Xanadu Appoints Tara Deakin as Chief People Officer

Insider Brief

• Xanadu has appointed Tara Deakin as Chief People Officer as the photonic quantum computing company expands its global workforce.
• Deakin joins Xanadu from Spin Master, where she served as Chief People Officer and Executive Vice President, while Rebecca Laramée moves to Senior Vice President of Human Resources.
• Xanadu CEO Christian Weedbrook also disclosed the sale of 4.6 million Class B shares for approximately C$32.8 million in gross proceeds for personal financial planning.

PRESS RELEASE — Xanadu Quantum Technologies Limited (“Xanadu“; NASDAQ/TSX: XNDU), a leading photonic quantum computing company, today announced the addition of a strategic leader to its executive team: Tara Deakin as Chief People Officer. This appointment strengthens Xanadu’s leadership as it continues to scale and advance its mission to build quantum computers that are useful and available to people everywhere. As part of this planned transition, current Chief People Officer Rebecca Laramée will continue with the company as Senior Vice President of Human Resources, where she will partner with Deakin to lead Xanadu’s high-growth workforce initiatives.

“Tara is an outstanding addition to our leadership team,” said Dr. Christian Weedbrook, Founder and Chief Executive Officer of Xanadu. “As we continue towards our vision of building a utility-scale, fault-tolerant quantum computer, her extensive experience in global enterprise transformation, leadership effectiveness, and aligning human capital with business strategy will be invaluable in scaling our organization with discipline and purpose. We are also immensely grateful to Rebecca for her leadership as Chief People Officer, and we look forward to her continued impact as Senior Vice President of Human Resources as we build out our global team.”