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D-Wave Names Sharon Holt to Board of Directors

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D-Wave Quantum (NYSE: QBTS) has appointed Sharon Holt to its board of directors, following the October 2024 additions of John DiLullo and Rohit Ghai. Holt brings extensive experience in technology, having served as principal at Fraser Stuart Ventures and former senior VP at Rambus Inc. She currently serves on Infinera Corp.'s board and previously chaired Immersion 's board. The appointment aligns with D-Wave's strategy to accelerate the adoption of its annealing quantum computing solutions and strengthen its market position as the world's first commercial quantum computing company.

D-Wave Quantum (NYSE: QBTS) ha nominato Sharon Holt nel suo consiglio di amministrazione, dopo le aggiunte di ottobre 2024 di John DiLullo e Rohit Ghai. Holt porta con sé un'ampia esperienza nel settore tecnologico, avendo ricoperto il ruolo di principale presso Fraser Stuart Ventures e in precedenza come VP senior presso Rambus Inc. Attualmente fa parte del consiglio di Infinera Corp. e ha presieduto in passato il consiglio di Immersion. La nomina è in linea con la strategia di D-Wave per accelerare l'adozione delle sue soluzioni di calcolo quantistico di annealing e rafforzare la sua posizione di mercato come prima azienda di calcolo quantistico commerciale al mondo.

D-Wave Quantum (NYSE: QBTS) ha nombrado a Sharon Holt en su junta directiva, tras las incorporaciones de octubre de 2024 de John DiLullo y Rohit Ghai. Holt aporta una amplia experiencia en tecnología, habiendo sido principal en Fraser Stuart Ventures y ex VP senior en Rambus Inc. Actualmente, forma parte de la junta de Infinera Corp. y anteriormente presidió la junta de Immersion. La nominación se alinea con la estrategia de D-Wave para acelerar la adopción de sus soluciones de computación cuántica por recocido y fortalecer su posición en el mercado como la primera empresa de computación cuántica comercial del mundo.

D-Wave Quantum (NYSE: QBTS)는 Sharon Holt을 이사회의 새로운 임원으로 임명했습니다. 이는 2024년 10월에 John DiLullo와 Rohit Ghai가 추가된 후의 결정입니다. Holt는 Fraser Stuart Ventures의 프린시펄과 Rambus Inc.의 수석 부사장직을 역임한 기술 분야에서 광범위한 경험을 가지고 있습니다. 현재 Infinera Corp.의 이사로 활동하고 있으며, 이전에는 Immersion의 이사회를 이끌었습니다. 이번 임명은 D-Wave의 양자 어닐링 컴퓨팅 솔루션 채택을 가속화하고, 세계 최초의 상업용 양자컴퓨팅 회사로서의 시장 위치를 강화하기 위한 전략과 일치합니다.

D-Wave Quantum (NYSE: QBTS) a nommé Sharon Holt au sein de son conseil d'administration, suite aux ajouts de John DiLullo et Rohit Ghai en octobre 2024. Holt apporte une vaste expérience dans le domaine de la technologie, ayant été principal chez Fraser Stuart Ventures et ancienne VP senior chez Rambus Inc. Elle siège actuellement au conseil d'Infinera Corp. et a précédemment présidé le conseil d'Immersion. Cette nomination s'inscrit dans la stratégie de D-Wave visant à accélérer l'adoption de ses solutions de calcul quantique par recuit et à renforcer sa position sur le marché en tant que première entreprise de calcul quantique commercial au monde.

D-Wave Quantum (NYSE: QBTS) hat Sharon Holt in seinen Vorstand berufen, nach den Neuzugängen von John DiLullo und Rohit Ghai im Oktober 2024. Holt bringt umfangreiche Erfahrung im Technologiebereich mit, nachdem sie als Principal bei Fraser Stuart Ventures tätig war und zuvor Senior VP bei Rambus Inc. war. Derzeit ist sie Mitglied des Vorstands der Infinera Corp. und hat zuvor den Vorsitz des Vorstands von Immersion innegehabt. Die Ernennung entspricht der Strategie von D-Wave, die Verbreitung ihrer annealing-quantum computing Lösungen zu beschleunigen und ihre Marktposition als erstes kommerzielles Quantencomputing-Unternehmen der Welt zu stärken.

Positive
  • Strategic board appointment strengthening leadership expertise in technology and business development
  • Addition of experienced executive with proven track record in semiconductors and technology commercialization
  • Expansion of board capabilities to support go-to-market initiatives
Negative
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Board appointment further supports company’s aggressive go-to-market efforts amid accelerating adoption of its annealing quantum computing solutions   

PALO ALTO, Calif.--(BUSINESS WIRE)-- D-Wave Quantum Inc. (NYSE: QBTS), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, today announced the appointment of Sharon Holt to its board of directors. The appointment comes on the heels of the October 2024 additions of John DiLullo and Rohit Ghai to the D-Wave board, as the company continues to usher in the era of commercial quantum computing.

Holt is a seasoned technology executive, investor, and board director with extensive global industry experience in semiconductors, embedded technologies, and intellectual property. Her executive roles have spanned business unit leadership, P&L ownership, business development, sales, marketing and engineering. Holt has served as a principal at Fraser Stuart Ventures, LLC, a private investment and advisory firm since 2016. Prior to that, she served as senior vice president and general manager of the semiconductor business group at Rambus Inc., a leading technology development and licensing company. Prior to Rambus, Holt held executive roles at Agilent Technologies and HP. She serves on the board of directors of Infinera Corp., a publicly traded industry-leading supplier of intelligent transport network solutions, and previously served as chairman of the board of directors of Immersion Corporation, a publicly traded developer of haptics technology for cell phones and other devices.

“We’re witnessing the onset of a new era of computation, as quantum shifts from an experimental technology to an essential solution for any organization looking to solve its toughest problems,” said Holt. “As the world’s first commercial quantum computing company, D-Wave is at the forefront of this quantum transformation, and I’m looking forward to supporting the company as it helps customers harness the power of quantum for measurable impact today.”

“We’re excited to welcome Sharon to the D-Wave board, as the company aggressively increases its efforts to fuel the global adoption of annealing quantum computing,” said Steve West, chair of the D-Wave board. “Her proven business leadership coupled with a background in successful go-to-market strategies are well-suited for maximizing impact of the company’s growth initiatives.”

“D-Wave’s opportunity is significant, supported by remarkable product development, rapidly growing customer adoption and ongoing scientific advancements,” said Dr. Alan Baratz, CEO of D-Wave. “Sharon’s addition to the board is perfectly timed to help the company capitalize on its immediate advantages while building a solid and profitable business for the long-term.”

About D-Wave Quantum Inc.

D-Wave is a leader in the development and delivery of quantum computing systems, software, and services, and is the world’s first commercial supplier of quantum computers—and the only company building both annealing quantum computers and gate-model quantum computers. Our mission is to unlock the power of quantum computing today to benefit business and society. We do this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modelling. D-Wave’s technology has been used by some of the world’s most advanced organizations including Mastercard, Deloitte, Davidson Technologies, ArcelorMittal, Siemens Healthineers, Unisys, NEC Corporation, Pattison Food Group Ltd., DENSO, Lockheed Martin, Forschungszentrum Jülich, University of Southern California, and Los Alamos National Laboratory.

Forward-Looking Statements

Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including the risks set forth under the heading “Risk Factors” discussed under the caption “Item 1A. Risk Factors” in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption “Item 1A. Risk Factors” in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to us on the date hereof. We undertake no duty to update this information unless required by law.

Media Contact:

D-Wave

Alex Daigle

media@dwavesys.com

Source: D-Wave Quantum Inc.

FAQ

Who is the newest board member appointed to D-Wave Quantum (QBTS)?

Sharon Holt, a seasoned technology executive and investor, has been appointed to D-Wave's board of directors.

What is Sharon Holt's background before joining D-Wave (QBTS) board?

Holt served as principal at Fraser Stuart Ventures, was senior VP at Rambus Inc., and held executive roles at Agilent Technologies and HP. She currently serves on Infinera Corp.'s board.

How many new board members has D-Wave (QBTS) appointed recently?

D-Wave has appointed three new board members recently: Sharon Holt, along with John DiLullo and Rohit Ghai who were added in October 2024.

D-Wave Quantum Inc.

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