Core Scientific, Inc., a leader in digital infrastructure for high-density colocation and digital asset mining, announced the immediate appointment of Elizabeth Crain to its Board of Directors. Ms. Crain will also serve as Chair of the Company’s Audit Committee.

With over 30 years of expertise in investment banking, private equity, and executive leadership, Ms. Crain co-founded and served as COO of Moelis & Company, a top independent investment bank. She played a pivotal role in scaling Moelis into a global financial advisory firm. Previously, she was Managing Director and COO at UBS Investment Banking Americas. Ms. Crain currently is a Partner at the Consello Group and sits on Nokia Corporation’s Board. Barron’s named her one of the 100 Most Influential Women in U.S. Finance in 2022. She holds an MBA from Wharton and a B.S. in Economics from Arizona State University.

“We are excited to welcome Elizabeth Crain to our Board during this important time in Core Scientific’s evolution,” said Adam Sullivan, CEO. “Her financial leadership and strategic insight will be invaluable as we execute our long-term growth plans.”

In conjunction with this appointment, Core Scientific’s Board elected Jordan Levy as Chair, succeeding Jarrod Patten, who did not stand for reelection at the 2025 Annual Meeting of Stockholders.

“We are thrilled to have Jordan Levy step into his new role as Chairman,” added Sullivan. “His leadership and vision position us strongly for our next phase of growth.”