D-Wave Quantum Inc.
D-Wave Quantum Inc. Amends CEO Compensation Agreement
Summary
On April 30, 2026, D-Wave Quantum Inc. amended the employment agreement of its President and Chief Executive Officer, Dr. Alan Baratz. The amendment includes an increase in Dr. Baratz's annual base salary to $700,000, effective January 1, 2026, and a grant of restricted stock units with an aggregate value of $13,488,000 under the Company's 2022 Equity Incentive Plan. The Board of Directors authorized the amendment in recognition of Dr. Baratz's years of service and commitment to the Company.
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About D-Wave Quantum Inc.
D-Wave Quantum Inc. is a leading developer and provider of quantum computing systems, software, and services with a unique focus on addressing real-world complex computational challenges. As a pioneer in the commercial quantum computing space, the company is dedicated to advancing both hardware and software solutions to fuel new possibilities in data processing and optimization. D-Wave’s quantum systems are utilized across various industries, including manufacturing, logistics, pharmaceuticals, and financial services, fostering advancements in machine learning, modeling, and optimization problems. Notably, the company’s platform integrates with conventional computing systems, providing hybrid quantum solutions that enhance processing efficiency. D-Wave Quantum Inc.’s contributions are pivotal in steering the technological curve towards quantum advantage, allowing businesses and researchers to explore new horizons in computational capabilities. By offering quantum cloud services, the company lowers the barrier for organizations to access and benefit from cutting-edge quantum technology. Headquartered in Burnaby, Canada, D-Wave continues to be a significant player in the tech industry, aggressively pushing the boundaries of quantum computing and establishing itself as a key influencer in the evolution of computing paradigms.
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