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CEO salary increase

Company: Core Scientific

Subject kind
personnel
Statement date
2025-05-01
Promised amount
825000.0 USD
Current status
stated

The claim, verbatim

Adam Sullivan's annual base salary was increased to $825,000 for the 2025 calendar year

Source (primary)

Core Scientific 8-K filed 2025-05-02 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “approved and adopted an increase to the annual base salary payable to Adam Sullivan, the Company's President and Chief Executive Officer, to $825,000 for the 2025 calendar year”

How we checked this

Checked on September 17, 2026. The cited source supports every part of this claim.

Core Scientific's 8-K states that on April 28, 2025 its Compensation Committee approved an increase in CEO Adam Sullivan's annual base salary to $825,000 for the 2025 calendar year.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1839341/000162828025021837/core-20250428.htm) in full (3,854 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Core Scientific 8-K filed 2025-05-02

Quote: “approved and adopted an increase to the annual base salary payable to Adam Sullivan, the Company's President and Chief Executive Officer, to $825,000 for the 2025 calendar year”

View cached copy (2026-08-31)Live source ↗