- PsiQuantum has promoted Victor Peng to permanent CEO
- Technology executives Rob Soderbery and Sriram Sitaraman have joined the leadership team
- New hires will advance silicon photonics and IT strategy
PsiQuantum has appointed Victor Peng, most recently interim chief executive officer, as permanent CEO as part of a series of executive leadership appointments.
Veteran technology leaders Rob Soderbery and Sriram Sitaraman have joined PsiQuantum as executive vice president and chief information officer, respectively, the company said Thursday.
“Building the world’s first utility-scale quantum computers is one of the most ambitious engineering challenges ever undertaken, and the opportunities enabled by our silicon photonics platform extend well beyond quantum computing,” Peng said.
“Realizing that potential requires exceptional leadership, operational excellence, and the ability to build technologies, teams, and infrastructure at global scale. Rob and Sriram are outstanding leaders who will help accelerate our momentum as we build the company and platform that will shape the future of computing,” he added.
Who Is Victor Peng?
Peng is CEO of PsiQuantum. He joined the company in February as interim chief executive.
Peng brings more than four decades of industry experience spanning graphics processing units, central processing units, field-programmable gate arrays and system-level architectures.
He previously led AMD’s embedded and data center GPU businesses and was responsible for the company’s advanced research and artificial intelligence strategy. He also served as CEO of Xilinx, which was acquired by AMD in 2022. He held executive and engineering leadership positions at MIPS Technologies, SGI and Digital Equipment Corp.
Peng serves on the boards of KLA and Microchip Technologies.
Who Is Rob Soderbery?
Soderbery is a technology executive who serves as EVP at PsiQuantum, where he will advance the company’s silicon photonics platform and its application across AI networking and next-generation computing infrastructure. He brings more than 30 years of experience building and scaling computing and infrastructure technologies to the role.
He most recently served as EVP and general manager of flash business at Western Digital, leading the company’s SanDisk business. He previously worked at Cisco, where he served as senior VP and GM of enterprise products spanning routing, switching, enterprise networking, cloud and wireless. He also held senior leadership roles at UpLift, Symantec and Veritas.
Who Is Sriram Sitaraman?
Sitaraman is a technology executive who serves as CIO at PsiQuantum, where he will lead the company’s global IT strategy with oversight of IT security, enterprise systems, engineering infrastructure, AI enablement and digital transformation efforts.
He most recently served as SVP and CIO at Synopsys, where he built and scaled a large-scale engineering compute environment supporting simulation, electronic design automation, and cloud and AI workloads. He also led transformation efforts across engineering infrastructure, enterprise systems, cybersecurity and cloud platforms.
What Is PsiQuantum?
PsiQuantum is a Palo Alto, California-based company focused on building and deploying quantum computers. Founded in 2016, the company’s photonic approach leverages high-volume semiconductor manufacturing, architectural flexibility and cryogenic infrastructure to scale its systems.
In May, the Department of Commerce selected PsiQuantum and eight other companies to receive over $2 billion in federal incentives under the CHIPS and Science Act to accelerate U.S. quantum computing development.
The latest appointments came two months after Intel CEO Lip-Bu Tan joined its board of directors.
