Founder, per press coverage, Applied Digital Corp.
Wes Cummins
Wes Cummins is chairman and chief executive of Applied Digital and reports 7.8% of its common stock. Press coverage names Cummins as a founder with Jason Zhang. The proxy does not use that title for Cummins.
- Role
- Chief Executive Officer and Chairman
- Company
- Nasdaq: APLD
- Shares reported
- 23,361,036 (common stock)
- Education
- BSBA, Washington University in St. Louis.
- % of main listed class
- % of votes, where shares carry different votes
- Wes Cummins7.8%
Beneficial ownership as reported, with holdings as of 16 September 2026. Beneficial ownership can include shares obtainable within 60 days.
Career
- 2002 to 2011President of B. Riley & Co.
- 2007 to 2020Director of the company, and its sole officer from March 2012.
- 2020Founded 272 Capital, and remains its chief executive.
- March 2021Returned to the board and became chief executive.
- December 2025Also became chief executive and chairman of Base Electron, an independent power producer for AI data center campuses.
How to read the stake
The position includes 17,590,238 shares held by Cummins Family Ltd, pledged against a JPMorgan credit line. The founder title is unclear partly because Cummins had been a director of the company since 2007, well before its 2021 start in this business.
Source: Applied Digital Corp. DEF 14A, filed 25 September 2026, Stocktwits on the company's founding. This page covers what those documents state. It is not a full biography.
Other founders of Applied Digital Corp.
- Jason ZhangPresident and Co-Founder
Questions
What does Wes Cummins do at Applied Digital Corp.?
Wes Cummins is chairman and chief executive of Applied Digital and reports 7.8% of its common stock. Press coverage names Cummins as a founder with Jason Zhang. The proxy does not use that title for Cummins.
Who founded Applied Digital Corp.?
The proxy calls Jason Zhang a co-founder, from 2021. It does not use the word for Wes Cummins, whom press coverage names as the other founder.