COLLEGE PARK, MD, September 04, 2025 -- IonQ, the leader in the quantum computing and networking industries, today announced the appointment of Inder M. Singh as Chief Financial Officer and Chief Operating Officer, effective immediately. Singh succeeds Thomas Kramer, who will remain at IonQ in an advisory capacity for up to 60 days to ensure a smooth transition of responsibilities. In connection with his appointment as CFO and COO, Singh has stepped down from IonQ’s Board of Directors.

Singh, age 66, is a financial expert with significant strategic and executive experience across a variety of technology and financial organizations. Singh most recently served as CFO of Arm, a British semiconductor and software design company, from April 2019 until December 2022, where he oversaw the majority of its IPO – the largest of 2023. Singh previously held several leadership roles at Unisys, a global technology solutions company, culminating with his position as CFO. At Unisys, Singh was a key driver of the company’s success in the digital era, developing an innovative financial model that provided secure, software-driven services. Before that, Singh led financial strategy for Cisco, one of the world’s largest networking companies, as its Vice President of Corporate Financial Strategy and M&A. He spent several years on Wall Street as a top-ranked equities analyst. Singh is currently a member of the Board of Directors of John Wiley & Sons, a research publishing company, where he has served since December 2021, and formerly was on the Board of Directors of Affinity Federal Credit Union, a financial services firm. He also participates as a project advisor for the U.S. Department of Homeland Security and other agencies on national security and critical infrastructure issues.

Niccolo de Masi, Chairman and CEO of IonQ, commented, “Inder’s expertise has been instrumental in our efforts to strengthen IonQ’s financial foundation and scale our commercial reach. He has been an outstanding strategic partner to me as Audit Chair and Lead Independent Director, and I am confident he is the right person to drive our priorities forward as CFO and COO. Inder brings a deep knowledge of IonQ’s operations and technology, significant financial acumen, and more than three decades of experience guiding companies through periods of rapid and transformative growth. His contributions as an executive will be immediately additive as we continue to execute on IonQ’s path to build the world’s most powerful quantum computers and quantum networks.”

de Masi continued, “Additionally, I want to thank Thomas for helping bring IonQ to this moment and wish him all the best. We are now ready to embark on IonQ’s next phase of accelerated growth in both quantum computing and quantum networking, supported by our incredibly strong balance sheet and the ability to deploy new capital for strategic projects.”

Singh commented, “I am honored to take on this new role at IonQ as we advance our ambitious technology roadmap to provide real-world applications for quantum computing. When I joined IonQ’s Board in 2021, I shared my view that IonQ would deliver on quantum’s promise. I am even more confident in IonQ’s quantum computing and quantum networking trajectory today and believe we are positioned to deliver the most logical qubits and the lowest manufacturing cost for commercial systems at scale. I am excited to work with Niccolo and IonQ’s innovative team to realize these goals, create meaningful value for stakeholders and extend our industry leadership.”

IonQ is continuing to evolve its leadership team, consistent with its mission to deliver the world’s most powerful quantum computers and quantum networks, scaling to 2 million physical and 80,000 logical qubits by 2030.