Paul Prager is Chief Executive Officer and Chairman of the Board of Directors of Terawulf Inc. (WULF). The company reported total compensation of $39,411,005 for fiscal year 2025.
| Salary | $1,000,372 |
|---|---|
| Bonus | $15,000,000 |
| Stock awards | $23,151,000 |
| Option awards | $0 |
| Non-equity incentive plan | $0 |
| Pension and non-qualified deferred compensation | $0 |
| All other compensation | $259,633 |
| Total | $39,411,005 |
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed, without adjustment.
Cited to the compensation disclosure Terawulf Inc. filed April 28, 2026, accession 0001083301-26-000077.
| Fiscal year | Role | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | Chief Executive Officer and Chairman of the Board of Directors | $1,000,372 | $15,000,000 | $23,151,000 | $0 | $0 | $0 | $259,633 | $39,411,005 |
| FY2024 | Chief Executive Officer and Chairman of the Board of Directors | $960,112 | $1,500,000 | $4,433,145 | $0 | $0 | $0 | $19,383 | $6,912,640 |
| FY2023 | Chief Executive Officer and Chairman of the Board of Directors | $950,545 | $1,425,000 | $0 | $0 | $0 | $0 | $18,633 | $2,394,178 |
| FY2022 | Chief Executive Officer and Chairman of the Board of Directors | $740,588 | $0 | $0 | $0 | $0 | $0 | $17,355 | $757,943 |
| FY2021 | Chief Executive Officer and Chairman of the Board of Directors | $612,248 | $0 | $0 | $0 | $12,980 | $0 | $0 | $625,228 |
Totals as disclosed in each year's own compensation disclosure for Terawulf Inc..
| Peer-group chief executive median | $21,863,192 |
|---|---|
| Difference from that median | $17,547,814 |
| Percentile within the disclosed peer group | 83rd |
| Peers with a disclosed figure | 6 |
Medians and percentiles are computed across the peer group Terawulf Inc. discloses in its own compensation disclosure.
| Named executive officer | Role | FY2025 total |
|---|---|---|
| Paul Prager this page | Chief Executive Officer and Chairman of the Board of Directors | $39,411,005 |
| Nazar Khan | Chief Technology Officer and Director | $30,059,449 |
| Kerri Langlais | Chief Strategy Officer and Director | $20,189,002 |
| Patrick Fleury | Chief Financial Officer | $20,133,749 |
| William Tanimoto | Chief Accounting Officer | $1,051,053 |
| Kenneth Deane | Former Chief Accounting Officer and Treasurer | $628,108 |
The company's named executive officers for fiscal year 2025, and what it reported for each. See the full Terawulf Inc. compensation brief.
Paul Prager's compensation sits inside Terawulf Inc.'s full executive and board picture — the peer group, pay against peers, incentive design and the board itself.