Core Scientific appoints Adam Sullivan as CEO amid restructuring process

Core Scientific appoints Adam Sullivan as CEO amid restructuring process

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Publicly traded Bitcoin (BTC) miner Core Scientific has appointed Adam Sullivan its CEO. Sullivan, who previously served as the firm’s president, took the role on Aug. 4, while co-founder and old CEO Mike Levitt remains chairman of the board.

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Sullivan has over a decade of financial products and companies journey, specifically in digital resources and infrastructure, with a background that involves arrangement, corporate finance, and mergers and acquisitions. Before becoming a member of Core Scientific, he held roles at XMS Capital Partners, overseeing transactions totaling over $5 billion, along with Core Scientific’s merger with Vitality & Digital Infrastructure Acquisition Corp. in 2021.

<em>Core Scientific&rsquo;s part designate motion in 2023. Source: Google (NASDAQ:<span class="aqPopupWrapper js-hover-me-wrapper"><a href="https://www.investing.com/equities/google-inc" id="64cfee5f10fbf" class="aqlink js-hover-me" hoverme="aql" data-pairid="6369">GOOGL</a></span>) Finance</em>

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