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D-Wave Quantum Inc. (NYSE: QBTS) Appoints Two Veteran Tech Leaders to its Board of Directors

  • John DiLullo and Rohit Ghai bring extensive leadership experience to D-Wave’s board to assist the company’s ongoing efforts to accelerate commercial quantum adoption and capitalize on its unique market position.
  • With a track record spanning more than 30 years in technology, including 15 years in cybersecurity and networking, DiLullo has held key executive positions with several leading companies.
  • Ghai brings years of experience working with both startups and large enterprises, with digital transformation expertise and knowledge across software, systems and security.

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, and the first commercial provider of quantum computers, appointed two veteran technology industry leaders to its board of directors, supporting the increasing market adoption of the company’s annealing quantum computing solutions. The two new board members, John DiLullo and Rohit Ghai, join at a crucial time as the company is implementing an aggressive go-to-market strategy, aiming to accelerate quantum solution adoption across global businesses, research institutions and government agencies (https://ibn.fm/pQTJz). 

DiLullo has an extensive track record spanning more than 30 years in technology, including 15 years in cybersecurity and networking. Bringing leadership expertise in growth and profitability transformation, DiLullo focuses on improving customers’ technology adoption experience, championing customer success and ROI, and embracing specialized routes to market for significant growth.

DiLullo currently serves as chief executive officer at Deepwatch, a leading managed security platform for cyber resilient enterprises. He previously served as CEO at LiveVox and Lastline Security, and held senior executive level positions with F5 Networks, HP/Aruba Networks, Cisco Systems and Sonicwall.

Commenting on his appointment, DiLullo reiterated that he believes that D-Wave is a driving force of the commercial quantum computing era, helping organizations solve previously unsolvable business problems including advanced logistics and scheduling, material science innovation, drug discovery and supply chain optimization. “I’m looking forward to sharing my expertise in driving commercial technology adoption in support of the company’s rapidly expanding customer footprint and eco-friendly usage of quantum technology in serving real-world enterprise computing needs,” DiLullo added.

Ghai brings to the board his extensive experience working with both startups and large enterprises, with digital transformation expertise in highly regulated markets and knowledge across software, systems and security. He currently serves as CEO of RSA, a global leader in identity and access management solutions for security-first organizations. Before that, he was president of RSA during its tenure as a Dell Technologies business, as well as president of Dell EMC’s Enterprise Content Division. Ghai also held senior engineering and management roles at Symantec, Computer Associates and Cheyenne Software.

Ghai underscored his excitement for joining D-Wave at a time of hyper-growth and voiced confidence that his background in transformational go-to-market strategies will help the company continue to capitalize on its unique market position. “D-Wave’s opportunity is significant, as entire industries are transformed with the use of new computing paradigms like artificial intelligence and annealing quantum computing technology,” Ghai added.

Chair of the D-Wave board Steve West welcomed both appointments as well-timed to help the company fully take advantage of near-term growth opportunities at a pivotal stage in its development, “having built the world’s largest quantum computer and developing solutions that enable businesses, researchers and governments to harness the power of this technology to solve highly complex problems.”

In turn, D-Wave CEO Dr. Alan Baratz said, “I’m looking forward to working closely with John and Rohit as we continue to build the business, advance our strategic GTM efforts, and support customers’ adoption of annealing quantum computing as part of their core computational infrastructure.”

For more information, visit the company’s website at www.dwavequantum.com.

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

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.

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