Core Scientific appoints Adam Sullivan as CEO amid restructuring course of

Core Scientific appoints Adam Sullivan as CEO amid restructuring course of

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Publicly traded Bitcoin (BTC) miner Core Scientific has appointed Adam Sullivan its CEO. Sullivan, who beforehand served because the company’s president, took the role on Aug. 4, whereas co-founder and former CEO Mike Levitt remains chairman of the board.

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Sullivan has over a decade of industrial providers skills, in particular in digital property and infrastructure, with a background that includes plot, company finance, and mergers and acquisitions. Earlier than joining Core Scientific, he held roles at XMS Capital Companions, overseeing transactions totaling over $5 billion, in conjunction with Core Scientific’s merger with Energy & Digital Infrastructure Acquisition Corp. in 2021.

<em>Core Scientific&rsquo;s share imprint movement in 2023. Supply: Google (NASDAQ:<span class="aqPopupWrapper js-hover-me-wrapper"><a href="https://www.investing.com/equities/google-inc" id="64cd4b23160b4" class="aqlink js-hover-me" hoverme="aql" data-pairid="6369">GOOGL</a></span>) Finance</em>

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