Sign in

    Jason Les

    Chief Executive Officer at Riot Platforms Inc
    Board
    Since February 8, 2021
    Age
    39 years
    Education
    Earned a Bachelor of Science in Computer Science from the University of California, Irvine.
    Tenure
    Joined Riot Platforms in November 2017 as a director and was promoted to Chief Executive Officer on February 8, 2021.

    Also at Riot Platforms Inc

    BY
    Benjamin Yi
    Executive Chairman
    CY
    Colin Yee
    Executive Vice President, Chief Financial Officer (EVP-CFO)
    JC
    Jason Chung
    Executive Vice President, Head of Corporate Development & Strategy

    About

    Jason Les is the Chief Executive Officer of Riot Platforms, Inc., serving on the Board since November 2017 and assuming the CEO role on February 8, 2021.

    He earned a Bachelor of Science in Computer Science from the University of California, Irvine and has been actively involved in the cryptocurrency space since 2013. His early work includes significant contributions in Bitcoin mining, protocol development, and open-source projects.

    Before his tenure at Riot Platforms, he co-founded a software-development company where he led engineering projects in artificial intelligence and reverse engineering, and he also built a notable career as a professional heads-up poker player, competing in high-stakes games and prestigious tournaments.

    $RIOT Performance Under Jason Les

    Past Roles

    OrganizationRoleDate RangeDetails
    Riot Platforms, Inc. Board Member November 2017 - CEO appointment Served on the Board prior to becoming CEO
    Binary Digital Founding Partner May 2017 - November 2020 Led the engineering team and coordinated AI, reverse engineering, and inter-software compatibility projects
    Professional Heads-Up Poker Professional Heads-Up Poker Player Over a decade Competed in high-stakes games and tournaments; selected for ‘Man vs Machine’ at Carnegie Mellon University in 2015 and 2017

    Fixed Compensation

    Data from  FY 2024
    Component NameAmountPayment ScheduleAdditional Details
    Salary$1,334,219 Cash: Annually; Bitcoin: Quarterly Cash Salary: $600,000 ; Bitcoin Compensation: 10 BTC with an aggregate fair value of $734,219
    Non-Equity Incentive Plan$2,893,957 N/A 2024 AIP: Cash Component: $990,000, Bitcoin Component: 16.5 BTC with a fair value of $1,671,720 ; 2023 AIP Adjustment: Cash: $115,000, Bitcoin: 1.828 BTC ($117,237)
    All Other Compensation$41,096 N/A Medical Insurance: $15,407; Executive Wellness Program: $15,485; Life Insurance: $486; Disability Insurance: $648; 401(k) Match: $9,070

    Performance Compensation

    Data from  FY 2024

    Performance Compensation - RSA Stock Awards

    ComponentDetails
    Evaluation MetricRelative Total Shareholder Return (TSR) vs. Russell 3000 Index
    Performance Range0% to 200% of the target award
    ThresholdA Relative TSR hurdle of 0% yields 100% of the target award
    Maximum (Cap)200% of the target award
    Vesting ScheduleVesting occurs after a three-year performance period
    Evaluation PeriodThree years
    ConditionsContinued employment through the performance period; unearned awards are forfeited
    Grant DateJanuary 3, 2024 and July 1, 2024
    Target SharesJanuary Grant: 5,000,000 shares; July Grant: 753,768 shares
    Grant Date Fair ValueJanuary Grant: $70,900,000; July Grant: $4,613,060
    Grant Date Stock PriceBased on the closing price on the grant date; specific price unavailable