Quantum Computing Inc. (QUBT) has released an update to notify the public and investors about its officers.
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On January 25, 2024, Quantum Computing Inc. informed Mr. Liscouski that his tenure as CEO would not be renewed, leading to his decision to step down as both CEO and President on January 31, 2024. Despite his departure from these roles, Mr. Liscouski will remain Chairman of the Board and Risk Committee, with a monthly fee for his service. Concurrently, Dr. William J. McGann was promoted from COO and CTO to CEO and President, effective February 1, 2024, without changes to his existing employment agreement or compensation. The company issued a press release regarding the executive changes.
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For a comprehensive understanding of the announcement, you can read the full document here.