Monitor the next 10-Q for any changes in financial reporting quality or guidance trajectory under the new acting CFO. The transition is orderly with an internal successor, so near-term disruption is unlikely, but the loss of a CFO with deep capital-markets experience warrants attention if the company pursues further fundraising.
Price Chart
Executive Summary
D-Wave Quantum Inc. announced that CFO John Markovich is retiring effective September 2, 2026, with SVP of Finance Greg Golkov stepping in as acting CFO. The departure is characterized as a retirement with no disagreement over financial reporting or operations, and an internal replacement is already named. This is a routine CFO succession event with no material financial impact, though the loss of a key executive who raised over $900 million in capital introduces minor execution risk during a transition period.
Key Facts
- CFO John Markovich notified the company of his retirement on August 19, 2026, effective September 2, 2026.
- Greg Golkov, age 49, SVP of Finance since May 2023, will become acting CFO and principal financial/accounting officer.
- The resignation was not due to any disagreement with the company on business, operations, accounting policies, or financial reporting.
- Markovich played a pivotal role in taking D-Wave public in 2022 and raising over $900 million in capital.
- Golkov has 25+ years of finance experience, is a CPA, and holds a Wharton bachelor's degree.
Financial Impact
No financial impact from the CFO transition itself; the company raised over $900 million in capital under the departing CFO, but no new financial data is provided in this filing.
Risk Factors
- Potential disruption to capital-raising strategy given the departing CFO's role in raising over $900 million.
- Acting CFO Greg Golkov has not previously served as a public company CFO, introducing execution risk during the transition.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (QBTS) — Batch item 1 | 0001907982-26-000138 |
| Document: 0001907982-26-000138-index.html | 0001907982-26-000138 |
| Document: 0001907982-26-000138.txt | 0001907982-26-000138 |
| 8-K Filing (QBTS) — Batch item 4 | 0001907982-26-000138 |
| Document: 0001907982-26-000138-index.html | 0001907982-26-000138 |
| Document: 0001907982-26-000138.txt | 0001907982-26-000138 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 15, 2026 17d ago | 8-K | $16.41 $17.11 | ▲ +4.27% | ▲ +3.45% | $16.36 (−0.27%) |
Sep 8, 2026 24d ago | 8-K | $17.67 $16.83 | ▼ −4.75% | ▼ −4.09% | $16.36 (−7.39%) |
Aug 25, 2026 5w ago | 8-K | $17.51 $16.49 | ▼ −5.83% | ▼ −5.71% | $16.36 (−6.54%) |
Aug 18, 2026 6w ago | 8-K | $19.53 $19.35 | ▼ −0.92% | ▼ −0.72% | $16.36 (−16.21%) |
Aug 17, 2026 6w ago | 8-K | $20.87 $18.68 | ▼ −10.49% | ▼ −9.30% | $16.36 (−21.59%) |
Aug 6, 2026 8w ago | 8-K | $19.41 $20.90 | ▲ +7.70% | ▲ +6.49% | $16.36 (−15.67%) |
Aug 3, 2026 8w ago | 8-K | $19.98 $16.21 | ▼ −18.87% | ▼ −20.90% | $16.36 (−18.09%) |
Jul 27, 2026 9w ago | 8-K | $19.51 $18.08 | ▼ −7.33% | ▼ −8.40% | $16.36 (−16.12%) |
Jul 24, 2026 10w ago | 8-K | $16.21 $17.98 | ▲ +10.92% | ▲ +10.55% | $16.36 (+0.96%) |
Jul 14, 2026 11w ago | 8-K | $18.95 $16.72 | ▼ −11.77% | ▼ −10.47% | $16.36 (−13.64%) |
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