We have prepared and fully characterized two isomers of [Ir IV (dpyp) 2 ]( dpyp = meso-2,4-di(2-pyridinyl)-2,4pentanediolate). These complexes can cleanly oxidizet o [Ir V (dpyp) 2 ] + ,w hicht oo ur knowledge represent the first mononuclear coordination complexes of Ir V in an N,O-donor environment. One isomer has been fully characterized in the Ir V state,i ncluding by X-rayc rystallography,X PS,a nd DFT calculations,a ll of which confirm metal-centered oxidation. The unprecedented stability of these Ir V complexes is ascribed to the exceptional donor strength of the ligands,their resistance to oxidative degradation, and the presence of four highly donor alkoxide groups in aplane,which breaks the degeneracy of the d-orbitals and favors oxidation.