D-Wave Quantum stock slips as CFO announces retirement

D-Wave Quantum's shares declined by 1.2% in the market following the company's announcement that Chief Financial Officer John Markovich is set to retire. Markovich's departure from his position is set to take effect on September 2, 2026. Greg Golkov, the company's Senior Vice President of Finance, will take over as the acting CFO and principal financial and accounting officer.

Markovich's resignation is not due to any disagreements with D-Wave on matters related to its business, operations, accounting, or financial reporting. CEO Alan Baratz praised Markovich's contributions over the past five years, highlighting his role in leading the company to go public in 2022 and raising over $900 million in capital.

Golkov has extensive experience in finance and accounting, with over 25 years of experience in both public traded and private equity-backed technology companies. He has been serving as D-Wave's Senior Vice President of Finance since May 2023, overseeing various financial roles. Before joining D-Wave, Golkov was the Vice President and Controller at Butterfly Network, Inc. from October 2020 to March 2023, helping the company transition to public company reporting.

Golkov also served as Senior Vice President of Finance at Kaseya from August 2018 to October 2020. D-Wave Quantum is a dual-platform quantum computing company offering both annealing and gate-model systems, software, and services.