Rigetti Computing announced a significant operational restructuring, including the creation of a new Chief Operating Officer (COO) role, to better scale customer deployments of its quantum systems. The company appointed former Chief Technology Officer (CTO) David Rivas as its first COO and promoted Andrew Bestwick to the role of CTO.
Key Details
- Executive Appointments: Effective August 18, 2026, David Rivas was appointed to the newly created role of COO, and Andrew Bestwick was appointed CTO.
- Compensation Update: In connection with his appointment, David Rivas' annual base salary was increased to $440,000.
- Strategic Rationale: The changes establish a dedicated "Systems Delivery" organization to meet rising demand for on-premises quantum systems, allowing the technology division under the new CTO to focus on advancing the quantum processor roadmap.