IonQ Unanimously Selects Peter Chapman as Next Chairman of Board of Directors

IonQ (NYSE: IONQ), a frontrunner in the field of quantum computing, announced today the appointment of Peter Chapman as the incoming Chairman of its Board of Directors, and Harry You as the lead independent director, effective upon the conclusion of IonQ’s upcoming annual general meeting scheduled for June 5, 2024. Both designations were unveiled through a proxy circular released on April 25, 2024. Additionally, Peter Chapman has been nominated for re-election as a Category III director, with his new position taking effect upon re-election.

Niccolo de Masi, Chairman of the Nominating and Corporate Governance Committee of the IonQ Board of Directors, commented on the appointments, stating,In the last quarter, we welcomed Robert Cardillo and Bill Scannell to our Board of Directors. Following the annual meeting, the Board has unanimously selected Peter Chapman as our next Chairman, recognizing his invaluable five-year tenure at IonQ and the substantial strides he has made in transitioning IonQ from an academic entity to a thriving commercial enterprise. Under Peter’s stewardship, IonQ has evolved into the premier pure-play, publicly traded quantum computing systems company, surpassing both technical and financial benchmarks set prior to its listing on the stock exchange.

Furthermore, the board unanimously appointed Harry You as the lead independent director following the annual general meeting on June 5. Mr. You brings with him a wealth of experience in driving shareholder value, notably through his involvement in EMC’s sale to Dell and Broadcom’s acquisition of VMWare.

Both Peter Chapman and Harry You will retain their current roles within the company, with Peter Chapman serving as CEO and Harry You serving as Chairman of the Audit Committee of the IonQ Board of Directors.

Expressing his gratitude, Peter Chapman, CEO of IonQ, remarked,It is a privilege to receive such resounding support from the Board of Directors, particularly as IonQ solidifies its leadership in delivering commercial value to customers through quantum systems. I eagerly anticipate expanding my current responsibilities and collaborating closely with board members, including Harry, to advance IonQ’s key strategic initiatives.

Harry You added,In recent years, there has been a surge of interest in quantum computing, driving demand for commercialized systems across both public and private sectors. I am thrilled to partner with Peter in my new capacity as IonQ continues to fortify its presence in quantum computing and networking. With the company’s robust financial standing, operational momentum, and talented management cadre, we are well-positioned to explore numerous avenues for growth and development.

Source Link:

Newsletter Updates

Enter your email address below and subscribe to our newsletter