Quantum Computing Inc. Announces Appointment of Eric Schwartz to Board of Directors
Quantum Computing Inc. (QUBT) has appointed Eric Schwartz to its Board of Directors, effective immediately. Schwartz brings two decades of experience in corporate finance, M&A, and corporate strategy. He currently serves as Managing Director at Castle Harlan, a New York-based private equity firm, overseeing investments in middle-market companies.
Schwartz's extensive board experience includes current positions at Sunless and Titan Production Equipment, along with previous roles at various Castle Harlan portfolio companies. He holds a B.S.E. in Biomedical and Electrical Engineering from Duke University and an M.B.A. from Stanford.
QCi CEO Dr. William McGann highlighted Schwartz's strategic insights and operational expertise as valuable assets for the company's growth plans, particularly as they bring their TFLN chip foundry online and work to build market acceptance for their quantum machines.
Quantum Computing Inc. (QUBT) ha nominato Eric Schwartz nel suo Consiglio di Amministrazione, con effetto immediato. Schwartz porta con sé due decenni di esperienza in finanza aziendale, fusioni e acquisizioni, e strategia aziendale. Attualmente ricopre il ruolo di Managing Director presso Castle Harlan, una società di private equity con sede a New York, supervisando gli investimenti in aziende di medie dimensioni.
La vasta esperienza di Schwartz nel settore dei consigli di amministrazione include attuali posizioni presso Sunless e Titan Production Equipment, oltre a ruoli precedenti in varie aziende del portafoglio di Castle Harlan. Ha conseguito una laurea in Ingegneria Biomedica ed Elettrica presso la Duke University e un M.B.A. presso Stanford.
Il CEO di QCi, Dr. William McGann, ha sottolineato che le intuizioni strategiche e l'expertise operativa di Schwartz sono risorse preziose per i piani di crescita dell'azienda, in particolare mentre portano online il loro stabilimento di chip TFLN e lavorano per costruire l'accettazione del mercato per le loro macchine quantistiche.
Quantum Computing Inc. (QUBT) ha nombrado a Eric Schwartz en su Junta Directiva, con efecto inmediato. Schwartz aporta dos décadas de experiencia en finanzas corporativas, fusiones y adquisiciones, y estrategia empresarial. Actualmente se desempeña como Director General en Castle Harlan, una firma de capital privado con sede en Nueva York, supervisando inversiones en empresas de mercado medio.
La amplia experiencia de Schwartz en juntas incluye posiciones actuales en Sunless y Titan Production Equipment, junto con roles previos en varias empresas del portafolio de Castle Harlan. Posee una licenciatura en Ingeniería Biomédica y Eléctrica de la Universidad de Duke y un M.B.A. de Stanford.
El CEO de QCi, Dr. William McGann, destacó que las perspectivas estratégicas y la experiencia operativa de Schwartz son activos valiosos para los planes de crecimiento de la empresa, especialmente mientras ponen en marcha su fundición de chips TFLN y trabajan para construir la aceptación del mercado para sus máquinas cuánticas.
Quantum Computing Inc. (QUBT)는 Eric Schwartz를 이사회에 즉시 임명했습니다. Schwartz는 기업 금융, M&A 및 기업 전략에서 20년의 경험을 보유하고 있습니다. 그는 현재 뉴욕에 본사를 둔 사모펀드인 Castle Harlan의 전무이사로 재직하며 중간 시장 기업에 대한 투자를 감독하고 있습니다.
Schwartz의 광범위한 이사회 경험에는 Sunless 및 Titan Production Equipment에서의 현재 직위와 Castle Harlan 포트폴리오 회사에서의 이전 역할이 포함됩니다. 그는 Duke University에서 생물 의학 및 전기 공학 학사 학위를, Stanford에서 MBA를 취득했습니다.
QCi의 CEO인 Dr. William McGann은 Schwartz의 전략적 통찰력과 운영 전문성이 회사의 성장 계획에 귀중한 자산이라고 강조했습니다. 특히 TFLN 칩 파운드리를 온라인으로 전환하고 양자 기계에 대한 시장 수용을 구축하기 위해 노력하고 있습니다.
Quantum Computing Inc. (QUBT) a nommé Eric Schwartz au sein de son Conseil d'Administration, avec effet immédiat. Schwartz apporte deux décennies d'expérience en finance d'entreprise, en fusions et acquisitions, et en stratégie d'entreprise. Il occupe actuellement le poste de Directeur Général chez Castle Harlan, une société de capital-investissement basée à New York, supervisant les investissements dans des entreprises de taille intermédiaire.
L'expérience étendue de Schwartz au sein des conseils d'administration comprend des postes actuels chez Sunless et Titan Production Equipment, ainsi que des rôles précédents dans diverses entreprises du portefeuille de Castle Harlan. Il détient un B.S.E. en ingénierie biomédicale et électrique de l'Université de Duke et un M.B.A. de Stanford.
Le PDG de QCi, Dr. William McGann, a souligné que les perspectives stratégiques et l'expertise opérationnelle de Schwartz sont des atouts précieux pour les plans de croissance de l'entreprise, notamment alors qu'ils mettent en ligne leur fonderie de puces TFLN et travaillent à construire l'acceptation du marché pour leurs machines quantiques.
Quantum Computing Inc. (QUBT) hat Eric Schwartz mit sofortiger Wirkung in seinen Vorstand berufen. Schwartz bringt zwei Jahrzehnte Erfahrung in Unternehmensfinanzierung, M&A und Unternehmensstrategie mit. Derzeit ist er Managing Director bei Castle Harlan, einer in New York ansässigen Private-Equity-Firma, die Investitionen in mittelständische Unternehmen überwacht.
Schwartz' umfangreiche Vorstandserfahrung umfasst aktuelle Positionen bei Sunless und Titan Production Equipment sowie frühere Rollen bei verschiedenen Portfoliounternehmen von Castle Harlan. Er hat einen B.S.E. in Biomedizinischer und Elektrotechnik von der Duke University und einen M.B.A. von Stanford.
Der CEO von QCi, Dr. William McGann, hob hervor, dass Schwartz' strategische Einsichten und operative Expertise wertvolle Vermögenswerte für die Wachstumspläne des Unternehmens sind, insbesondere während sie ihre TFLN-Chip-Fabrik online bringen und daran arbeiten, die Marktakzeptanz für ihre Quantenmaschinen zu fördern.
- Addition of experienced board member with extensive M&A and corporate finance expertise
- Strategic expertise in commercialization and manufacturing scale-up
- Board member's relevant experience in guiding companies through growth phases
- None.
Schwartz adds deep commercial and financial expertise to QCi Board
Mr. Schwartz has two decades of experience in corporate finance, mergers and acquisitions, and corporate strategy. Since 2016, he has served as Managing Director at Castle Harlan, a
Mr. Schwartz has extensive board experience, currently serving on the boards of Sunless, a leader in skincare equipment and related products, and Titan Production Equipment, an engineering and fabrication company serving both traditional and clean energy markets. He has also held board roles at several other Castle Harlan portfolio companies, including Baker & Taylor, Caribbean Restaurants, Pretium Packaging, and Shelf Drilling (OSE: SHLF). Mr. Schwartz holds a B.S.E. in Biomedical and Electrical Engineering from Duke University and an M.B.A. from Stanford Graduate School of Business, where he was recognized as an Arjay Miller Scholar.
Dr. William McGann, Chief Executive Officer of QCi, commented, "We're pleased to welcome Eric to the QCi board. His strategic insights and deep operational expertise will be a great benefit to QCi as we continue to execute our strategy and position the business for long-term growth by putting photons to work. Eric has extensive experience guiding companies through commercialization and manufacturing scale-up which will be invaluable as we bring our TFLN chip foundry online and work to build market acceptance for our quantum machines."
Eric Schwartz commented, "I'm excited to join QCi at such a pivotal time in the evolution of quantum computing. QCi's quantum machines and TFLN foundry establish a strong foundation for growth while providing solutions to real world problems today. I look forward to contributing my experience to help drive commercialization, strengthen market positioning, and create lasting value for shareholders."
This appointment is effective immediately.
About Quantum Computing Inc.
Quantum Computing Inc. (Nasdaq: QUBT) is an innovative, integrated photonics and quantum optics technology company that provides accessible and affordable quantum machines to the world today. QCi's products are designed to operate at room temperature and low power at an affordable cost. The Company's portfolio of core technologies and products offer unique capabilities in the areas of high-performance computing, artificial intelligence, and cybersecurity, as well as remote sensing applications.
Company Contact:
Rosalyn Christian/John Nesbett
IMS Investor Relations
qci@imsinvestorrelations.com
Forward-Looking Statements
This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements, generally identified by terms such as "may," "will," "expect," "believe," "anticipate," "estimate," "intends," "goal," "objective," "seek," "attempt," "aim to," or variations of these or similar words, involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. Those statements include statements regarding the intent, belief or current expectations of QCi and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, including the timing of commencing production at our TFLN fabrication facility, and the market acceptance for QCi's quantum products, and that actual results may differ materially from those contemplated by such forward-looking statements. Except as required by federal securities law, QCi undertakes no obligation to update or revise forward-looking statements to reflect changed conditions.
IMPORTANT NOTICE TO USERS (summary only, click here for full text of notice): All information is unaudited unless otherwise noted or accompanied by an audit opinion and is subject to the more comprehensive information contained in our SEC reports and filings. We do not endorse third-party information. All information speaks as of the last fiscal quarter or year for which we have filed a Form 10-K or 10-Q, or for historical information the date or period expressly indicated in or with such information. We undertake no duty to update the information. Forward-looking statements are subject to risks and uncertainties described in our Forms 10-Q and 10-K.
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SOURCE Quantum Computing Inc.
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