IonQ Strengthens Leadership Team with Key Executive Hires.

(NYSE: IONQ) has strategically expanded its leadership team with four new Vice President appointments: David Chung (VP, Corporate Development), who previously facilitated over $5 billion in equity and debt transactions and played a critical role in IonQ’s initial public offering which raised over $650 million, achieving a valuation nearly three times greater than subsequent quantum computing IPOs; Shad Reed (VP, Engineering Public Sector), a Ph. in Aerospace Engineering and former Air Force Research Laboratory assignment holder who scaled engineering teams and delivered solutions to government programs at Anduril Industries; Petrina Zaraszczak (VP, Business Operations & Integration), bringing experience managing profit and loss statements ranging from $60 million to over $1 billion at Flowserve; and Sterling Zumbrunn (VP, Product Management Networking), with a decade of experience scaling high-growth initiatives. These hires, alongside recent additions including Paul Dacier, Dr. Marco Pistoia, and Dr. [name omitted from source], support IonQ’s roadmap towards constructing a quantum computer with 2 million qubits by 2030, and accelerating innovation in areas including drug discovery, material science, financial modeling, logistics, and cybersecurity, while leveraging the company’s high-fidelity and algorithmic quantum computing delivered through major cloud platforms.

Leadership Appointments

IonQ, a leading commercial quantum computing and networking company, has strategically augmented its executive leadership team with four new Vice President appointments, signalling a commitment to sustained growth and expansion across critical business functions. These hires – David Chung as VP, Corporate Development; Shad Reed as VP, Engineering Public Sector; Petrina Zaraszczak as VP, Business Operations & Integration; and Sterling Zumbrunn as VP, Product Management Networking – represent a significant investment in expertise poised to accelerate IonQ’s ambitious technology roadmap.

As Niccolo de Masi, CEO of IonQ, stated, “As IonQ continues to push the boundaries of quantum computing and networking, bringing in top-tier talent is paramount to our success. ” David Chung joins IonQ with a substantial track record in capital markets and technology investment, having led transactions exceeding $5 billion in both equity and debt.

He played a pivotal role in IonQ’s initial public offering, which raised over $650 million and achieved a valuation nearly three times greater than subsequent experts and domain specialists could identify computationally challenging problems that benefit from quantum acceleration.

The success of this roadmap is contingent upon continued advancements in fundamental quantum science, sustained investment in research and development, and the cultivation of a skilled workforce capable of driving innovation in this rapidly evolving field.