C
Core Scientific
CORZ · Power Shells
$17.37
-0.72 (-3.98%)
As of Sep 10, 2026 close
Executive Compensation — FY2025 Proxy
DEF 14A filed Mar 31, 2026CEO Total Comp
$22.9M
Adam Sullivan · FY2025
YoY Change
-45.3%
FY2024: $41.9M
CEO Pay Ratio
171:1
median employee $134.2K
Named Executives
4
CEO · CFO · GC · CFO
Equity Share of Comp
87%
of CEO total
Compensation Over Time
CEO total by component · from Summary Compensation TableSalaryCash BonusEquity AwardsAll Other
“All Other” includes non-equity incentive compensation (see table below for the breakout).
Summary Compensation Table
Officer × year · extracted from DEF 14A · analyst-reviewed| Name & Position | Year | Salary | Cash Bonus | Equity Awards | Non-Equity Incentive | All Other | Total |
|---|---|---|---|---|---|---|---|
Adam Sullivan President and Chief Executive Officer | 2025 | $815,769 | — | $20,005,674 | $2,062,500 | $39,261 | $22,923,204 |
| 2024 | $562,981 | — | $39,495,340 | $1,800,000 | $80,000 | $41,938,321 | |
| 2023 | $378,291 | $500,000 | — | — | $12,500 | $890,791 | |
James Nygaard Executive Vice President, Chief Financial Officer | 2025 | $450,000 | — | $8,000,000 | $1,200,000 | $30,354 | $9,680,354 |
Todd DuChene Executive Vice President, Chief Legal and Administrative Officer | 2025 | $523,846 | — | $5,846,793 | $1,050,000 | — | $7,420,639 |
| 2024 | $500,000 | $150,000 | $13,903,680 | $875,000 | — | $15,428,680 | |
| 2023 | $492,308 | — | — | — | $100 | $492,408 | |
Denise Sterling Former Executive Vice President, Chief Financial Officer | 2025 | $500,000 | $1,525,000 | $4,038,000 | — | $62,647 | $6,125,647 |
| 2024 | $424,615 | $1,125,000 | $3,262,597 | — | — | $4,812,212 | |
| 2023 | $300,000 | $92,000 | — | — | $100 | $392,100 |
Pay vs Performance
Compensation actually paid vs TSR · XBRL (Item 402(v))CEO comp actually paidAvg other NEOTSR (indexed, right)
Pay vs Performance — Detail
| FY | CEO Paid | Avg NEO Paid | TSR | Net Income |
|---|---|---|---|---|
| 2025 | $74.8M | $18.5M | 423.3 | $-288.6M |
| 2024 | $58.4M | $15.0M | 408.4 | $-1.4B |
| 2023 | $890.8K | $-7.7M | — | $-246.5M |
| 2022 PEO: Michael Levitt | $-107.0M | $-2.4M | — | $-2.1B |
| 2021 | $234.7M | $54.8M | — | $47.3M |
TSR = value of $100 invested at the earliest disclosed fiscal year end · “actually paid” per SEC 402(v) methodology · source filing
Summary Compensation Table extracted from SEC DEF 14A proxy statements (Claude-assisted, analyst-reviewed before publication; source quotes pinned per figure). Pay-versus-performance from Inline XBRL (ECD taxonomy) with HTML fallback where issuer tagging is incomplete. Updated annually on proxy filing (~120 days after fiscal year end).