) Analyst Downgrade Today
Aug 16TeraWulf increases operating capacity, announces $17M of new capital
Oct 10TeraWulf announces operation of nearly 12,000 miners
Sep 19TeraWulf reports Q2 results
Aug 15CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | -US$58m |
| Dec 31 2023 | US$2m | US$951k | -US$74m |
| Sep 30 2023 | n/a | n/a | -US$88m |
| Jun 30 2023 | n/a | n/a | -US$102m |
| Mar 31 2023 | n/a | n/a | -US$98m |
| Dec 31 2022 | US$758k | US$741k | -US$87m |
| Sep 30 2022 | n/a | n/a | -US$100m |
| Jun 30 2022 | n/a | n/a | -US$73m |
| Mar 31 2022 | n/a | n/a | -US$64m |
| Dec 31 2021 | US$674k | US$612k | -US$51m |
Compensation vs Market: Paul's total compensation ($USD2.39M) is about average for companies of similar size in the US market ($USD3.42M).
Compensation vs Earnings: Paul's compensation has increased whilst the company is unprofitable.
CEO
Paul Prager (63 yo)
3.3yrs
Tenure
US$2,394,178
Compensation
Mr. Paul B. Prager serves as Chairman and Chief Executive Officer at Terawulf Inc. since February 2021 and also serves as its Co-Founder. A graduate of the U.S. Naval Academy, Mr. Prager has extensive inve...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 3.3yrs | US$2.39m | 5.31% $ 40.5m | |
| Chief Financial Officer | 2yrs | US$1.52m | 0.51% $ 3.9m | |
| Chief Strategy Officer & Executive Director | 3.3yrs | US$1.54m | 0.79% $ 6.0m | |
| Co-Founder | 3.3yrs | US$327.75k | 6.94% $ 52.8m | |
| Chief Accounting Officer & Treasurer | 2yrs | US$1.33m | 0.12% $ 928.5k | |
| General Counsel | no data | no data | no data | |
| Director of Corporate Communications | no data | no data | no data | |
| Executive Vice President of IKONICS | no data | US$521.45k | no data | |
| Chief Operating Officer of IKONICS | no data | US$523.02k | no data | |
| Chief Executive Officer at IKONICS | no data | US$964.34k | no data |
3.3yrs
Average Tenure
52.5yo
Average Age
Experienced Management: WULF's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 3.3yrs | US$2.39m | 5.31% $ 40.5m | |
| Chief Strategy Officer & Executive Director | 2.2yrs | US$1.54m | 0.79% $ 6.0m | |
| Co-Founder | 3.3yrs | US$327.75k | 6.94% $ 52.8m | |
| Director of IKONICS | no data | US$28.00k | no data | |
| Director of IKONICS | no data | US$62.74k | no data | |
| Director | 2.5yrs | US$154.64k | 0.049% $ 375.2k | |
| Independent Director | less than a year | no data | 0.0015% $ 11.3k | |
| Independent Director | 2.5yrs | US$175.00k | 0.062% $ 472.3k | |
| Independent Director | 2.5yrs | US$150.00k | 0.045% $ 342.5k | |
| Lead Independent Director | 2.5yrs | US$220.37k | 0.065% $ 494.8k | |
| Independent Director | 2.2yrs | US$150.00k | 0.042% $ 316.2k | |
| Independent Director | less than a year | no data | 0.0015% $ 11.3k |
2.5yrs
Average Tenure
61.5yo
Average Age
Experienced Board: WULF's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.