Core Scientific, Inc.

NasdaqGS:CORZ Stock Report

Market Cap: US$4.6b

Core Scientific Management

Management criteria checks 1/4

Core Scientific's CEO is Adam Sullivan, appointed in May 2023, has a tenure of 1.5 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 $3.86M. The average tenure of the management team and the board of directors is 1.2 years and 0.8 years respectively.

Key information

Adam Sullivan

Chief executive officer

US$1.1m

Total compensation

CEO salary percentage34.0%
CEO tenure1.5yrs
CEO ownership0.08%
Management average tenure1.2yrs
Board average tenureless 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, Inc.'s (NASDAQ:CORZ) P/S Is Still On The Mark Following 35% Share Price Bounce

Core Scientific: HPC Pivot Begins To Bear Fruit

Oct 16

Market Participants Recognise Core Scientific, Inc.'s (NASDAQ:CORZ) Revenues Pushing Shares 27% Higher

Sep 14
Market Participants Recognise Core Scientific, Inc.'s (NASDAQ:CORZ) Revenues Pushing Shares 27% Higher

Core Scientific: Deserves Better As HPC Moves Into High Gear

Aug 13

Core Scientific: HPC Deals And A Buyout Offer

Jun 04

Core Scientific, Inc.'s (NASDAQ:CORZ) Revenues Are Not Doing Enough For Some Investors

Apr 24
Core Scientific, Inc.'s (NASDAQ:CORZ) Revenues Are Not Doing Enough For Some Investors

CEO Compensation Analysis

How has Adam Sullivan's remuneration changed compared to Core Scientific's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$1b

Jun 30 2024n/an/a

-US$831m

Mar 31 2024n/an/a

-US$35m

Dec 31 2023US$1mUS$378k

-US$246m

Compensation vs Market: Adam's total compensation ($USD1.11M) is below average for companies of similar size in the US market ($USD6.63M).

Compensation vs Earnings: Insufficient data to compare Adam's compensation with company performance.


CEO

Adam Sullivan (33 yo)

1.5yrs

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

NamePositionTenureCompensationOwnership
Adam Sullivan
CEO, President & Director1.5yrsUS$1.11m0.084%
$ 3.9m
Denise Sterling
Executive VP & CFO2.6yrsUS$392.10k0.16%
$ 7.3m
Todd Duchene
Executive VP5.6yrsUS$492.41k0.12%
$ 5.7m
Matt Brown
Chief Operating Officerless than a yearno datano data
Larry Kom
Chief Technology Officerless than a yearno datano data
Steven Gitlin
Senior Vice President of Investor Relations & Marketingless than a yearno datano data
Michael Bros
Executive VP of Corporate Development & Strategyless than a yearno datano data
Sangeeta Puri
Vice President of Human Resourcesno datano datano data
Jeff Taylor
Chief Information Security Officerno datano datano data
Russell Cann
Chief Development Officer & Executive VP of Client Services7.8yrsno datano data
Lynn Burgener
Senior VP of Tax & Trade5.9yrsno datano data
Carol Haines
Head of Power & Policyless than a yearno datano data

1.2yrs

Average Tenure

59yo

Average Age

Experienced Management: CORZ's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Adam Sullivan
CEO, President & Directorless than a yearUS$1.11m0.084%
$ 3.9m
Jordan Levy
Independent Directorless than a yearno data0.017%
$ 802.1k
Jarrod Patten
Chairmanless than a yearno data0.045%
$ 2.1m
Jeffrey Booth
Independent Directorless than a yearno datano data
Todd Becker
Independent Directorless than a yearno data0.048%
$ 2.2m
Yadin Rozov
Independent Directorless than a yearno data0.098%
$ 4.5m
Eric Weiss
Directorless than a yearno data0.0072%
$ 329.3k

0.8yrs

Average Tenure

53yo

Average Age

Experienced Board: CORZ's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.