Software - Infrastructure · Technology
CFO
Equibles does not estimate personal net worth.
Earlier roles on record: CFO at Core Scientific, Inc. (CORZ) until May 1, 2025 and CFO at Core Scientific, Inc. (CORZ) until September 5, 2024. Core Scientific, Inc. reported in an 8-K filed March 4, 2025 that Denise Sterling resigned as Executive Vice President, Chief Financial Officer, effective May 1, 2025. Core Scientific, Inc. reported in an 8-K filed September 6, 2024 that Denise Sterling resigned as Executive Vice President and Chief Financial Officer, effective September 5, 2024. The proxy statement of Core Scientific, Inc. reports total compensation of $6,125,647 for Denise Sterling in fiscal 2025, including a base salary of $500,000. Disclosed compensation is on record for 3 fiscal years. Denise Sterling has spoken on 7 earnings calls across 1 company, most recently for Core Scientific, Inc. on February 26, 2025. The companies whose calls Denise Sterling spoke on are classified in the Technology sector.
“In connection with the appointment of Mr. Nygaard as the Company’s Executive Vice President, Chief Financial Officer, the departure of Ms. Sterling is now effective May 1, 2025.”
“On September 5, 2024, Denise Sterling, Executive Vice President and Chief Financial Officer of the Company, informed the Company of her intention to resign from the Company pending the appointment of a successor.”
“I am pleased with our financial performance in 2024, especially given the operational hurdles we navigated, namely the Bitcoin halving in April and the deliberate shutdown of several active mining sites to accommodate our major HPC hosting contract with CoreWeave.”
“Our third quarter operational execution was strong, while our financial performance reflected a challenging post-halving hash price.”
“We are pleased with our second quarter operational execution and financial performance, particularly given the halving.”
“Our performance in the first quarter was strong across all financial metrics, driven by favorable fundamentals and excellent execution. Total revenue for the first quarter of 2024 was $179.3 million, which included $150 million from digital asset mining and $29.3 million from hosting.”
“As you know, we stopped holding bitcoin on our balance sheet in 2022. We will adopt the new standard on January 1, 2024, but it really won’t have a significant impact on us.”
Start not stated–2025-05-01
Start not stated–2024-09-05
Software - Infrastructure · Technology
CFO
Compensation components disclosed in company proxy statements. Amounts are nominal USD; total is the company-reported figure.
| Fiscal year | Company | Role | Salary | Total |
|---|---|---|---|---|
| 2025 | Core Scientific, Inc. (CORZ) | Former Executive Vice President, Chief Financial Officer | $500,000 | $6,125,647 |
| 2024 | Core Scientific, Inc. (CORZ) | Former Executive Vice President, Chief Financial Officer | $424,615 | $4,812,212 |
| 2023 | Core Scientific, Inc. (CORZ) | Former Executive Vice President, Chief Financial Officer | $300,000 | $392,100 |