IonQ Inc. filed SEC Form 8-K: Leadership Update, Other Events, Financial Statements and Exhibits
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Item 5.02 Departures of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Appointment of New Director
On September 25, 2025, the Board of Directors (the “Board”) of IonQ, Inc. (the “Company”), following the recommendation of the Nominating and Corporate Governance Committee of the Board, appointed John W. Raymond to serve as a member of the Board, effective immediately. General Raymond was appointed as a Class I director whose term will expire at the Company’s 2028 Annual Meeting of Stockholders.
There is no arrangement or understanding between General Raymond and any other person pursuant to which he was selected as a director, and there is no family relationship between General Raymond and any of the Company’s other directors or executive officers. There are no transactions between General Raymond and the Company that would be required to be reported under Item 404(a) of Regulation S-K.
As a non-employee director of the Company, General Raymond will be eligible to receive cash and equity compensation for his services in accordance with the policy for director compensation approved by the Board from time to time. Currently this includes an annual base retainer of $147,500, paid quarterly, and an initial RSU award with a grant date value (using the Company’s standard methodology for director grants) equal to a pro-rated portion of the $220,000 annual RSU grant.
In connection with General Raymond’s appointment to the Board, the Company and General Raymond entered into the Company’s standard form of indemnification agreement, the form of which was filed as Exhibit 10.13 to the Company’s Form 8-K (File No. 001-39694), filed with the U.S. Securities and Exchange Commission on October 4, 2021. This agreement requires the Company to indemnify General Raymond to the fullest extent permitted by Delaware law, for certain liabilities to which he may become subject as a result of his affiliation with the Company.
As General Raymond joins, Bill Scannell is expected to resign as a member of the Board and assuming the role of Senior Commercial Advisor.
Item 8.01 Other Events.
A copy of the press release announcing the appointment of General Raymond to the Board has been filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit No. |
Description | ||
| 99.1 | Board of Directors Press Release, dated September 29, 2025 | ||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | ||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| IonQ, Inc. | |||
| Date: September 29, 2025 | By: | /s/ Paul T. Dacier | |
| Paul T. Dacier | |||
| Chief Legal Officer and Corporate Secretary | |||