Kevin Turner, chief operating officer of Microsoft Corp., listens during the annual Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, May 2, 2016. The conference gathers attendees to explore solutions to today’s most pressing challenges in financial markets, industry sectors, health, government and education. Photographer: Patrick T. Fallon/Bloomberg via Getty ImagesBloomberg | Bloomberg | Getty Images
Kevin Turner has stepped down as CEO of crypto mining start-up Core Scientific, the company confirmed to CNBC Wednesday. He will continue on as an adviser to the company and remains a significant shareholder.
Core Scientific’s co-founder and chairman, Mike Levitt, has stepped in as CEO.
According to a Geekwire article, Turner joined Core Scientific in 2018. He spent nearly three years running the blockchain infrastructure and hosting provider, which operates crypto mines across the country. The company has more than 100 employees, according to its profile page on LinkedIn.
Turner has championed the company’s mission to be 100% carbon-neutral, addressing a common criticism of cryptocurrency mining. Fifty-six percent of the power used at its facilities today is from renewable sources, and the balance is purchased via National Wind Renewable Energy Certificates out of North Dakota.
Turner did not immediately reply to a request for comment.