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Scouting report · IREN

William Roberts

  • Co-Founder, Co-Chief Executive Officer & Director, IREN since 2021-09src

Co-founded IREN (Iris Energy) with his brother in 2018; Co-CEO since 2021

—thin record

Not ranked yet

Scouting sheet

as of 24 Sep 2026
Delivers guidance—no promises on the record yet
Answers the question—no call reviewed yet
Capital allocation—company not reviewed yet
Pay design53strategic, individual, tsr, time only · 88% for · 83.56% of net income
Skin in the game—no holding or price on file
Age
35src
In the role
5 yr
Promises scored
0
Hit rate
—
Dodges / 100 answers
—
Airtime on calls
—
Every promise, oldest firstno scored promises yet

What to weigh

Red flag 2

  • FY2025 total pay $72.6m, of which $69.7m stock awards (2.4m one-year outperformance TRSUs, six-year retention grants, and $5.6m of incremental value from converting PRSUs to time-only vesting). That equals about 84% of FY2025 net income, per co-CEO; CEO pay ratio 993:1src
  • In May 2025 the board converted his 2022 and 2025 annual PRSUs, whose share-price hurdles had not been met, to time-only vesting in November 2025 and May 2026, saying their retention value had been diminished by market-wide factorssrc

Watch 5

  • Not a speaker on any of the eight results calls on file (FY2025 Q1 to FY2026 Q4): his brother, Kent Draper and the CFO take the questions, so his candour cannot be measured from the callssrc
  • On 2026-06-30 the board granted him (and his brother) 9,099,328 RSUs vesting over four years with a further two-year holding period and no performance condition, in lieu of any further equity grant until FY2031src
  • The press reported shareholders and critics clashing over the co-CEOs' retention packagesrc
  • Sold 1,000,000 shares at $33.13 on 2025-09-11 (about $33.1m) and disposed of his 1,000,000 A$5.005 options expiring December 2025 on 2025-09-03/04, just outside the last twelve monthssrc
  • Founder control: the B Class share gives the brothers 15 votes per ordinary share; the 10-K says their combined vote is below 50% but could exceed it as the July 2026 RSUs vestsrc

Career

  1. 2021 – now
    IREN Limited (Iris Energy until the 2024 rename)src
    Co-Chief Executive Officer & Director
    Co-CEO from 2021-09-23 with Daniel Roberts; company renamed IREN Limited 2024-11-27 (10-K-2026)
  2. 2018 – 2021
    Iris Energy Pty Ltdsrc
    Co-Founder & Executive Director
    Incorporated in New South Wales on 2018-11-06 (10-K-2026)

Undated in the sources

  • Macquarie Groupsrc, Commodities & Global Markets; co-founded the newly established Digital Assets team
  • Westpac; Brookfield Multiplexsrc, Accounting and banking roles before Macquarie

Not located: No filing or search result dates his Macquarie, Westpac or Brookfield Multiplex years; the ten-year reach back to 2016 falls in the pre-IREN years, sourced only as 'prior to founding IREN'

Achievements

  • Co-founded Iris Energy in 2018 and took it public on Nasdaq in November 2021; now co-runs it as IRENsrc
  • Co-founded Macquarie's Digital Assets team before leaving to start Iris Energysrc
  • Net income $86.9m in FY2025 after losses of $28.9m (FY2024) and $171.8m (FY2023)src

Education

  • University of Technology Sydney, Bachelor of Business With Distinctionsrc

Background

  • Family Brother of Daniel Roberts, the other Co-CEO and co-founder (disclosed in the IPO prospectus and the 2025 proxy)src
  • Family IPO prospectus related-party note: an entity affiliated with the brothers' father bought small amounts of Iris Energy shares and convertible notes in 2019-2021 private placements, stated to be at fair market value on arm's-length termssrc
  • Founder Holds one of the two B Class shares (through Awassi Capital Holdings 1 Pty Ltd), each carrying fifteen votes per ordinary share the holder owns, redeemable on voluntary retirement as a director or by 2033-11-17 at the latest. The brothers held 78.0% of the vote after the 2021 IPO and 43.5% (21.8% each, with the board) at 2025-08-31src
  • Other No employment agreement and no severance or change-in-control arrangement with IREN (the same for his brother)src

The promise ledger

No promise on the record yet: the research routine has not scored this company's guidance.

Sources

13
  1. Filing IREN Limited DEF 14A for the 2025 AGM (accession 0001140361-25-037383) · 2025-10-06
  2. Filing IREN Limited 10-K for the year to 2026-06-30 (0001878848-26-000052) · 2026-08-27
  3. Filing Iris Energy Limited IPO prospectus, 424B4 (0001140361-21-038558) · 2021-11-18
  4. Filing IREN Limited 8-K Item 5.02, Co-CEO RSU grants (0001140361-26-027202) · 2026-07-01
  5. Filing IREN Limited 8-K Item 5.07, 2025 AGM results (0001140361-25-043142) · 2025-11-24
  6. Filing SEC XBRL companyconcept us-gaap/NetIncomeLoss, CIK 1878848 (FY2025 10-K 0001878848-25-000063) · 2025-08-28
  7. Filing Form 4, William Gregory Roberts (reporting CIK 1909308), RSU grant and PRSU vesting of 2026-07-01 (0000950103-26-009957) · 2026-07-01
  8. Filing Form 4, William Gregory Roberts, sale of 2025-09-11 (0000950103-25-011561) · 2025-09-11
  9. Filing Form 4, William Gregory Roberts, disposal of 1,000,000 A$5.005 options on 2025-09-03/04 (0000950103-25-011345) · 2025-09-05
  10. Filing EDGAR submissions index for reporting owner William Gregory Roberts (CIK 1909308): Forms 3/4/144 filed 2023-12 to 2026-07 · 2026-09-24
  11. Call transcript IREN FY2026 Q4 earnings call, ROIC.ai (one of eight IREN calls FY2025 Q1 to FY2026 Q4 on file; none carries him as a speaker)
  12. Web search result WebSearch: Will Roberts, Co-Founder & Co-CEO @ IREN (Crunchbase person profile; summary: Vice President, Commodities & Global Markets, Macquarie, before 2018) · 2026-09-24
  13. Web search result WebSearch: Capital Brief, IREN shareholders and sceptics clash over co-CEOs' pay package (headline only) · 2026-09-24