Meet Our Experienced Management Team

Jim Nygaard is the Chief Financial Officer of Core Scientific, leading the company’s financial strategy, capital allocation, and investor relations. With nearly 30 years of investment banking and corporate finance experience, Jim brings deep expertise in M&A, corporate finance, and capital markets to support Core Scientific’s growth and strategic initiatives.

Since 2008, he has served as a Managing Director at XMS Capital Partners, LLC, leading M&A execution activities, strategic financings, and chairing the firm’s Fairness Committee. From 2021 to 2022, Jim served as Chief Financial Officer of Power & Digital Infrastructure Acquisition Corp. (XPDI), which merged with Core Scientific. Prior to XMS Capital, Jim spent 12 years in Morgan Stanley’s Investment Banking Division, advising a diverse group of clients across a variety of industries. His career deal experience includes over $100 billion of strategic transactions and financings.

A summa cum laude graduate of the University of Illinois at Urbana-Champaign with a Bachelor of Arts in Economics, he was valedictorian of his department and received Bronze Tablet Honors, the university’s highest academic distinction.