Core Scientific appoints Jim Nygaard as CFO effective March 17; Sterling departs May 1

Core Scientific, Inc./tx

Jim Nygaard named EVP, CFO effective March 17; 30 years of investment banking/M&A expertise from XMS Capital and Morgan Stanley.
Denise Sterling, who guided Core Scientific through Ch.11 and raised over $1B via convertible notes, departs May 1 for seamless transition.
Nygaard receives $600k base salary, 100% target bonus, and 819,672 time-vesting RSUs (33% vest per year starting March 2026).

item 5.02 item 7.01 item 9.01

Machine-readable event card

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ticker: CORZ
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filed_at: 2025-03-04T23:59:59+00:00
discovered_at: 2026-05-14T18:03:05.205721+00:00
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Appointed

James P. Nygaard, Jr.

Executive Vice President, Chief Financial Officer

CORZ · Core Scientific, Inc./tx

Effective: 2025-03-17
Filed: Mar 04, 2025 23:59 UTC

On March 2, 2025, the Board of Directors (the “Board”) of Core Scientific, Inc. (the “Company”) approved the appointment of James P. Nygaard, Jr., age 50, as the Company’s Executive Vice President, Chief Financial Officer, effective March 17, 2025.

Source-grounded claims

1a6ee04667

James P. Nygaard, Jr. was appointed as Executive Vice President, Chief Financial Officer at Core Scientific, Inc./tx.

On March 2, 2025, the Board of Directors (the “Board”) of Core Scientific, Inc. (the “Company”) approved the appointment of James P. Nygaard, Jr., age 50, as the Company’s Executive Vice President, Chief Financial Officer, effective March 17, 2025.

SEC 8-K Item 5.02 confidence 0.95 SEC evidence

Source: SEC EDGAR

accession 0001628280-25-009570

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