Rigetti CEO Chad Rigetti Relinquishes Position To Focus On Product & Tech Development

Rigetti Computing, Inc RGTI, a full-stack quantum computing company, announced that its founder, Dr. Chad Rigetti, will transition from his position as President and CEO to focus on advancing its products and technology.
As part of this next growth phase, Rigetti will conduct a CEO search for Dr. Rigetti's successor.
The company was founded in 2013 by Chad Rigetti and now employs more than 190 people with offices in the U.S., U.K. and Australia.
Also Read: Rigetti Announces New Partnerships, Provides Business Updates at Inaugural Investor Day
Dr. Rigetti will continue to serve in his current role until a successor is identified and assumes the position.
Rigetti will release the third quarter 2022 results on November 14, 2022, after the market close.
Price Action: RGTI shares traded higher by 4.31% at $2.20 on the last check Monday.