---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-039711"
form_type: "8-K"
ticker: "CORZ"
cik: "0001839341"
company_name: "Core Scientific, Inc./tx"
filed_at: "2024-09-06T23:59:59+00:00"
generated_at: "2026-05-31T06:06:46.719197+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Core Scientific CFO Denise Sterling to step down by May 2025; transition agreement signed

## Summary
- Sterling to resign as EVP/CFO effective May 1, 2025 or upon hiring successor; will assist transition.
- Base salary $500k retroactive to May 2, 2024; $500k retention bonus if employed through Dec 31, 2024.
- Received one-time RSU grant of 318,613 time-based units vesting March 31, 2025.
- Company launched nationwide search with executive search firm; departure not due to disagreement.
- CEO cites Sterling's role in restructuring and $460M convertible note offering.

## SEC filing metadata
- accession: 0001628280-24-039711
- form_type: 8-K
- ticker: CORZ
- cik: 0001839341
- company_name: Core Scientific, Inc./tx
- filed_at: 2024-09-06T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1839341/000162828024039711/0001628280-24-039711-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1839341/000162828024039711/core-20240906.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-039711
- JSON: https://secwatch.observer/filing/0001628280-24-039711.json
- Plain text: https://secwatch.observer/filing/0001628280-24-039711.txt

## Key facts
- Executive change
  Denise Sterling departed as Executive Vice President and Chief Financial Officer at Core Scientific, Inc./tx.
  - Action: resign
  - Role: Executive Vice President and Chief Financial Officer
  source text: On September 5, 2024, Denise Sterling, Executive Vice President and Chief Financial Officer of the Company, informed the Company of her intention to resign from the Company pending the appointment of a successor.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1839341/000162828024039711/0001628280-24-039711-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.