secwatch.observer — SEC 8-K summary
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Issuer:     Core Scientific, Inc./tx (CORZ)
CIK:        0001839341
Form:       8-K
Filed at:   2023-08-07T23:59:59+00:00
Accession:  0001193125-23-204066
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Core Scientific CEO Michael Levitt resigns; Adam Sullivan appointed interim CEO
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- Michael Levitt resigned as CEO effective Aug 2, 2023; becomes Executive Chairman at $60k annual salary; unvested equity awards remain eligible.
- Darin Feinstein resigned as Co-Chairman effective Aug 2, 2023; will continue as Board member.
- Adam Sullivan appointed interim CEO effective Aug 2, 2023; previously President since May 15, 2023; no related party transactions.
- Sullivan oversaw over $5 billion in transactions at XMS Capital Partners; advised on Power & Digital Infrastructure acquisition of Legacy Core.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1839341/000119312523204066/0001193125-23-204066-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1839341/000119312523204066/d542047d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-204066

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer