D-Wave Quantum Inc. (NASDAQ: QBTS) announced Tuesday that Chief Financial Officer John Markovich is retiring and resigning from his position effective September 2, 2026.
The Palo Alto-based company describes itself as the only dual-platform quantum computing company providing both annealing and gate-model systems, software, and services.
Markovich spent five years at D-Wave, during which he played a central role in shaping the company’s financial foundation and long-term growth trajectory.
CEO Dr. Alan Baratz credited Markovich with helping take the company public in 2022 and raising over $900 million in capital during his tenure.
“John has made significant contributions to D-Wave’s success over the last five years, playing a pivotal role in taking the company public in 2022, raising over $900 million in capital, improving and growing our financial performance, and developing an achievable path for the company to reach profitability,” said Dr. Alan Baratz, CEO of D-Wave.
Baratz added: “I want to thank John for his partnership and wish him the very best in his retirement.”
The company confirmed that Markovich’s departure was not the result of any disagreement over business operations, accounting policies, financial statements, or internal controls.
Greg Golkov, the company’s senior vice president of finance, will assume the role of acting Chief Financial Officer and principal financial and principal accounting officer.
Golkov brings more than 25 years of finance and accounting experience across publicly traded and private equity-backed technology companies, including building finance teams and supporting strategic decision-making.
He has served as D-Wave’s senior vice president of finance since May 2023, overseeing accounting, SEC reporting, financial planning and analysis, treasury, and tax functions.
Prior to joining D-Wave, Golkov served as vice president and controller of Butterfly Network, Inc. from October 2020 to March 2023, where he helped lead that company’s transition to public company reporting.
Before that role, he served as senior vice president of finance at Kaseya from August 2018 to October 2020, leading finance transformation and merger and acquisition integration efforts.
QBTS shares were up 3.59% at the time of the announcement, reflecting a modest positive market reaction to the leadership transition news.
