Cipher Digital: Pay

Cipher Digital paid its 5 named executives $57.9M in total in FY2025 (Dec). CEO Rodney Tyler Page was paid $15.0M of that.

Pay$100 in the stock at the end of FY21 → $319
CEO pay is from each proxy. The stock line is the value of $100 put in the stock at the start, from the price change of each fiscal year. Dividends are not in it.

Pay of each named executive

Edward FarrellFormer Chief Financial Officer
FY2025 (Dec)
FY2024 (Dec)Not disclosed
FY2023 (Dec)Not disclosed
FY2022 (Dec)Not disclosed
4 years
Rodney Tyler PageChief Executive Officer
FY2025 (Dec)
FY2024 (Dec)Not disclosed
FY2023 (Dec)Not disclosed
FY2022 (Dec)Not disclosed
4 years
Gregory MumfordChief Financial Officer
FY2025 (Dec)
1 year
Patrick KellyCo-President and Chief Operating Officer
FY2025 (Dec)
FY2024 (Dec)Not disclosed
FY2023 (Dec)Not disclosed
FY2022 (Dec)Not disclosed
4 years
William IwaschukCo-President, Chief Legal Officer and Corporate Secretary
FY2025 (Dec)
FY2024 (Dec)Not disclosed
FY2023 (Dec)Not disclosed
FY2022 (Dec)Not disclosed
4 years

CEO pay against the pay peers

In FY2025 (Dec), the median CEO pay of the 8 peers with pay on file was $18.3M. The CEO of Cipher Digital was paid $15.0M, 18% below the median.

  1. 1Hut 8
  2. 2Cleanspark
  3. 3Terawulf
  4. 4C3.ai
  5. 5Cipher Digital
  6. 6Marqeta
  7. 7Alkami Technology
  8. 8A10 Networks
  9. 9Riot Platforms
  10. 10Applied DigitalNot disclosed
  11. 11Bit Digital, Inc.Not disclosed
  12. 12Bitfarms Ltd.Not disclosed
  13. 13Core Scientific, Inc.Not disclosed
  14. 14Couchbase, Inc.Not disclosed
  15. 15Hive Digital Technologies Ltd.Not disclosed
  16. 16IRENNot disclosed
  17. 17Marathon Digital Holdings, Inc.Not disclosed
  18. 18Repay Holdings CorporationNot disclosed
  19. 19Soundhound AiNot disclosed

Pay of each named executive comes from the Summary Compensation Table of each proxy statement. Realized pay adds the value of options used and stock that vested. CEO pay of each peer comes from its own Pay versus Performance table.