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Core Scientific Appoints New CFO James P. Nygaard

Story Highlights
  • Core Scientific appointed James Nygaard as CFO, effective March 17, 2025.
  • Nygaard’s appointment follows Denise Sterling’s resignation after guiding the company through restructuring.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Core Scientific Inc ( (CORZ) ) has shared an update.

On March 2, 2025, Core Scientific announced the appointment of James P. Nygaard, Jr. as Executive Vice President and Chief Financial Officer, effective March 17, 2025. Nygaard brings nearly 30 years of investment banking experience, having previously served as Managing Director at XMS Capital Partners and CFO of Power & Digital Infrastructure Acquisition Corp. This transition follows the resignation of Denise Sterling, who played a critical role in stabilizing the company during its restructuring and emergence from Chapter 11. Nygaard’s expertise is expected to help Core Scientific continue scaling its operations and enhancing shareholder value.

More about Core Scientific Inc

Core Scientific is a leader in digital infrastructure for high-performance computing, providing digital infrastructure, software solutions, and services. The company operates purpose-built facilities and employs a large fleet of computers to earn digital assets and provide hosting services for bitcoin mining customers. Core Scientific is also converting its data centers to support artificial intelligence-related workloads.

YTD Price Performance: -22.93%

Average Trading Volume: 10,989,134

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $3.28B

See more insights into CORZ stock on TipRanks’ Stock Analysis page.

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