---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-009570"
form_type: "8-K"
ticker: "CORZ"
cik: "0001839341"
company_name: "Core Scientific, Inc./tx"
filed_at: "2025-03-04T23:59:59+00:00"
generated_at: "2026-05-25T15:15:16.779038+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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).

## SEC filing metadata
- accession: 0001628280-25-009570
- form_type: 8-K
- ticker: CORZ
- cik: 0001839341
- company_name: Core Scientific, Inc./tx
- filed_at: 2025-03-04T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1839341/000162828025009570/0001628280-25-009570-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1839341/000162828025009570/core-20250302.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-009570
- JSON: https://secwatch.observer/filing/0001628280-25-009570.json
- Plain text: https://secwatch.observer/filing/0001628280-25-009570.txt

## Source-grounded claims
- claim_id: 1a6ee04667
  claim: James P. Nygaard, Jr. was appointed as Executive Vice President, Chief Financial Officer at Core Scientific, Inc./tx.
  evidence_excerpt: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1839341/000162828025009570/0001628280-25-009570-index.htm

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