Core Scientific, Inc./tx files 8-K: director / officer changes

Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On April 30, 2026, the Board of Directors of Core Scientific, Inc. (the “Company”) appointed Jorge Ray as the Company’s Principal Accounting Officer, effective May 7, 2026.

Mr. Ray, age 43, currently serves as Chief Accounting Officer of the Company and has held this position since March 2026.

Prior to joining the Company, Mr. Ray served as Corporate Controller at Raymond James Financial, Inc. from April 2025 to March 2026, overseeing accounting and financial reporting. Before that, he served as Executive Vice President and Chief Accounting Officer at BankUnited, Inc. from May 2017 to April 2025.

Mr. Ray previously worked at KPMG LLP and PricewaterhouseCoopers LLP, specializing in audit services for financial institutions.

Mr. Ray holds a Master of Business Administration from the MIT Sloan School of Management.

In connection with his employment as Chief Accounting Officer, Mr. Ray’s compensation consists of an annual base salary of $400,000 and eligibility to participate in the Company’s annual bonus program with a target bonus opportunity of 40% of his base salary. Mr. Ray also received a one-time grant of restricted stock units with a grant date value of $600,000, which vest over three years, and a one-time signing bonus of $193,000, including $71,000 for relocation expenses. Mr. Ray remains eligible for future equity awards under the Company’s compensation programs.

There are no arrangements or understandings between Mr. Ray and any other persons pursuant to which he was appointed as Principal Accounting Officer. There are no family relationships between Mr. Ray and any director or executive officer of the Company, and there are no transactions involving Mr. Ray that would require disclosure under Item 404(a) of Regulation S-K.