IQM Quantum Computers announces a new Co-CEO structure for the next growth phase

13
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02
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2024
3
 min. read
  • IQM adopts a Co-CEO leadership structure: Jan Goetz will be CEO for external relations and fundraising, and Mikko Välimäki CEO for commercial operations.
  • The new structure is part of the company’s next growth phase. 

Espoo, Finland, 14th February 2024 – IQM Quantum Computers, a global leader in building quantum computers, implements a dual leadership structure, appointing two Co-CEOs as part of its next growth phase, effective today. 

Former sole CEO and Co-founder Dr. Jan Goetz will lead external relations and fundraising, while Dr. Mikko Välimäki will focus on enterprise commercial operations. Together, Goetz and Välimäki will execute IQM’s strategy going forward. They are based in IQM’s corporate headquarters in Espoo, Finland.

When founding IQM in 2018, Välimäki served as chairman of the company. After the first financing round in 2019, he continued as a board member, actively participating in the company’s decision-making and global scaling of the business since then.

The new Co-CEO approach has vital advantages to strengthen our leadership capabilities. It will leverage complementary skill sets within our leadership team and streamline our organisational performance,” said Dr. Sierk Poetting, Chairman of IQM’s Board. 
As a leadership team, we are confident in Goetz and Välimäki leading IQM to the future and providing value to our customers and partners worldwide. This organisational structure will help us adapt to new opportunities and thrive in a dynamic business landscape.” 

Close collaboration among Co-CEOs ensures seamless flow of operations:

In the new leadership structure, the Co-CEOs will share joint responsibility for overall company performance while ensuring a seamless flow of operations.  

Mikko and I have been part of IQM’s incredible journey since the beginning. At this stage of IQM’s growth, I am truly delighted to have Mikko join me as Co-CEO in shaping IQM’s future. The industry is at a critical moment as the processing capability of quantum computers is about to surpass that of even the most powerful supercomputers. Having Mikko on board to support our commercial operations significantly enhances our business capabilities to capture this opportunity,” said Goetz. 
I am happy about Mikko´s support since it allows me to fully leverage my skills and expertise focusing on external matters. This is a very beneficial development for IQM and all our stakeholders.”

Välimäki's role in transitioning IQM to a global quantum computing business is pivotal as the enterprise's operations rapidly expand worldwide.

Leading our commercial operations and aligning our sales and marketing with the exceptionally strong technology foundation to drive long-term growth is very close to my heart. I feel honoured to take on the role of Co-CEO together with Jan,” said Välimäki.

The announced leadership structure will also create a new corporate framework and foster IQM’s position as a world leading quantum computer scale-up in the rapidly growing and increasingly competitive market.   

Editors Notes

About Dr. Jan Goetz 

Dr. Goetz is a quantum physicist, former sole CEO, and Co-founder of IQM Quantum Computers. Goetz did his doctorate on superconducting quantum circuits at TU Munich and worked as a Marie-Curie Fellow in Helsinki at Aalto University, where he holds the title of docent. In 2023, Handelsblatt, a leading business and financial newspaper in Germany, named Jan "Founder of the Year” on its "People of the Year” list. In 2020, Capital magazine selected him as one of 40 under 40 in Germany, and he received an entrepreneurship award from the KAUTE Foundation. He was on the board of European Innovation Council EIC and now serves as a Council Member of the EIC scaling club, Board Member of the European Quantum Industry Consortium QuIC, member of the German Federal Economic Senate, and a Digital Leader and Global Innovator at the World Economic Forum (WEF). 

About Dr. Mikko Välimäki

Dr. Välimäki is an experienced business leader and investor, who has founded and led several technology companies. He currently holds board member positions in startup companies and a board seat in a NASDAQ Helsinki-listed software company, QT Group.

He co-founded and led storage software company Tuxera Inc. as CEO to over 100 people and high-margin sales across Europe, Asia, and North America. The company became the worldwide leader in embedded file systems in consumer and industrial electronics applications, including phones, cars, TVs, cameras, drones, storage devices, aerospace applications, and more. Dr. Välimäki has a PhD in software business from Aalto University and a Master's in law from the University of Helsinki.

About IQM Quantum Computers

IQM is a global leader in designing, building, and selling superconducting quantum computers. IQM provides both on-premises full-stack quantum computers and a cloud platform to access its computers anywhere in the world.

IQM customers include the leading supercomputing centres, enterprises, and research labs which have full access to IQM's software and hardware.  IQM has over 300 employees with offices in Espoo, Munich, Paris, Warsaw, Madrid, Singapore, and Palo Alto. 

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