Core Scientific Management
Management criteria checks 1/4
Core Scientific's CEO is Adam Sullivan, appointed in May 2023, has a tenure of 1.58 years. total yearly compensation is $1.11M, comprised of 34% salary and 66% bonuses, including company stock and options. directly owns 0.084% of the company’s shares, worth $3.31M. The average tenure of the management team and the board of directors is 1.3 years and 0.9 years respectively.
Key information
Adam Sullivan
Chief executive officer
US$1.1m
Total compensation
| CEO salary percentage | 34.0% |
| CEO tenure | 1.6yrs |
| CEO ownership | 0.08% |
| Management average tenure | 1.3yrs |
| Board average tenure | less than a year |
Recent management updates
No updates
Recent updates
Core Scientific, Inc.'s (NASDAQ:CORZ) P/S Is Still On The Mark Following 35% Share Price Bounce
Nov 08
Core Scientific: HPC Pivot Begins To Bear Fruit
Oct 16Market Participants Recognise Core Scientific, Inc.'s (NASDAQ:CORZ) Revenues Pushing Shares 27% Higher
Sep 14Core Scientific: Deserves Better As HPC Moves Into High Gear
Aug 13Core Scientific: HPC Deals And A Buyout Offer
Jun 04Core Scientific, Inc.'s (NASDAQ:CORZ) Revenues Are Not Doing Enough For Some Investors
Apr 24CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$1b |
| Jun 30 2024 | n/a | n/a | -US$831m |
| Mar 31 2024 | n/a | n/a | -US$35m |
| Dec 31 2023 | US$1m | US$378k | -US$246m |
Compensation vs Market: Adam's total compensation ($USD1.11M) is below average for companies of similar size in the US market ($USD6.65M).
Compensation vs Earnings: Insufficient data to compare Adam's compensation with company performance.
CEO
Adam Sullivan (33 yo)
1.6yrs
Tenure
US$1,113,983
Compensation
Mr. Adam Sullivan serves as President of Core Scientific, Inc. since May 15, 2023 and serves as its Chief Executive Officer from August 2023. He was a Managing Director and Head of Digital Assets and Infra...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 1.6yrs | US$1.11m | 0.084% $ 3.3m | |
| Executive VP & CFO | 2.7yrs | US$392.10k | 0.16% $ 6.2m | |
| Executive VP | 5.7yrs | US$492.41k | 0.76% $ 30.0m | |
| Chief Operating Officer | less than a year | no data | no data | |
| Chief Technology Officer | less than a year | no data | no data | |
| Executive VP of Corporate Development & Strategy | less than a year | no data | no data | |
| Chief Marketing Officer | less than a year | no data | no data | |
| Vice President of Human Resources | no data | no data | no data | |
| Chief Information Security Officer | no data | no data | no data | |
| Chief Development Officer & Executive VP of Client Services | 7.9yrs | no data | no data | |
| Senior VP of Tax & Trade | 6yrs | no data | no data | |
| Head of Power & Policy | less than a year | no data | no data |
1.3yrs
Average Tenure
59.5yo
Average Age
Experienced Management: CORZ's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | less than a year | US$1.11m | 0.084% $ 3.3m | |
| Independent Director | less than a year | no data | 0.017% $ 688.2k | |
| Chairman | less than a year | no data | 0.045% $ 1.8m | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | less than a year | no data | 0.048% $ 1.9m | |
| Independent Director | less than a year | no data | 0.061% $ 2.4m | |
| Director | less than a year | no data | 0.0072% $ 282.5k |
0.9yrs
Average Tenure
53yo
Average Age
Experienced Board: CORZ's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 17:58 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Core Scientific, Inc. is covered by 16 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ramsey El-Assal | Barclays |
| Lucas Pipes | B. Riley Securities, Inc. |
| Gregory Lewis | BTIG |