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Core Scientific, Inc. (NASDAQ:CORZ) shares are trading higher on Monday after the company disclosed that Jim Nygaard will take over as Executive Vice President and Chief Financial Officer on March 17, 2025.
This appointment is part of the previously disclosed CFO transition plan, with Jim Nygaard succeeding Denise Sterling.
Core Scientific noted Sterling was promoted to CFO shortly before the company filed for Chapter 11, playing a vital role in stabilizing and repositioning the company. Core Scientific emerged from Chapter 11 early last year.
Nygaard has nearly 30 years of investment banking experience, specializing in M&A, corporate finance, and capital raising. Since 2008, …
