Reinforces Expertise Across Engineering, Product Management, Corporate Development, and Business Operations

IonQ (NYSE:IONQ), the leading commercial quantum computing and networking company, today announced the appointment of four new Vice Presidents: 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. These strategic additions to IonQ's leadership team underscore the company's rapid growth and commitment to expanding its capabilities across critical business functions.

"As IonQ continues to push the boundaries of quantum computing and networking, bringing in top-tier talent is paramount to our success," said Niccolo de Masi, CEO of IonQ. "David, Shad, Petrina, and Sterling each bring a wealth of experience and proven leadership in their respective fields. Their expertise will be instrumental in accelerating our corporate strategy, deepening our engagement with the public sector, optimizing our operational efficiency, and driving the development of our quantum networking solutions."

David Chung, VP, Corporate Development: David Chung joins IonQ with extensive experience across capital markets, strategic advisory and technology investing. He has led transactions totaling more than $5 billion in both equity and debt markets and assisted 20+ private and public companies with financing and M&A projects, from software to deep tech. In his most recent role at an SEC-registered investment firm, Mr. Chung played a critical role in taking IonQ into the public markets. By driving first-to-category advantages, he helped drive capital markets execution to raise over $650M, positioning IonQ's IPO at a premium valuation - nearly 3x greater than any other subsequent quantum computing IPO.
Shad Reed, VP, Engineering Public Sector: Dr. Shad Reed brings a distinguished career in aerospace engineering, product delivery, and public sector leadership to IonQ. Dr. Reed's career began in the US Air Force where he earned a Ph.D. in Aerospace Engineering, and his military experience included several assignments with the Air Force Research Laboratory and academic institutions. After his military service, Dr. Reed was Vice President of Engineering for the Altius business line at Anduril Industries where he scaled the engineering team, delivered critical engineering solutions to multiple government programs, and developed the product from a prototype to full scale production. Dr. Reed's expertise will enhance IonQ's engagement with government agencies and drive the application of quantum solutions within the public sector.
Petrina Zaraszczak, VP, Business Operations & Integration: Petrina Zaraszczak is a seasoned executive with a strong track record in general management, product management, business development and M&A within industrial and technology B2B sectors. Ms. Zaraszczak has successfully managed P&Ls ranging from $60 million to over $1 billion. She has built and led global product management, strategic marketing, and business development teams. Her most recent role was at Flowserve, where she served as the Vice President of Strategic Business Management. Ms. Zaraszczak's comprehensive experience in optimizing business operations and driving strategic integration will be critical for IonQ's scaling efforts.
Sterling Zumbrunn, VP, Product Management Networking: Sterling Zumbrunn joins IonQ with over a decade of experience scaling high-growth companies and leading product innovation. Most recently, Mr. Zumbrunn was Vice President, Product Management at Payoneer Global Inc., as well as Vice President, Engineering, Product, and Design at SoFi Technologies, Inc., where he led initiatives that expanded its member base and broadened the product portfolio. Mr. Zumbrunn's expertise in product strategy, customer-centric development, and scaling product management teams will be invaluable in advancing IonQ's quantum networking product portfolio.

Additional recent strategic hires include Paul Dacier, Dr. Marco Pistoia and Dr. Rick Muller. These appointments reflect IonQ's ongoing commitment to building a world-class team capable of delivering on its ambitious technology roadmap, including the intent to build the world's most powerful quantum computers with 2 million qubits by 2030, and accelerating innovation across drug discovery, materials science, financial modeling, logistics, cybersecurity, and defense.

About IonQ

IonQ, Inc. (NYSE:IONQ) is the leading commercial quantum computing and networking company, delivering high-performance systems aimed at solving the world's most complex problems. IonQ's current generation quantum computers, IonQ Forte and IonQ Forte Enterprise, are the latest in a line of cutting-edge systems that have been helping customers and partners such as Amazon Web Services, AstraZeneca, and NVIDIA achieve 20x performance results. The company is accelerating its technology roadmap and intends to deliver the world's most powerful quantum computers with 2 million qubits by 2030 to accelerate innovation in drug discovery, materials science, financial modeling, logistics, cybersecurity, and defense. IonQ's advancements in quantum networking also positions the company as a leader in building the quantum internet.

The company's innovative technology and rapid growth were recognized in Newsweek's 2025 Excellence Index 1000, Forbes' 2025 Most Successful Mid-Cap Companies list, and Built In's 2025 100 Best Midsize Places to Work in Washington DC and Seattle, respectively. Available through all major cloud providers, IonQ is making quantum computing more accessible and impactful than ever before. Learn more at IonQ.com.

IonQ Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Some of the forward-looking statements can be identified by the use of forward-looking words. Statements that are not historical in nature, including but not limited to the terms "accelerating," "advancements," "building," "continues," "deepening," "delivering," "driving," "expanding," "growth," "intends," "intent," "ongoing," "optimizing," and other similar expressions, are intended to identify forward-looking statements. These statements include those related to the IonQ's quantum computing capabilities and plans; IonQ's technology driving commercial quantum advantage in the future; the necessity, effectiveness, and future impacts of IonQ's offerings available today; and the scalability, fidelity, efficiency, viability, accessibility, effectiveness, importance, reliability, performance, speed, impact, practicality, feasibility, and commercial-readiness of IonQ's offerings. Forward-looking statements are predictions, projections, and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: IonQ's ability to implement its technical roadmap; changes in the competitive industries in which IonQ operates, including development of competing technologies; IonQ's inability to attract and retain key personnel; or IonQ's ability to deliver, and customers' ability to generate, value from IonQ's offerings. You should carefully consider the foregoing factors and the other risks and uncertainties disclosed in the Company's filings, including but not limited to those described in the "Risk Factors" section of IonQ's filings with the U.S. Securities and Exchange Commission, including but not limited to the Company's most recent Annual Report on Form 10-K and reports on Form 10-Q. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and IonQ assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. IonQ does not give any assurance that it will achieve its expectations.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250812835071/en/

IonQ Media contact:

press@ionq.co

IonQ Investor Contact:

investors@ionq.co