D-Wave Quantum Management
Management criteria checks 2/4
D-Wave Quantum's CEO is Alan Baratz, appointed in Aug 2022, has a tenure of 1.75 years. total yearly compensation is $1.05M, comprised of 55% salary and 45% bonuses, including company stock and options. directly owns 0.58% of the company’s shares, worth $1.28M. The average tenure of the management team and the board of directors is 1.8 years and 1.8 years respectively.
Key information
Alan Baratz
Chief executive officer
US$1.0m
Total compensation
| CEO salary percentage | 55.0% |
| CEO tenure | 1.8yrs |
| CEO ownership | 0.6% |
| Management average tenure | 1.8yrs |
| Board average tenure | 1.8yrs |
Recent management updates
Recent updates
D-Wave: Aiming To Leverage Zapata's Industrial Generative AI
Mar 08Quantum Races: D-Wave's Bold Bet Against Giants
Oct 23D-Wave Q2: Profitability Issues, But Its Product Is Seeing Traction From AI
Aug 11D-Wave: Quantum Computing Might Be With Us
Jun 04D-Wave and Davidson Technologies enter multi-year reseller agreement
Jan 05D-Wave Quantum GAAP EPS of -$0.11, revenue of $1.7M
Nov 10D-Wave Quantum: Revolutionary Product That Could Change The World
Oct 11D-Wave Quantum reports Q2 results
Aug 16CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$1m | US$575k | -US$83m |
| Sep 30 2023 | n/a | n/a | -US$82m |
| Jun 30 2023 | n/a | n/a | -US$77m |
| Mar 31 2023 | n/a | n/a | -US$64m |
| Dec 31 2022 | US$11m | US$492k | -US$54m |
| Sep 30 2022 | n/a | n/a | -US$50m |
| Jun 30 2022 | n/a | n/a | -US$43m |
| Mar 31 2022 | n/a | n/a | -US$34m |
| Dec 31 2021 | US$595k | US$450k | -US$32m |
Compensation vs Market: Alan's total compensation ($USD1.05M) is below average for companies of similar size in the US market ($USD1.61M).
Compensation vs Earnings: Alan's compensation has been consistent with company performance over the past year.
CEO
Alan Baratz (68 yo)
1.8yrs
Tenure
US$1,045,150
Compensation
Dr. Alan E. Baratz, Ph.D. serves as President since January 01, 2020 and Director at D-Wave Quantum Inc. since January 14, 2020 and is its Chief Executive Officer since August 2022. He serves as Chief Exec...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.8yrs | US$1.05m | 0.58% $ 1.3m | |
| Chief Financial Officer | 1.8yrs | US$681.80k | 0.26% $ 569.8k | |
| General Counsel & Corporate Secretary | 2.8yrs | US$385.19k | 0.084% $ 184.7k | |
| Chief Development Officer | 1.3yrs | no data | no data | |
| Chief Revenue Officer | less than a year | no data | no data |
1.8yrs
Average Tenure
62yo
Average Age
Experienced Management: QBTS's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.3yrs | US$1.05m | 0.58% $ 1.3m | |
| Independent Chairman of the Board | 14.9yrs | US$194.75k | 0.24% $ 531.3k | |
| Independent Director | 1.8yrs | US$181.25k | 0.023% $ 49.7k | |
| Independent Director | 1.8yrs | US$172.25k | 0.57% $ 1.3m | |
| Member of the Scientific Advisory Board | no data | no data | no data | |
| Independent Director | 1.8yrs | US$177.50k | 0.023% $ 49.7k | |
| Independent Director | 1.3yrs | no data | no data | |
| Independent Director | 1.1yrs | no data | no data | |
| Independent Director | 1.1yrs | no data | no data |
1.8yrs
Average Tenure
53yo
Average Age
Experienced Board: QBTS's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.